Tag: fraud
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Streaming Fraud Campaigns Rely on AI Tools, Bots
Fraudsters are using generative AI to generate fake music and boost the popularity of the fake content. First seen on darkreading.com Jump to article: www.darkreading.com/threat-intelligence/streaming-fraud-campaigns-rely-on-ai-tools-bots
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Anti-fraud body leaks dozens of email addresses in invite mishap
Calendar cock-up exposed recipients’ details First seen on theregister.com Jump to article: www.theregister.com/2025/10/21/cifas_email_blunder/
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Anti-fraud body leaks dozens of email addresses in invite mishap
Calendar cock-up exposed recipients’ details First seen on theregister.com Jump to article: www.theregister.com/2025/10/21/cifas_email_blunder/
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International Sting Takes Down SIM Box Criminal Network
The operation took down a massive SIM card fraud network that provided fake phone numbers from more than 80 countries to criminals. First seen on darkreading.com Jump to article: www.darkreading.com/cybersecurity-operations/international-sting-sim-box-criminal-network
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Authorities Shut Down Cybercrime-as-a-Service, Seize 40,000 SIM Cards
Law enforcement authorities across Europe have dismantled a sophisticated cybercrime-as-a-service operation that enabled criminals to commit widespread fraud and other serious offenses across the continent. The coordinated action, codenamed ‘SIMCARTEL’, resulted in seven arrests, the seizure of over 40,000 active SIM cards, and the takedown of infrastructure that facilitated crimes causing millions of euros in…
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SIMCARTEL operation: Europol takes down SIM-Box ring linked to 3,200 scams
Europol’s SIMCARTEL operation shut down a SIM-box network behind 3,200 frauds and Euro4.5M losses, using 40,000 SIMs for scams and extortion. Europol’s “SIMCARTEL” operation dismantled an illegal SIM-box network tied to over 3,200 fraud cases and Euro4.5M in losses. The service used 1,200 SIM-boxes with 40,000 SIM cards to supply phone numbers for phishing, investment…
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SIMCARTEL operation: Europol takes down SIM-Box ring linked to 3,200 scams
Europol’s SIMCARTEL operation shut down a SIM-box network behind 3,200 frauds and Euro4.5M losses, using 40,000 SIMs for scams and extortion. Europol’s “SIMCARTEL” operation dismantled an illegal SIM-box network tied to over 3,200 fraud cases and Euro4.5M in losses. The service used 1,200 SIM-boxes with 40,000 SIM cards to supply phone numbers for phishing, investment…
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Cybersecurity Snapshot: F5 Breach Prompts Urgent U.S. Gov’t Warning, as OpenAI Details Disrupted ChatGPT Abuses
Tags: ai, attack, awareness, backdoor, breach, business, chatgpt, china, cisa, cloud, control, corporate, cve, cyber, cybersecurity, data, data-breach, defense, detection, exploit, framework, fraud, governance, government, group, hacker, incident, infrastructure, Internet, iran, law, LLM, malicious, malware, mitigation, monitoring, network, openai, organized, phishing, privacy, resilience, risk, russia, scam, security-incident, service, software, strategy, supply-chain, technology, threat, training, update, vulnerabilityF5’s breach triggers a CISA emergency directive, as Tenable calls it “a five-alarm fire” that requires urgent action. Meanwhile, OpenAI details how attackers try to misuse ChatGPT. Plus, boards are increasing AI and cyber disclosures. And much more! Key takeaways A critical breach at cybersecurity firm F5, attributed to a nation-state, has triggered an urgent…
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Europol dismantles SIM box operation renting numbers for cybercrime
European law enforcement in an operation codenamed ‘SIMCARTEL’ has dismantled an illegal SIM-box service that enabled more than 3,200 fraud cases and caused at least 4.5 million euros in losses. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/europol-dismantles-sim-box-operation-renting-numbers-for-cybercrime/
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European police bust network selling thousands of phone numbers to scammers
Authorities raided a “SIM farm” operation that used tens of thousands of cards to enable fraud in several European countries, including Latvia and Austria. First seen on therecord.media Jump to article: therecord.media/europe-sim-farms-raided-latvia-austria-estonia
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Banks need stricter controls to prevent romance fraud, says City regulator
FCA cites study showing victims’ ‘red flags’ are often missed and calls for improved monitoring systemsThe City regulator has called on banks and payment firms to bring in stricter controls protecting customers from romance fraud after a study showed a number of missed “red flags” that led to people losing huge sums of money.The review…
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Fraudsters Posing as ‘Perfect Borrowers’ Rack Up Big Losses
Synthetic Identities for Superprime Borrowers Generate 3 Times Higher Fraud Losses. Auto lenders operate on a simple principle – the higher a borrower’s credit score, the lower the risk. But new data from TransUnion reveals a troubling contradiction: Superprime borrowers with a credit score higher than 720 are generating three times more fraud losses than…
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Operation Herakles – Schlag gegen Cybercrime 1.406 Betrugs-Websites gesperrt
First seen on security-insider.de Jump to article: www.security-insider.de/erfolg-gegen-cyberkriminalitaet-illegale-internetseiten-gesperrt-a-a6bee36acef2a7bfb6b2e3a39616da26/
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Operation Herakles – Schlag gegen Cybercrime 1.406 Betrugs-Websites gesperrt
First seen on security-insider.de Jump to article: www.security-insider.de/erfolg-gegen-cyberkriminalitaet-illegale-internetseiten-gesperrt-a-a6bee36acef2a7bfb6b2e3a39616da26/
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Banking-Betrug weltweit um 65 Prozent gestiegen
Die Bedrohung durch digitalen Finanzbetrug erreicht neue Dimensionen. Laut dem aktuellen 2025 Global Scams Report des Sicherheitsanbieters BioCatch ist die Zahl der Betrugsversuche im vergangenen Jahr um 65 Prozent gestiegen. Voice-Phishing-Angriffe (Vishing) haben sich dabei verdoppelt, SMS-basierte Phishing-Attacken nahmen sogar um das Zehnfache zu. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/banking-betrug-weltweit-um-65-prozent-gestiegen
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Banking-Betrug weltweit um 65 Prozent gestiegen
Die Bedrohung durch digitalen Finanzbetrug erreicht neue Dimensionen. Laut dem aktuellen 2025 Global Scams Report des Sicherheitsanbieters BioCatch ist die Zahl der Betrugsversuche im vergangenen Jahr um 65 Prozent gestiegen. Voice-Phishing-Angriffe (Vishing) haben sich dabei verdoppelt, SMS-basierte Phishing-Attacken nahmen sogar um das Zehnfache zu. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/banking-betrug-weltweit-um-65-prozent-gestiegen
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The Human Cost of Cyber Risk: How Exposure Management Can Ease Security Burnout
Tags: ai, attack, breach, business, ceo, ciso, cloud, cve, cyber, cybersecurity, data, data-breach, defense, finance, fraud, healthcare, identity, mitre, ransomware, risk, strategy, technology, threat, tool, vulnerability, vulnerability-managementThe true cost of cyber risk is a human one. Siloed tools and disjointed operations aren’t just endangering your business, they’re also taking a real toll on your teams. It’s long past time to take the friction out of cybersecurity with a unified, proactive approach. Key takeaways: Security teams are overwhelmed by the number of…
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The Human Cost of Cyber Risk: How Exposure Management Can Ease Security Burnout
Tags: ai, attack, breach, business, ceo, ciso, cloud, cve, cyber, cybersecurity, data, data-breach, defense, finance, fraud, healthcare, identity, mitre, ransomware, risk, strategy, technology, threat, tool, vulnerability, vulnerability-managementThe true cost of cyber risk is a human one. Siloed tools and disjointed operations aren’t just endangering your business, they’re also taking a real toll on your teams. It’s long past time to take the friction out of cybersecurity with a unified, proactive approach. Key takeaways: Security teams are overwhelmed by the number of…
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New York secures $14 million in fines from 8 car insurance companies after data breaches
Car insurance price-quote tools that auto-populated with people’s sensitive data allowed cybercriminals to commit fraud elsewhere, New York’s state government said in announcing fines against several companies. First seen on therecord.media Jump to article: therecord.media/auto-insurance-companies-fined-ny-state-pre-fill-data-breaches
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New York secures $14 million in fines from 8 car insurance companies after data breaches
Car insurance price-quote tools that auto-populated with people’s sensitive data allowed cybercriminals to commit fraud elsewhere, New York’s state government said in announcing fines against several companies. First seen on therecord.media Jump to article: therecord.media/auto-insurance-companies-fined-ny-state-pre-fill-data-breaches
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Beyond the checklist: Building adaptive GRC frameworks for agentic AI
Tags: access, ai, breach, ciso, cloud, compliance, control, crime, data, detection, endpoint, finance, framework, fraud, governance, grc, international, metric, monitoring, nist, risk, risk-management, strategy, supply-chain, switchAutonomous agent drift First, I experienced an autonomous agent drift that nearly caused a severe financial and reputational crisis. We deployed a sophisticated agent tasked with optimizing our cloud spending and resource allocation across three regions, giving it a high degree of autonomy. Its original mandate was clear, but after three weeks of self-learning and…
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U.S. seizes $15 billion in Bitcoin linked to massive forced-labor crypto scam
The U.S. government has seized about $15 billion worth of Bitcoin connected to what prosecutors call one of the largest cryptocurrency fraud and human trafficking operations … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/10/15/prince-group-crypto-scam-15-billion-in-bitcoin-seized/
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U.S. seizes $15 billion in Bitcoin linked to massive forced-labor crypto scam
The U.S. government has seized about $15 billion worth of Bitcoin connected to what prosecutors call one of the largest cryptocurrency fraud and human trafficking operations … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/10/15/prince-group-crypto-scam-15-billion-in-bitcoin-seized/
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Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire
Officials in the US and UK have taken sweeping action against “one of the largest investment fraud operations in history,” confiscating a historic amount of funds in the process. First seen on wired.com Jump to article: www.wired.com/story/feds-seize-record-breaking-15-billion-in-bitcoin-from-alleged-scam-empire/
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Jeder Vierte in Deutschland bereits Opfer von digitalem Betrug
Digitale Sicherheit ist längst kein Randthema mehr sie bildet die Grundlage für Vertrauen, schützt die finanzielle Stabilität und bewahrt die persönliche Identität. Die neue Ping Identity Consumer Survey 2025 macht deutlich, wie groß die Belastung durch digitale Betrugsversuche in Deutschland ist. Bereits ein Viertel der Verbraucherinnen und Verbraucher hierzulande wurde Opfer von Betrug, Scam… First…
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Jeder Vierte in Deutschland bereits Opfer von digitalem Betrug
Digitale Sicherheit ist längst kein Randthema mehr sie bildet die Grundlage für Vertrauen, schützt die finanzielle Stabilität und bewahrt die persönliche Identität. Die neue Ping Identity Consumer Survey 2025 macht deutlich, wie groß die Belastung durch digitale Betrugsversuche in Deutschland ist. Bereits ein Viertel der Verbraucherinnen und Verbraucher hierzulande wurde Opfer von Betrug, Scam… First…
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6 UnderRadar Vendors That Supercharge Breach and Attack Simulation
BAS tools make it easy to see the impact of data loss, fraud, and theft. Learn about the features and capabilities of the top breach and attack simulation tools. First seen on esecurityplanet.com Jump to article: www.esecurityplanet.com/products/breach-and-attack-simulation-bas-vendors/
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Invoicely Database Leak Exposes 180,000 Sensitive Records
Cybersecurity researcher Jeremiah Fowler discovered nearly 180,000 files, including PII and banking details, left exposed on an unprotected database linked to the Invoicely platform. Read about the identity theft and financial fraud risks for over 250,000 businesses worldwide. First seen on hackread.com Jump to article: hackread.com/invoicely-database-leak-expose-sensitive-records/
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Mikrosegmentierung kann die Wirkung von Phishing-Attacken eindämmen
Bei automatisierter Mikrosegmentierung wird Jede Ressource proaktiv isoliert, sodass Angreifer selbst dann, wenn ein Phishing-Betrug einen ersten Zugriff ermöglicht, keine seitlichen Bewegungen ausführen können. First seen on infopoint-security.de Jump to article: www.infopoint-security.de/mikrosegmentierung-kann-die-wirkung-von-phishing-attacken-eindaemmen/a42335/