Tag: fraud
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Cybersecurity in Crypto: Best Practices to Prevent Theft and Fraud
Cybersecurity tips to protect your cryptocurrency from hackers, scams, and fraud. Learn best practices for securing digital assets… First seen on hackread.com Jump to article: hackread.com/cybersecurity-crypto-practices-to-prevent-theft-fraud/
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Stadtverwaltung in Deutschland mit falschen Identitäten um 400.000 Euro betrogen
Stadt wurde Opfer von Cyber-Betrug First seen on duelmen.de Jump to article: www.duelmen.de/news-detail/statement-zum-fall-von-cyber-betrug
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Curbing Fraud With Stronger Digital Identity Proofing
Reuben Stewart of PNC Discusses Ways to Move Away from Using Static Data. Digital identity proofing is a major challenge for banks and financial services firms. Many organizations rely on static data, such as Social Security numbers, which fraudsters can easily steal and misuse, said Reuben Stewart, digital identity lead at PNC Bank. First seen…
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FTC: Fraud losses reached a record $12.5B in 2024
First seen on scworld.com Jump to article: www.scworld.com/brief/ftc-fraud-losses-reached-a-record-12-5b-in-2024
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UK Abolishes Payment Systems Regulator to Streamline Regs
Move to Fold PSR Into Financial Conduct Authority Could Affect Fraud Victims. The U.K. government late Tuesday abolished its Payment Systems Regulator, a move aimed at reducing business complexity and supporting the Labour government’s economic growth agenda. Payment system firms had complained that they had to deal with three different regulators. First seen on govinfosecurity.com…
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Rising Threat of Online Fraud in Quick Service Restaurants
See why fraudsters are zeroing in on Quick Service Restaurants (QSRs), where account takeovers have surged 72% and how preventing ATO starts with stopping bots at login”, before they get in. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/rising-threat-of-online-fraud-in-quick-service-restaurants/
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Fraud Losses Reached $12.5 Billion in 2024: FTC
FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams. The post Fraud Losses Reached $12.5 Billion in 2024: FTC appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/fraud-losses-reached-12-5-billion-in-2024-ftc/
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Popular Voice Cloning Tools Lack Safeguards
Abuse Can Lead to Fraud, Impersonation Scams. Need a new voice? Artificial intelligence has you covered. Need to protect your own? That’s another story. Some of the most widely used AI voice synthesis tools offer only superficial safeguards against misuse – if any at all, researchers found in a recent analysis. First seen on govinfosecurity.com…
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Threat Actors Evade Security Measures to Launch SIM Swap Attacks
SIM swapping fraud continues to pose a significant threat to individuals and financial institutions, despite ongoing efforts by telecom providers and regulatory bodies to enhance security measures. This type of fraud involves fraudsters gaining control of a victim’s phone number by swapping or porting their SIM card, often using stolen personal and financial information obtained…
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FTC says Americans lost $12.5B to scams last year — social media, AI, and crypto didn’t help
You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same…
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Fast-Track Your PCI DSS 4.0 Compliance with Page Protect AWS WAF
Meet PCI DSS 4.0 compliance fast with DataDome Page Protect & AWS WAF. Secure payment pages, automate compliance & stop fraud before the March 2025 deadline. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/fast-track-your-pci-dss-4-0-compliance-with-page-protect-aws-waf/
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US govt says Americans lost record $12.5 billion to fraud in 2024
The U.S. Federal Trade Commission (FTC) said today that Americans lost a record $12.5 billion to fraud last year, a 25% increase over the previous year. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/us-govt-says-americans-lost-record-125-billion-to-fraud-in-2024/
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SIM Swapping Fraud Surges in the Middle East
SIM swapping fraud surges in the Middle East as cybercriminals exploit websites mimicking legitimate services to steal personal data First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/sim-swapping-fraud-surges-middle/
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Cybersecurity Snapshot: CSA Outlines Data Security Challenges and Best Practices, While ISACA Offers Tips To Retain IT Pros
Tags: advisory, ai, awareness, banking, best-practice, business, cloud, compliance, corporate, crime, crypto, cve, cyber, cybercrime, cybersecurity, data, defense, exploit, extortion, finance, fraud, governance, government, group, healthcare, infrastructure, iot, jobs, mail, malicious, microsoft, mitigation, monitoring, network, nis-2, privacy, qr, ransom, ransomware, regulation, resilience, risk, risk-assessment, risk-management, scam, service, strategy, technology, threat, tool, vmware, vulnerability, vulnerability-management, zero-dayCheck out best practices for shoring up data security and reducing cyber risk. Plus, get tips on how to improve job satisfaction among tech staff. Meanwhile, find out why Congress wants federal contractors to adopt vulnerability disclosure programs. And get the latest on cyber scams; zero-day vulnerabilities; and critical infrastructure security. Dive into six things…
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PrintSteal: Unmasking a Large-Scale KYC Document Fraud Operation
A recent investigation by CloudSEK has exposed PrintSteal, a vast cybercriminal operation engaged in the fraudulent generation and First seen on securityonline.info Jump to article: securityonline.info/printsteal-unmasking-a-large-scale-kyc-document-fraud-operation/
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The Badbox botnet is back, powered by up to a million backdoored Androids
Best not to buy cheap hardware and use third-party app stores if you want to stay clear of this vast ad fraud effort First seen on theregister.com Jump to article: www.theregister.com/2025/03/07/badbox_botnet_returns/
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Credit Card Fraud: How Does It Work?
A deep dive into some real-live techniques and scripts used by threat actors to commit credit card fraud. See the actual steps involved. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/credit-card-fraud-how-does-it-work/
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Introducing Bots Unmasked: A New Book on Exposing Cyberfraud in the Era of AI
Discover how to outsmart AI-enhanced cyberfraud with Bots Unmasked, the essential book for business, security, and fraud leaders. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/introducing-bots-unmasked-a-new-book-on-exposing-cyberfraud-in-the-era-of-ai/
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Cybercriminals Exploit Compromised Email Servers for Fraudulent Campaigns
Trend Micro’s Managed XDR team has recently investigated a sophisticated Business Email Compromise (BEC) attack that targeted multiple business partners. The incident, which occurred over several days, involved the exploitation of a compromised email server to orchestrate a complex fraud scheme. Intricate Web of Deception The attack involved three business partners (Partner A, Partner B,…
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Google Rolls Out AI Scam Detection for Android to Combat Conversational Fraud
Google has announced the rollout of artificial intelligence (AI)-powered scam detection features to secure Android device users and their personal information.”These features specifically target conversational scams, which can often appear initially harmless before evolving into harmful situations,” Google said. “And more phone calling scammers are using spoofing techniques to hide their real First seen on…
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Kampf gegen Online-Betrug: Telefónica prüft Identität von O2-Kunden für Dritte
Tags: fraudTelefónica will Onlineshops helfen, Kundendaten zu prüfen. Damit soll Betrug verhindert werden. First seen on golem.de Jump to article: www.golem.de/news/kampf-gegen-online-betrug-telefonica-prueft-identitaet-von-o2-kunden-fuer-dritte-2503-193964.html
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1 Million Third-Party Android Devices Have a Secret Backdoor for Scammers
New research shows at least a million inexpensive Android devices”, from TV streaming boxes to car infotainment systems”, are compromised to allow bad actors to commit ad fraud and other cybercrime. First seen on wired.com Jump to article: www.wired.com/story/1-million-third-party-android-devices-badbox-2/
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Half of Online Gambling Firms Lose 10% of Revenue to Fraud
Tags: fraudSumsub research finds European iGaming market is losing billions to fraud each year First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/half-online-gambling-lose-10/
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DPRK IT Fraud Network Uses GitHub to Target Global Companies
Nisos DPRK IT Fraud Network Uses GitHub to Target Global Companies Nisos is tracking a network of likely North Korean (DPRK)-affiliated IT workers posing as Vietnamese, Japanese, and Singaporean nationals with the goal of obtaining employment in remote engineering… First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/dprk-it-fraud-network-uses-github-to-target-global-companies/
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Rewe-Bonuspunkte im Visier: Wie Kriminelle die Supermarkt-App für Betrug nutzen
Tags: fraudFirst seen on t3n.de Jump to article: t3n.de/news/wie-kriminelle-die-rewe-supermarkt-app-fuer-betrug-nutzen-1674300/