PYMNTS-MonitorEdge-May-2024

Cybertheft

Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
August 22, 2023  |  Security & Fraud

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals...

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US Ambassador: China Aims to Steal Intellectual Property About AI
US Ambassador: China Aims to Steal Intellectual Property About AI
June 21, 2023  |  artificial intelligence

China is likely to try to steal intellectual property about artificial intelligence (AI), a U.S. ambassador said Wednesday (June 21). Nathaniel Fick, ambassador at large...

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UN Says North Korea Stole Record Amount of Crypto in 2022
UN Says North Korea Stole Record Amount of Crypto in 2022
February 07, 2023  |  Cryptocurrency

The United Nations says North Korea stole a record amount of cryptocurrency assets last year. As Reuters reported Tuesday (Feb. 7), a confidential UN report...

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Hackers Exploit Ethereum Address Weakness, Grab Nearly $1M
Hackers Exploit Ethereum Address Weakness, Grab Nearly $1M
September 26, 2022  |  Cryptocurrency

Around $950,000 in cryptocurrency has been stolen from an Ethereum address, exploiting a vulnerability similar to another recent attack on market maker Wintermute that took...

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Seth Green’s Kidnapped Bored Ape Shows NFTs’ Growing Commercialization
Seth Green’s Kidnapped Bored Ape Shows NFTs’ Growing Commercialization
May 25, 2022  |  NFTs

Actor Seth Green’s plans to turn his Bored Ape NFT into a TV show have apparently crashed and burned just weeks before its launch after...

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FBI Recovers Ransomware And Follows Great (Bitcoin) Wallet Hop 
FBI Recovers Ransomware And Follows Great (Bitcoin) Wallet Hop 
June 08, 2021  |  Security & Fraud

The “what” is this: A significant portion of the bitcoin-denominated ransomware demanded of – and received from – the Colonial Pipeline operator has been recovered....

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How A Reformed Fraudster Now Fights Fraud
How A Reformed Fraudster Now Fights Fraud
August 31, 2018  |  Security & Fraud

Most people’s first job was babysitting, or delivering the paper, or perhaps working at a local shop. But none of those jobs really appealed to a...

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Being Hacked, Having Identity Stolen Top Americans’ Feared Crimes List
Being Hacked, Having Identity Stolen Top Americans’ Feared Crimes List
November 13, 2017  |  Security & Fraud

What worries Americans more than cybercrime? Maybe nothing. A recent Gallup poll published last week (Nov. 6) has found that in the United States, individuals are more fearful...

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Sizzle Fizzle: Walmart’s Sizzling Online Summer, Bitcoin’s Down Under Bummer   
Sizzle Fizzle: Walmart’s Sizzling Online Summer, Bitcoin’s Down Under Bummer   
August 25, 2017  |  Sizzle/Fizzle

Walmart, tech behemoth? From digital to drones, the big boxer is proving nimble of foot when it comes to plying wares across all manner of...

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