Source: consumer.ftc.gov
Consumers lost a record $10 billion to fraud in 2023, with digital tools making it easier for scammers to find targets. That total is 14%...
The Federal Communications Commission (FCC) has made it illegal to use artificial intelligence (AI)-generated voices in robocalls. This ruling will give state attorneys general another...
Romania’s central bank governor, Mugur Isarescu, found himself unwittingly associated with false financial recommendations after being targeted by a deepfake video. The video, which utilized...
Bumble is employing artificial intelligence (AI) to ensure its dating profiles aren’t, well, artificial. “Our most recent research made one thing very clear: our members are...
New York Attorney General Letitia James accused Citi of failing to protect fraud victims. In a lawsuit filed Tuesday (Jan. 30), the state’s top prosecutor...
eCommerce firms are grappling with the widespread impact of fraud, and according to PYMNTS Intelligence research, more than 80% encountered true fraud — verified instances...
Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings...
“Dad, please send them the money. They say they are going to hurt me.” It is every parent’s worst nightmare: their child in trouble, being...
Qatari billionaire Wissam Al Mana reportedly emerged victorious in a legal battle against Meta over the unauthorized use of his image in cryptocurrency scam advertisements...