scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

SEC Official: Crypto Scams Now Favored Crime Tool
SEC Official: Crypto Scams Now Favored Crime Tool
August 25, 2021  |  Security & Fraud

The popularity of cryptocurrency has come with an unfortunate side effect: a corresponding rise in the number of scams involving crypto. Such crimes have become...

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M&T Bank Says Blanket Approach To Security Smothers Customer Experience
M&T Bank Says Blanket Approach To Security Smothers Customer Experience
August 19, 2021  |  Fraud Prevention

March 2020 marked a watershed moment for digital banking. It marked the mass acceleration away from branches and onto banking sites and apps, with more...

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Bitcoin Daily: Australian Regulator Warns Investors Of Crypto Scams; MobileCoin To Expand Crypto Chatbot Payment System, Other Products
Bitcoin Daily: Australian Regulator Warns Investors Of Crypto Scams; MobileCoin To Expand Crypto Chatbot Payment...
August 18, 2021  |  Bitcoin

The Australian Securities and Investments Commission (ASIC) has issued a warning on the trading of cryptocurrencies, according to a press release. The organization said in...

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Chinese Cryptocurrency Tied To More Than $2B In Crime, Scams
Chinese Cryptocurrency Tied To More Than $2B In Crime, Scams
August 03, 2021  |  Security & Fraud

Chinese cryptocurrency is the latest involved in a rash of illicit activity involving $2.2 billion in digital payment tokens used in scams and dark internet...

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US, Canadian Authorities Save Company From $750K BEC Scam
US, Canadian Authorities Save Company From $750K BEC Scam
July 15, 2021  |  B2B Payments

An unnamed U.S. company was saved from losing approximately $750,000 after the Canadian Anti-Fraud Centre (CAFC) shared a tip about a potential business email compromise...

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FTC: Americans Lost Nearly $500M To COVID Fraud
FTC: Americans Lost Nearly $500M To COVID Fraud
July 14, 2021  |  Security & Fraud

The proliferation of fraud and scams involving COVID-19 has dealt heavy fiscal blows to Americans’ wallets, according to data from the Federal Trade Commission (FTC),...

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B2B Payment Ecosystems Tackle Business Email Compromise
B2B Payment Ecosystems Tackle Business Email Compromise
July 08, 2021  |  B2B Payments

When the likes of Google and Facebook can fall victim to B2B payments fraud, it’s time for companies of all sizes and industries to pay...

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Defending SMBs And B2B Against ID Fraud Chaos
Defending SMBs And B2B Against ID Fraud Chaos
July 02, 2021  |  B2B Payments

Amid the great digital shift, smaller firms are increasingly vulnerable to complex and ever-evolving fraud schemes. Sontiq Senior Vice President of Digital Financial Wellness Jim...

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Tech Glitch Shuts Down Government, News Websites In Europe And US
Tech Glitch Shuts Down Government, News Websites In Europe And US
June 08, 2021  |  Security & Fraud

Dozens of news and government websites went offline early Tuesday (June 8) due to a glitch at a cloud services provider. According to The Wall...

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