security & fraud

Latest Facebook-Related Scam Puts Banking Customers on Alert 
Latest Facebook-Related Scam Puts Banking Customers on Alert 
March 13, 2024  |  Security & Fraud

Search online for the words “Facebook scams” and your search engine will immediately deliver myriad news stories warning consumers to be vigilant when scrolling through...

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FTC Issues Proposal to Ban Impersonations as Fraud Rises
FTC Issues Proposal to Ban Impersonations as Fraud Rises
February 15, 2024  |  Fraud Prevention

The Federal Trade Commission (FTC) is proposing a new set of rules that would prohibit the impersonation of individuals. Citing growing complaints around impersonation fraud, the FTC...

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Scammers Using GenAI to Improve, Scale Phishing Attacks
Scammers Using GenAI to Improve, Scale Phishing Attacks
February 14, 2024  |  artificial intelligence

Financial scams have become increasingly sophisticated with the use of generative artificial intelligence (AI). Criminals armed with generative AI tools can easily create realistic videos,...

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Online Romance Scams Grow More Sophisticated With Deepfakes, Advanced Tech
Online Romance Scams Grow More Sophisticated With Deepfakes, Advanced Tech
February 13, 2024  |  Security & Fraud

In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on...

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TruShield Insurance and Visa Team on Cybersecurity for Small Businesses
TruShield Insurance and Visa Team on Cybersecurity for Small Businesses
February 13, 2024  |  Security & Fraud

Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats.   “Not having adequate protection against cyberattacks could leave business owners at...

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Increasing Ransomware Incidents Highlight Critical Role of Advanced Tech in Fighting Fraud
Increasing Ransomware Incidents Highlight Critical Role of Advanced Tech in Fighting Fraud
February 08, 2024  |  Security & Fraud

Ransomware payments surpassed $1 billion in 2023, marking a record peak following a decrease in 2022, according to the latest chapter of Chainalysis’ 2024 Crypto...

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FTC Sending $610,000 in Refunds to Tech Support Scam Victims
FTC Sending $610,000 in Refunds to Tech Support Scam Victims
February 08, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) has begun sending refunds to consumers who lost money in a tech support scam facilitated by payment processor Nexway. This move follows a...

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APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
February 06, 2024  |  Security & Fraud

The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated...

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Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
February 05, 2024  |  Security & Fraud

What’s better than $10,000? Try $25 million. That, it appears, is the thinking of an emerging cohort of bad actors and financial criminals behind a...

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