security & fraud

Report: Tesla Data Breach Was an Inside Job
Report: Tesla Data Breach Was an Inside Job
August 20, 2023  |  Security & Fraud

A data breach at Tesla in May was apparently the work of insiders. That’s according to a notice from the Maine attorney general issued Friday...

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Report: Revolut US Payments Flaw Leads to $20 Million Theft
Report: Revolut US Payments Flaw Leads to $20 Million Theft
July 09, 2023  |  Security & Fraud

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. As the Financial Times (FT) reported Sunday (July 9), the thefts occurred over...

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Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium
Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium
June 29, 2023  |  Security & Fraud

Unit21 has raised $45 million in a Series C round to grow the Fintech Fraud DAO consortium. The funding is being used to support a collaborative approach to...

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Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
June 27, 2023  |  Security & Fraud

Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and...

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LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
February 26, 2023  |  Security & Fraud

LinkedIn has reportedly seen a rash of scams targeting remote workers and jobless tech employees. People seeking jobs on the networking site are instead being...

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FTC Distributes $115M to Victims of MoneyGram Payment Fraud
FTC Distributes $115M to Victims of MoneyGram Payment Fraud
February 12, 2023  |  Security & Fraud

The federal government has reimbursed nearly 40,000 victims of fraud schemes processed by MoneyGram. According to a Friday (Feb. 10) Federal Trade Commission (FTC) news...

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Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
January 26, 2023  |  Security & Fraud

A global ransomware group has been shut down by American, German and Dutch authorities. The U.S. Justice Department said in a Thursday (Jan. 26) press...

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T-Mobile Reports Monthlong Data Breach Affecting 37M Customers
T-Mobile Reports Monthlong Data Breach Affecting 37M Customers
January 19, 2023  |  Security & Fraud

A hacker siphoned customer data from T-Mobile for more than a month. In that time, the bad actor obtained data about 37 million customers, the...

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Mobile Wallet Twint Taps NetGuardians for Anti-Fraud Software
Mobile Wallet Twint Taps NetGuardians for Anti-Fraud Software
January 11, 2023  |  Partnerships

Swiss mobile wallet Twint is tapping NetGuardians for fraud prevention software. Twint chose the Swiss anti-fraud FinTech as a provider due to its ability to...

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