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 and the banking industry. This surge in cybertheft and financial scams has prompted regulators, law enforcement agencies and financial institutions...
Back in the golden olden days of print newspapers, bad guys would regularly read the obituaries, then craft a plan to break into houses and steal valuable items during the wake or funeral. But like most analog businesses, this criminal model has gone digital. Today,...
Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC) on Tuesday (Sept. 18) showed how eCommerce can enable other forms of ID theft. The federal agency said it shut...
Five people accused of running an identity theft ring in New York City will face charges relating to a 394-count indictment for stealing personal information from hundreds of dental patients. The theft ring was apparently led by former Apple Store employee Devin Bazile. “The charges...
April 25, 2019
Back in the golden olden days of print newspapers, bad guys would regularly read the obituaries, then craft a plan to break into houses and steal valuable items during the wake or funeral. But like most analog businesses, this criminal model has gone digital. Today, the internet makes discovering and then executing creative ideas not […]
April 15, 2024
Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department of State’s Diplomatic Security Service (DSS) issued a notice to financial institutions Monday (April 15), urging them to be on the lookout for suspicious activity related to the use of counterfeit passport cards. “Since […]
August 22, 2023
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 and the banking industry. This...
February 06, 2015
Five people accused of running an identity theft ring in New York City will face charges relating to a 394-count indictment for stealing personal information from hundreds of dental patients....
