‘Tis the season to be … wary. The holiday weeks mean fewer days in the office — online or onsite. Staffers embark on their usual round-robins of vacation. We’re all browsing sites and stores in search of the best deals on, well … everything. In...
Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from them, Financial Times (FT) reported. The Investment Association (IA), the trade body for U.K. asset managers, reported that there had...
Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of attention, and for good reason. Cybercriminals are getting good enough to fake biometric authentication methods using Deep Fake and other...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes BMW’s new voice assistant, a big airline data breach and the rise of fashionable contactless payments. Plus, a type of fraud is gaining and the U.S. charges...
December 23, 2019
Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of attention, and for good reason. Cybercriminals are getting good enough to fake biometric authentication methods using Deep Fake and other techniques. Earlier this year, for example, fraudsters made off with […]
November 09, 2023
Amazon has filed four federal lawsuits against fraudulent organizations that attempted to scam consumers by impersonating the company. The lawsuits were filed in Western District of Pennsylvania, Eastern District of North Carolina, Northern District of Georgia and in the District of Arizona, Amazon said in a Thursday (Nov. 9) press release. The groups being sued operated […]
July 14, 2020
Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from them, Financial Times (FT) reported....
