Cybersecurity researchers have uncovered a sophisticated malware campaign using fake AI video generation software to steal sensitive data from Windows and Mac users, highlighting new risks as businesses rush to adopt artificial intelligence tools. Security experts warn that the campaign, first reported by Bleepingcomputer, employs...
For firms in security-critical areas like financial services and payments, it’s time to pay attention to cybersecurity. A data breach in these industries doesn’t just mean a lost paycheck; it could trigger a financial disaster on a global, digitally interconnected scale. And with the news...
Crypto scams have remained a booming industry for scammers who exploit the hype, anonymity and global reach of digital currencies. But with crypto thefts and scams soaring up 53% into the billions last year, law enforcement has sharpened its focus on the historically opaque sector...
The FTC is refunding $449,000 to victims of a telemarketing scam involving extended automobile warranties. According to a Thursday (Oct. 10) news release from the Federal Trade Commission (FTC), the scam was carried out by a company known as American Vehicle Protection Corp. The regulator said the scam involved...
September 10, 2024
As Ben Franklin once said, nothing in life is certain except for death and taxes. And add to that a new pressing issue for businesses: the increasing prevalence of tax scams, particularly those involving fraudulent claims for tax credits. As a recent alert issued by the U.S. Internal Revenue Service (IRS) highlights, these scams have […]
August 15, 2017
Hold the phone. Hold on. Recognize that phone number? It’s yours. But it’s not you. And someone’s using that number to do some bad stuff. Welcome to the world of...
August 03, 2017
Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with glee. But Uri Rivner, BioCatch...
October 10, 2024
The FTC is refunding $449,000 to victims of a telemarketing scam involving extended automobile warranties. According to a Thursday (Oct. 10) news release from the Federal Trade Commission (FTC), the scam was carried out by a company known as American Vehicle Protection Corp. The regulator said the scam involved calling hundreds of thousands of consumers nationwide to sell costly […]
October 09, 2024
With another major hurricane on the way, three federal agencies are warning companies not to take advantage of these natural disasters and cautioning consumers to watch out for the scams...
October 07, 2024
Scammers based in Southeast Asia took in up to $37 billion in 2023. These groups are still ramping up their efforts in spite of increased law enforcement activity, Bloomberg News reported...
May 22, 2024
Mastercard says it is using generative AI to more quickly detect compromised credit cards. “Until now fraudsters may have thought they were operating in obscurity, seeking to launder the card details of...
