More than 500 scam tokens have reportedly been deployed by developers on Base, the new blockchain launched by crypto exchange Coinbase. These efforts have resulted in scammers pocketing around $2 million, Bloomberg reported Wednesday (Aug. 16), citing figures from New York-based crypto market integrity platform Solidus Labs. Coinbase did not immediately...
The Federal Trade Commission (FTC) is warning consumers to be wary of scammers pretending to be staff members. The FTC issued a press release and blog post on Tuesday (July 11) to alert consumers. The blog post said that scammers have been using the names of real FTC employees to gain...
Fraud was the top complaint related to coronavirus logged by the Federal Trade Commission (FTC), according to new reports released on the organization’s website. There were 47,881 fraud complaints to the FTC across the country, the majority in every state. There were 14,079 complaints about...
Google’s attempts to aid the world during the outbreak of the coronavirus could have privacy concerns, according to some U.S. senators. The new site, created by Google parent Alphabet’s life sciences arm Verily, offers a questionnaire to help people find out simply and quickly if...
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 call center fraud, where numbers gain data and data gains dollars and other ill-gotten gains for … well, ill-getters. In the latest installment of Data […]
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...
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 millions of unsuspecting victims,” Johan Gerber, Mastercard’s executive vice president for security and cyber innovation, said in a Wednesday (May 22) news release. “Thanks to our […]
August 16, 2023
More than 500 scam tokens have reportedly been deployed by developers on Base, the new blockchain launched by crypto exchange Coinbase. These efforts have resulted in scammers pocketing around $2 million, Bloomberg reported Wednesday (Aug....
July 11, 2023
The Federal Trade Commission (FTC) is warning consumers to be wary of scammers pretending to be staff members. The FTC issued a press release and blog post on Tuesday (July 11) to alert consumers. The blog...
June 12, 2020
Fraud was the top complaint related to coronavirus logged by the Federal Trade Commission (FTC), according to new reports released on the organization’s website. There were 47,881 fraud complaints to...
