Two Estonians plead guilty in $577M cryptocurrency Ponzi scheme
Two Estonian nationals may spend the next 20 years in prison for stealing hundreds of millions of dollars through a massive cryptocurrency Ponzi scheme, the US Department of …
Pig butchering scams are exploding
2024 is set to be a record year for scammers who received at least US$9.9 billion in crypto revenues from their illicit activities, according to Chainalysis. This figure is …
Self-sovereign identity could transform fraud prevention, but…
The way we manage digital identity is fundamentally broken. The root of the problem lies in traditional, centralized identity models, where a single organization holds and …
Overconfident execs are making their companies vulnerable to fraud
Cyber fraud (which includes activity such as hacking, deepfakes, voice cloning and highly sophisticated phishing schemes) rose by 14% year over year, according to Trustpair. …
Man charged with stealing $65 million by exploting DeFI protocols vulnerabilities
A Canadian man has been indicted in federal court in New York for exploiting vulnerabilities in two decentralized finance (DeFi) protocols to fraudulently obtain about $65 …
What you can do to prevent workforce fraud
In this Help Net Security interview, Benjamin Racenberg, Senior Intelligence Services Manager at Nisos, discusses the threat of workforce fraud, particularly DPRK-affiliated …
Preparing financial institutions for the next generation of cyber threats
In this Help Net Security interview, James Mirfin, SVP and Head of Risk and Identity Solutions at Visa, discusses key priorities for leaders combating fraud, the …
Cyber trends set to influence business strategies
Diligent convened a group of 65 board members, C-suite executives, and leading subject matter experts to explore topics shaping the future of business: generative AI, …
Deepfakes force a new era in fraud detection, identity verification
The rise in identity fraud over the past two years has significantly impacted all industries, especially finance, banking, fintech, and crypto, according to Regula. With …
The SBI fake banking app shows that SMS authentication has had its day
As a company fortunate enough to have and maintain our own pentesting team, we often do outreach with other organizations to assist with or provide our expertise in offensive …
Overwhelmed by fraud? Here’s how financial pros fight back
In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial …
How CISOs can make smarter risk decisions
In this Help Net Security interview, Gavin Reid, CISO at HUMAN Security, talks about the latest cybersecurity threats and how attackers are becoming more sophisticated. He …