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The attack with many names: SMS Toll Fraud

Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, …

online fraud
Old methods, new technologies drive fraud losses

GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According …

digital wallet
Stolen, locked payment cards can be used with digital wallet apps

Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims report the card stolen and the bank replaces it, …

send money
Scammers dupe chemical company into wiring $60 million

Orion S.A., a global chemical company with headquarters in Luxembourg, has become a victim of fraud: it lost approximately $60 million through “multiple fraudulently …

Crowdstrike
Some good may come out of the CrowdStrike outage

Estimated financial losses due to the recent massive IT outage triggered by the faulty CrowdStrike update are counted in billions, but the unfortunate incident is having …

cybersecurity threats
The changes in the cyber threat landscape in the last 12 months

When it comes to the cyber threat landscape, change is the only constant: the inevitable interplay between cybercriminals and law enforcement agencies makes it inevitable. …

digital identity
Fighting AI-powered synthetic ID fraud with AI

Aided by the emergence of generative artificial intelligence models, synthetic identity fraud has skyrocketed, and now accounts for a staggering 85% of all identity fraud …

GenAI
Deepfakes and voice clones are undermining election integrity

As the volume of digital business rises year over year, the potential for AI-enhanced digital fraud increases with it, according to Telesign. A new Telesign report highlights …

securing video market
Securing the video market: From identification to disruption

Video piracy, a pressing issue often unnoticed in security discussions, is rising and demands immediate attention. In this Help Net Security video, Chris White, Chief …

online fraud
Modern fraud detection need not rely on PII

Trends in online fraud detection often act as the canary in the coal mine when it comes to understanding and combating the next generation of online scams, fraud and …

Coinbase Pro
How fraudsters stole $37 million from Coinbase Pro users

A convincing phishing page and some over-the-phone social engineering allowed a group of crooks to steal over $37 million from unlucky Coinbase Pro users. One of them – …

privacy
Fighting identity fraud? Here’s why we need better tech

In this Help Net Security video, Patrick Harding, Chief Architect at Ping Identity, discusses the state of identity fraud prevention. Businesses must adopt more advanced …

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