7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store
Sophos released new findings on CryptoRom scams—a subset of pig butchering schemes designed to trick users of dating apps into making fake cryptocurrency investments. Since …
CISOs gear up to combat the rising threat of B2B fraud
The ongoing banking and economic turmoil has opened the floodgates to fraudsters. In this Help Net Security video, ex-British Intelligence officer Alex Beavan, Head of Ethics …
Consumers demand more from businesses when it comes to security
Fraudsters are opportunistic criminals and 2022 and the first few months of this year brought opportunities like never before, according to Experian. This volatility …
A fresh look at the current state of financial fraud
In this Help Net Security video, Greg Woolf, CEO at FiVerity, discusses how the emergence of sophisticated fraud tools powered by AI and recent upheavals in the banking sector …
How fraudsters undermine text passcodes
Malicious bots are taking new forms – a burst of spam and scam text messages led to 18,000+ consumer complaints at the FCC last year. One of the newest scams – artificial …
A new wave of sophisticated digital fraud hits Europe
Forced verification and deepfake cases multiply at alarming rates in the UK and continental Europe, according to Sumsub. In Germany alone, forced verification grew by 1500% as …
Virtual claims raise alarms among insurance carriers and customers
As the digital revolution changes the claims process, both carriers and customers are increasingly concerned about data privacy, according to LexisNexis Risk Solutions. More …
Online scams target bargain-hunting holiday travelers
30% of adults have fallen victim or know someone who has fallen victim to an online scam while trying to save money when booking travel, according to McAfee. 34% of those who …
Fraudsters send fake invoice, follow up with fake exec confirmation
Fraudsters are trying out a new approach to convince companies to pay bogus invoices: instead of hijacking existing email threads, they are creating convincing ones …
Fraud victims risk more than money
Digital fraud has significant financial and psychological repercussions on victims, according to Telesign. Businesses may find a new reason to fear digital fraud as the …
Think your data has no value? Scammers disagree
In the first quarter of 2023 there was a significant increase in cyberattacks exploiting trust in established tech brands Microsoft and Adobe, according to Avast. The Avast …
The costly threat that many businesses fail to address
Insider attacks such as fraud, sabotage, and data theft plague 71% of U.S. businesses, according to Capterra. These schemes can cost companies hundreds of thousands of dollars …
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