Police bust scam call centres behind €50 million in fraud losses
Authorities have dismantled a cybercrime ring running call centres in Albania and defrauding victims of more than €50 million, arresting 10 suspects and seizing nearly …
Shadow AI, deepfakes, and supply chain compromise are rewriting the financial sector threat playbook
Financially motivated attacks continued to drive the bulk of cyber incidents against banks, insurers, and payment processors in 2025. Approximately 90% of breaches affecting …
A single platform powers SIM farm proxy networks across 17 countries
Racks of phones and 4G modems, connected to carrier networks and rented out as commercial mobile proxy services, are operating across at least 94 locations in 17 countries. An …
NGate NFC malware targets Android users through trojanized payment app
NFC-based payment fraud is expanding geographically and operationally. A campaign active since November 2025 is targeting Android users in Brazil using a new variant of the …
Cargo theft malware actor spent a month inside a decoy network before researchers pulled the plug
Proofpoint researchers executed a malicious payload from a threat actor known to target trucking and logistics companies in late February 2026, doing so inside a decoy …
$12 million frozen, 20,000 victims identified in crypto scam crackdown
More than $12 million has been frozen, and over 20,000 victims have been identified in an international law enforcement operation targeting cryptocurrency and investment …
Seized VerifTools servers expose 915,655 fake IDs, 8 arrested
On April 7 and 8, Dutch police arrested eight suspects in a nationwide operation targeting users of the VerifTools platform as part of an identity fraud investigation. The …
MITRE releases a shared fraud-cyber framework built from real attack data
Financial fraud losses in the United States reached $16.6 billion in 2024, up from $4.2 billion in 2020. Behind those numbers is a structural problem: the teams responsible …
Cybercrime losses break the $20 billion mark
Online crime continues to generate rising financial losses, with totals reaching $20.877 billion in 2025. The FBI’s Internet Crime Complaint Center (IC3) report shows a 26% …
Your customer passed authentication. So why are they sending money to a scammer?
In this Help Net Security video, Lenny Gusel, Head of Fraud Solutions in North America at Feedzai, explains how customer identity and access management has converged with …
Fake AI songs streamed billions of times, netting fraudster $10 million
Michael Smith, 54, of Cornelius, North Carolina, has pleaded guilty in federal court to running a scheme that exploited music streaming platforms and diverted royalty payments …
Global fraud losses climb to $442 billion
Online fraud is reaching more victims and generating larger losses, driven by digital tools and organized networks operating across borders. Global trends in financial fraud …
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