
Five trends to help senior executives protect against fraud threats
A new Experian report identifies five trends that businesses should assess and take action on to mitigate fraud and improve the customer experience in today’s …

Rio 2016: The world is watching, especially hackers
When each nation’s best athletes compete at the Olympic Games, one city seemingly becomes the center of the universe. And while we look on closely—captivated by the …

Kovter malware masquerades as Firefox update
Click-ad-fraud Kovter malware, packaged as a legitimate Firefox browser update, is being delivered to unsuspecting victims via drive-by-download attacks. Kovter, which also …

StubHub fraud ringleader sentenced to state prison
Vadim Polyakov was sentenced to 4-to-12 years in state prison for coordinating an international cybercrime and money laundering scheme that involved the theft of personal …

Criminals stole $12.7 million from ATMs in Japan
In the early morning hours of May 15, 2016, a group of over 100 people executed coordinated, fraudulent ATM withdrawals that netted them about 1.44 billion yen. In a period of …

Fraudsters steal tax data from ADP customer portal
ADP has confirmed identity thieves managed to access W-2 data of a number of its customers’ employees through the company’s customer portal, but says that the …

Online transaction fraud to reach $25 billion by 2020
Online transaction fraud is expected to reach $25.6 billion by 2020, up from $10.7 billion last year, according to Juniper Research. This means that by the end of the decade, …

How tax fraud occurs and how to stay safe
The IRS is now taking up to 21 days to review a tax return. Last year, a similar tax return took seven days to review, according to iovation. This increase of taking up to …

Digital Identity Graph helps detect fraud, cyberattacks
ThreatMetrix announced at RSA Conference the newest innovation in the fight against global cybercrime – the Digital Identity Graph, a framework for anonymized global digital …

Leader of group that stole $55M by hacking payment processors pleads guilty
Ercan Findikoglu, a Turkish citizen also known by the online nicknames “Segate,” “Predator,” and “Oreon,” pleaded guilty to computer intrusion conspiracy, access device fraud …

Ecommerce fraud surges 163%
The worst fears of online retailers has been confirmed with data just released today: in 2015, the number of attacks by fraudsters was up 163 percent – growing two and a half …

VoIP phones can be turned into spying or money-making tools
A security vulnerability present in many enterprise-grade VoIP phones can easily be exploited by hackers to spy on employees and management, says security consultant Paul …
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