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, …
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 …
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 …
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. …
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 …
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 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 …
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 …
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 – …
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 …
Consumers continue to overestimate their ability to spot deepfakes
The Jumio 2024 Online Identity Study reveals significant consumer concerns about the risks posed by generative AI and deepfakes, including the potential for increased …
Selfie spoofing becomes popular identity document fraud technique
Document image-of-image was the most prevalent identity (ID) document fraud technique in 2023, occurring in 63% of all IDs that were rejected, according to Socure. Selfie …
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