$400M seized, 5,500 arrested in global operation targeting cyber fraud
A coordinated international operation involving law enforcement agencies from 40 countries led to the arrest of over 5,500 individuals linked to financial crimes and the …
Crypto companies are losing ground to deepfake attacks
The crypto sector stands out as the only surveyed industry where deepfake fraud surpasses traditional document fraud in prevalence, according to Regula. Crypto companies …
Black Friday shoppers targeted with thousands of fraudulent online stores
Building fake, fraudulent online stores has never been easier: fraudsters are registering domain names for a pittance, using the SHOPYY e-commerce platform to build the …
How to recognize employment fraud before it becomes a security issue
The combination of remote work, the latest technologies, and never physically meeting your employees has made it very easy for job applicants to mask their true identities …
Deepfake attacks occur every five minutes
As cybercriminals continue to adapt their techniques to find new ways through defenses, AI-assisted fraud is growing increasingly sophisticated and frequent, according to …
Social engineering scams sweep through financial institutions
North American financial institutions fielded 10 times more reports of social engineering scams in 2024 than they did a year ago, according to BioCatch. The data shows scams …
Fraudsters revive old tactics mixed with modern technology
Threat actors continue to probe the payments ecosystem for vulnerabilities and were successful in conducting fraud schemes affecting multiple financial institutions, …
Scammers target Airbnb and Booking.com users
ESET researchers discovered that the organized scammer network Telekopye has expanded its operations to target users of popular accommodation booking platforms like …
Spotting AI-generated scams: Red flags to watch for
In this Help Net Security interview, Andrius Popovas, Chief Risk Officer at Mano Bank, discusses the most prevalent AI-driven fraud schemes, such as phishing attacks and …
Discover how online fraud can impact your business
Recent reports underscore increased fraud losses driven by both old methods and new technologies. As fraudsters exploit advancements in AI and other sophisticated tools, their …
Losses due to cryptocurrency and BEC scams are soaring
Every type of fraud is on the rise, and 2023 was a particularly devastating year for victims of cryptocurrency and business email compromise (BEC) scams, according to the FBI. …
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, …
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