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NFT
Are NFTs safe? 3 things you should know before you buy

NFTs, or non-fungible tokens, have captured the attention (and wallets) of consumers and businesses around the world. This is largely in part to the big price-tag sales, such …

Facebook
Facebook Messenger users targeted by a large-scale scam

A large-scale scam campaign targeting Facebook Messenger users all over the world has been detected by Group-IB. Digital Risk Protection (DRP) analysts have found evidence …

fraud detection
The impact of the pandemic on AML compliance and fraud strategies

New research from FICO highlights the key challenges North American fraud and financial crime teams faced amidst the COVID-19 pandemic. 68 percent of senior executives said …

crypto currency
With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021

The findings of a Bolster report, along with real life examples, clearly correlate the rise in crypto scams to the value and popularity of cryptocurrencies as well as the …

Fraud losses
Total combined fraud losses climbed to $56 billion in 2020

While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion of that cost. Traditional identity fraud losses totaled $13 …

email
Phishers’ perfect targets: Employees getting back to the office

Phishers have been exploiting people’s fear and curiosity regarding breakthroughs and general news related to the COVID-19 pandemic from the very start, and will …

email
New phishing campaign targets taxpayer credentials

A new phishing campaign is targeting U.S. taxpayers with documents that purport to contain tax-related content, but ultimately deliver NetWire and Remcos malware – two …

identity theft
Alarming number of consumers impacted by identity theft, application fraud and account takeover

A new report, developed by Aite Group, and underwritten by GIACT, uncovers the striking pervasiveness of identity theft perpetrated against U.S. consumers and tracks shifts in …

person
Digital-first lifestyle opens consumers to potential risks during tax season

Consumers have faced a lot of change over the past year with the shift to a digital-first lifestyle, and tax season with increasing risks is no exception. McAfee’s 2021 …

Amazon Alexa
Alexa Skills: Security gaps and data protection problems

With the voice commands “Alexa Skills,” users can load numerous extra functions onto their Amazon voice assistant. Amazon screens special voice assistant functions for …

talk
Nearly 40% of consumers lost money to phone scams in 2020

Businesses and consumers are relying on the voice call more than ever during the pandemic with voice traffic up 184% in 2020 compared to 2019, according to a Hiya report. …

fake news
Researchers develop approach that can recognize fake news

Social media is increasingly used to spread fake news. The same problem can be found on the capital market – criminals spread fake news about companies in order to …

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