
Top threats to consumer cyber safety
Norton Labs revealed the top cybersecurity trends from January to March 2021. Phishing campaigns remained the number one threat to consumer cyber safety, with top scams …

Operation HAECHI-I intercepts $83M in online financial crimes
Amid an exponential increase in online fraud, an INTERPOL-coordinated operation codenamed HAECHI-I mobilized more than 40 specialized law enforcement officers across the Asia …

Scammers aren’t always who we expect them to be: How AI and biometrics can help
When it’s time to hire a new employee, organizations go to great lengths to avoid hiring someone who would commit fraud: background checks, credit checks, drug tests, etc. But …

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 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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …
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