Security News

U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud
2025-05-30 07:51

The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) has levied sanctions against a Philippines-based company named Funnull Technology Inc. and its administrator Liu Lizhi for...

How CISOs can regain ground in the AI fraud war
2025-05-29 05:30

Fraudsters are winning the AI arms race, first-party fraud is rising, and siloed systems are holding back defenses, according to DataVisor. Their 2025 Fraud & AML Executive Report, based on...

Apple blocked over $9 billion in App Store fraud in five years
2025-05-28 10:18

Apple says it blocked over $9 billion in fraudulent App Store transactions over the last five years, with over $2 billion in potentially fraudulent sanctions prevented in 2024 alone. [...]

Apple Blocks $9 Billion in Fraud Over 5 Years Amid Rising App Store Threats
2025-05-28 06:11

Apple on Tuesday revealed that it prevented over $9 billion in fraudulent transactions in the last five years, including more than $2 billion in 2024 alone. The company said the App Store is...

Digital welfare fraud: ALTSRUS syndicate exploits the financially vulnerable
2025-05-07 06:35

A new report from bot defense firm Kasada has exposed the growing threat of ALTSRUS, a fraud syndicate targeting some of the most vulnerable corners of the digital economy. Researchers revealed...

Fake Student Fraud in Community Colleges
2025-05-06 11:03

Reporting on the rise of fake students enrolling in community college courses: The bots’ goal is to bilk state and federal financial aid money by enrolling in classes, and remaining enrolled in...

Generative AI makes fraud fluent – from phishing lures to fake lovers
2025-05-02 15:06

Real-time video deepfakes? Not convincing yet RSAC Spam messages predate the web itself, and generative AI has given it a fluency upgrade, churning out slick, localized scams and letting crooks...

Online fraud peaks as breaches rise
2025-05-01 04:30

Data breaches played a key role in significant financial losses faced by consumers due to fraud. In this Help Net Security video, Steve Yin, Global Head of Fraud at TransUnion, and Brad...

SuperCard X Android Malware Enables Contactless ATM and PoS Fraud via NFC Relay Attacks
2025-04-21 15:13

A new Android malware-as-a-service (MaaS) platform named SuperCard X can facilitate near-field communication (NFC) relay attacks, enabling cybercriminals to conduct fraudulent cashouts. The active...

WordPress ad-fraud plugins generated 1.4 billion ad requests per day
2025-04-21 13:00

A large-scale ad fraud operation called 'Scallywag' is monetizing pirating and URL shortening sites through specially crafted WordPress plugins that generate billions of daily fraudulent requests. [...]