Security News
Mogo announced that as part of its mission to help Canadians improve their financial health, it is now providing free access to its digital ID fraud protection solution, MogoProtect, to help Canadians better understand and combat identity fraud. "Seventy-five percent of Canadians were affected by data breaches in one year alone and, as recent issues with the CRA highlight, Canadians are more vulnerable than ever," said David Feller, Mogo's Founder and CEO. "Protecting Canadians from identity fraud is an important component of helping them manage and take control of their financial health. All Canadians need a solution, and we're pleased to provide the first truly free solution of its kind. As we continue to move more of our life online, we are all at an increasing risk of identity fraud."
Anti-fraud platform provider SpyCloud on Tuesday announced that it raised $30 million in a Series C funding round. Founded in 2016 in Austin, Texas, SpyCloud offers a platform designed to fuel solutions that prevent account takeover and which enable fraud investigations.
McCoy's work in probing the credit card systems used by some of the world's biggest purveyors of junk email greatly enriched the data that informed my 2014 book Spam Nation, and I wanted to make sure he and his colleagues had a crack at the BriansClub data as well. In 2015, the major credit card associations instituted new rules that made it riskier and potentially more expensive for U.S. merchants to continue allowing customers to swipe the stripe instead of dip the chip.
Amazon Web Services on Tuesday announced the general availability of a fully managed service designed to help customers identify potentially fraudulent online activities. Leveraging machine learning, the Amazon Fraud Detector can spot payment and identity fraud almost instantly.
Using machine learning under the hood and based on over 20 years of fraud detection expertise from Amazon, Amazon Fraud Detector automatically identifies potentially fraudulent activity in milliseconds-with no machine learning expertise required. Amazon Fraud Detector provides a fully managed service that uses machine learning for detecting potential fraud in real time, based on the same technology used by Amazon.com-with no machine learning experience required.
Uncle Sam said Serageldin copied as many as 31,000 pages of classified documents and took them home using a portable Western Digital hard drive, hardware he denied owning. Interestingly, the case did not begin with a focus on Serageldin's retention of confidential information, but rather on time card fraud.
TransUnion surveyed consumers in six countries and found that phishing was the preferred method of attack 27% of the time. Credit agency TransUnion has found that COVID-19 related scams have targeted 32% of people around the world, and phishing is the method of choice, accounting for 27% of those attacks.
The United States Department of Justice has extradited two criminals from the Republic of Cyprus-one is a computer hacker suspected of cyber intrusions and extortion, and the other is a money launderer with known connections to the terrorist organization Hezbollah. Both suspects-Joshua Polloso Epifaniou, 21, a resident of Nicosia, and Ghassan Diab, 37, a citizen of Lebanon-were arrested earlier last year and extradited to the United States last weekend.
The United States Department of Justice has extradited two criminals from the Republic of Cyprus-one is a computer hacker suspected of cyber intrusions and extortion, and the other is a money launderer with known connections to the terrorist organization Hezbollah. Both suspects-Joshua Polloso Epifaniou, 21, a resident of Nicosia, and Ghassan Diab, 37, a citizen of Lebanon-were arrested earlier last year and extradited to the United States last weekend.
The U.S. Secret Service has created the Cyber Fraud Task Forces, aimed at preventing, detecting and mitigating complex cyber-enabled financial crime - including making arrests and convictions. The Electronic Crimes Task Forces and the Financial Crimes Task Forces, the division said in a recent media statement.