Security News

Modern fraud detection need not rely on PII
2024-06-14 04:30

Trends in online fraud detection often act as the canary in the coal mine when it comes to understanding and combating the next generation of online scams, fraud and cybersecurity threats. As deepfakes and other AI-powered scams trick users into sharing their private information, a privacy-centric approach to fraud prevention - one that doesn't rely on sensitive user data to authenticate a user or transactions - makes good business and technological sense.

FBI warns of fake remote work ads used for cryptocurrency fraud
2024-06-04 20:33

Today, the FBI issued a warning about scammers using fake remote job ads to steal cryptocurrency from job seekers across the United States while posing as recruiters for legitimate companies. The FBI says that red flags that should warn those targeted by these scams they're dealing with fraudsters coming for their money include being asked to make cryptocurrency payments to the employer as part of a work task, job descriptions involving simple tasks, and not being asked to provide references from previous jobs during the hiring process.

US Treasury says NFTs 'highly susceptible' to fraud, but ignored by high-tier criminals
2024-05-30 21:47

Your profile can be used to present content that appears more relevant based on your possible interests, such as by adapting the order in which content is shown to you, so that it is even easier for you to find content that matches your interests. Content presented to you on this service can be based on your content personalisation profiles, which can reflect your activity on this or other services, possible interests and personal aspects.

Moroccan Cybercrime Group Steals Up to $100K Daily Through Gift Card Fraud
2024-05-27 12:12

Microsoft is calling attention to a Morocco-based cybercrime group dubbed Storm-0539 that's behind gift card fraud and theft through highly sophisticated email and SMS phishing attacks. "Their...

Fighting identity fraud? Here’s why we need better tech
2024-05-21 03:00

Please turn on your JavaScript for this page to function normally. In this Help Net Security video, Patrick Harding, Chief Architect at Ping Identity, discusses the state of identity fraud prevention.

Android 15, Google Play Protect get new anti-malware and anti-fraud features
2024-05-15 19:53

Today, Google announced new security features coming to Android 15 and Google Play Protect that will help block scams, fraud, and malware apps on users' devices. "Today, we're announcing more new fraud and scam protection features coming in Android 15 and Google Play services updates later this year to help better protect users around the world," reads a Google blog post from Dave Kleidermacher, VP Engineering, Android Security and Privacy.

Android 15, Google Play get new anti-malware and anti-fraud features
2024-05-15 19:53

Today, Google announced new security features coming to Android 15 and Google Play that will help block scams, fraud, and malware apps on users' devices. "Today, we're announcing more new fraud and scam protection features coming in Android 15 and Google Play services updates later this year to help better protect users around the world," reads a Google blog post from Dave Kleidermacher, VP Engineering, Android Security and Privacy.

Selfie spoofing becomes popular identity document fraud technique
2024-05-10 03:30

Document image-of-image was the most prevalent identity document fraud technique in 2023, occurring in 63% of all IDs that were rejected, according to Socure. Document image-of-image occurs when the user takes a photograph or uses a screenshot image of an ID, rather than providing a live capture of the document.

FBI warns of gift card fraud ring targeting retail companies
2024-05-08 17:25

The FBI warned retail companies in the United States that a financially motivated hacking group has been targeting employees in their gift card departments in phishing attacks since at least January 2024. Should the hackers succeed in breaching the victim's corporate gift card department, they use compromised employee accounts to generate fraudulent gift cards.

Massive webshop fraud ring steals credit cards from 850,000 people
2024-05-08 14:53

A massive network of 75,000 fake online shops called 'BogusBazaar' tricked over 850,000 people in the US and Europe into making purchases, allowing the criminals to steal credit card information and attempt to process an estimated $50 million in fake orders. The cybercriminals host fake shops on previously expired domains with a good reputation with Google and typically pretend to sell shoes and clothing products at very low prices.