Security News

New account fraud has more than doubled since 2014
2019-12-16 05:00

New account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels, Jumio reveals. Surprisingly, attempted new account fraud...

Alleged Nigerian social engineer wins free flight to the US for business email fraud and love scams
2019-12-11 00:24

Feds get extradition for 64 year-old fraud suspect who allegedly netted hundreds of thousands of dollars A 64 year-old man from Nigeria is set to be tried in the US on charges he was the brains...

$200,000 Internet Fraud: Will Anyone Investigate?
2019-12-09 14:48

As Internet Crime Grows, Victims Have Few OptionsInternet crime has grown so rapidly that law enforcement is outpaced. Here's the story of how a Manhattan doctor lost $200,000 in an internet scam,...

Key security priorities for financial services: Preventing fraud and data leaks
2019-12-09 05:30

The banking and financial services sector is struggling with a skills shortage along with the sheer volume of threats and alerts as it continues its ongoing battle against cybercrime, according to...

Facebook Sues Chinese Company Over Ad Fraud
2019-12-06 15:54

Facebook on Thursday filed suit in California against one organization and two individuals for engaging in ad fraud on the social media platform. read more

Facebook Alleges Company Infiltrated Thousands for Ad Fraud
2019-12-06 15:01

Facebook has paid over $4 million to victims to reimburse them for the unauthorized ads purchased using their ad accounts.

Facebook Sued Hong Kong Firm for Hacking Users and Ad Fraud Scheme
2019-12-06 01:14

Following its efforts to take legal action against those misusing its social media platform, Facebook has now filed a new lawsuit against a Hong Kong-based advertising company and two Chinese...

Facebook Sued Chinese Firm for Hacking its Users and Running Fraud Ads
2019-12-06 00:47

Following its efforts to take legal action against those misusing its social media platform, Facebook has now filed a new lawsuit against a Hong Kong-based advertising company and two Chinese...

Ad fraud: Fake local news sites are rolling in the dough
2019-12-03 11:11

"forbesbusinessinsider.com?" Names like that sound close enough to real news domains to pass, but bots are the only ones visiting.

How can financial institutions prevent shopping season fraud?
2019-11-28 06:00

Black Friday and Cyber Monday are two of the years’ busiest shopping days. For consumers and retailers alike, it marks the beginning of the winter holiday shopping season, as well as a time when...