Security News

Massive email fraud bust snares 281 suspects
2019-09-12 10:49

Operation reWired=tired cops worldwide! 167 suspects were cuffed in Nigeria and 74 in the US, among 8 other countries.

Mystery database left open turns out to be massive Groupon fraud ticket fraud ring
2019-09-12 09:10

Yes, turns out people still use this voucher biz – who knew? We have a new twist on the "researchers find unprotected public-facing cloud-hosted database" story, as one recently uncovered archive...

Banks and credit unions trust Verint to reduce fraud and enhance security operations
2019-09-12 00:00

Verint Systems, The Customer Engagement Company, announced innovative ways financial services organizations are expanding the adoption of advanced fraud reduction, video and analytics platforms....

Major Groupon, Ticketmaster Fraud Scheme Exposed By Insecure Database
2019-09-11 18:01

An exposed database containing 17 million email addresses exposed a massive fraud scheme impacting vendors like Groupon and Ticketmaster.

Loss to BEC Fraud Now Claimed to be $26 Billion
2019-09-11 16:20

The FBI has published upgraded figures from the Internet Crime Complaint Center (IC3) describing business email compromise (BEC) as a $26 billion scam. The figure is aggregated from 166,349...

Feds Indict 281 People for Involvement in Massive E-Mail Fraud Scheme
2019-09-11 11:31

A coordinated effort between multiple agencies arrested suspects in Nigeria, the U.S. and eight other countries as well as seized nearly $3.7 million.

Required: Massive email fraud bust. Tired: Cops who did the paperwork. Expired: 281 suspected con men's freedom
2019-09-10 23:57

Alleged whaling crooks cuffed in global crime crackdown US prosecutors say 281 suspected criminal hackers around the world have been arrested as part of a massive takedown operation against...

ThreatList: Amidst Data Breaches, Account Creation Fraud Soars in 2019
2019-09-10 18:50

Cybercrooks are using bots to create synthetic digital identities, to carry out various types of fraud.

Digital Matrix Systems and Payfone alliance helps leading companies prevent fraud
2019-09-04 23:30

Digital Matrix Systems, a leading risk management solution provider, announced that it has entered a strategic alliance with Payfone, an award-winning digital identity authentication leader. The...

Twitter CEO Hack Highlights Dangers of 'SIM Swap' Fraud
2019-09-04 12:36

Even with considerable security precautions in place, Twitter chief executive Jack Dorsey became the victim of an embarrassing compromise when attackers took control of his account on the platform...