Security News

The attack with many names: SMS Toll Fraud
2024-09-03 03:30

Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, discusses how to spot and...

Admins of MFA bypass service plead guilty to fraud
2024-09-02 17:46

Three men have pleaded guilty to running OTP.Agency, an online platform that provided social engineering help to obtain one-time passcodes from customers of various banks and services in the U.K. [...]

Admins of MFA bypass service plead guilty to fraud
2024-09-02 17:46

Three men have pleaded guilty to running OTP.Agency, an online platform that provided social engineering help to obtain one-time passcodes from customers of various banks and services in the U.K. [...]

Old methods, new technologies drive fraud losses
2024-08-28 03:00

GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers...

Fraud tactics and the growing prevalence of AI scams
2024-08-23 04:00

In the first six months of 2024, Hiya flagged nearly 20 billion calls as suspected spam – more than 107 million spam calls everyday. The data showed spam flag rates of more than 20% of unknown...

Fraud ring pushes 600+ fake web shops via Facebook ads
2024-07-31 14:14

A malicious fraud campaign dubbed "ERIAKOS" promotes more than 600 fake web shops through Facebook advertisements to steal visitors' personal and financial information. [...]

Fighting AI-powered synthetic ID fraud with AI
2024-07-18 04:30

Aided by the emergence of generative artificial intelligence models, synthetic identity fraud has skyrocketed, and now accounts for a staggering 85% of all identity fraud cases. Anomaly detection algorithms analyze transaction data to flag irregularities indicative of synthetic identity fraud, continuously learning from new data and evolving fraud tactics to enhance effectiveness over time.

'Konfety' Ad Fraud Uses 250+ Google Play Decoy Apps to Hide Malicious Twins
2024-07-16 13:00

Details have emerged about a "Massive ad fraud operation" that leverages hundreds of apps on the Google Play Store to perform a host of nefarious activities. "Konfety represents a new form of fraud and obfuscation, in which threat actors operate 'evil twin' versions of 'decoy twin' apps available on major marketplaces," HUMAN's Satori Threat Intelligence Team said in a technical report shared with The Hacker News.

Ticket Heist fraud gang uses 700 domains to sell fake Olympics tickets
2024-07-10 10:33

A large-scale fraud campaign with over 700 domain names is likely targeting Russian-speaking users looking to purchase tickets for the Summer Olympics in Paris. Researchers analyzing the campaign are calling it Ticket Heist and found that some of the domains were created in 2022 and the threat actor kept registering an average of 20 new ones every month.

Web scraping is not just a security or fraud problem
2024-06-28 03:30

Bots compose 42% of overall web traffic, and 65% of these bots are malicious, according to Akamai. Web scraping is not just a fraud or security problem, it is also a business problem.