Security News

TSYS Authentication Platform helps companies fight synthetic and account takeover fraud
2019-09-16 02:30

TSYS announced a new authentication product that provides unprecedented real-time verification of customer identities. The new offering, the TSYS Authentication Platform, relies on customer...

Ukrainian Man Pleads Guilty to Hacking, Wire Fraud Charges
2019-09-13 11:02

A member of a sophisticated international hacking group that authorities say targeted businesses in 47 states to steal credit and debit card records pleaded guilty to hacking and wire fraud...

Fabricated Voice Used in Financial Fraud
2019-09-12 11:04

This seems to be an identity theft first: Criminals used artificial intelligence-based software to impersonate a chief executive's voice and demand a fraudulent transfer of €220,000 ($243,000) in...

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...