Security News

Cost of telecommunications fraud estimated at €29 billion a year
2019-03-22 06:00

As our society evolves, so does our reliance on telecommunications technology. Cybercriminals prey on our daily use of electronic devices and continuously seek out new ways to exploit...

Companies unprepared for PSD2, stricter EU requirements will drive fraud to other regions
2019-03-14 06:15

A new iovation report includes original research and analyzes the consequences for the global online payments market around the revised Payment Services Directive (PSD2). By September 2019 payment...

DataVisor integration with Azure AI enables real-time fraud detection
2019-03-14 01:00

DataVisor, a leading fraud detection company, announced that it has integrated its artificial intelligence platform with Microsoft Azure AI, enabling users to have reliable, real-time fraud...

Using Machine Learning for Fraud Prevention
2019-03-13 16:18

Machine learning can play an important role in fraud prevention at financial institutions, says Marc Trepanier of ACI Worldwide, who addresses the challenges involved.

IT guy at US govt fraud watchdog stole 16 computers from... US govt fraud watchdog
2019-03-08 01:28

How agents tracked down half-inched Surface Pro slabtops to eBay store An IT contractor for a US government fraud and abuse watchdog pleaded guilty on Thursday to stealing 16 US government computers.…

Surprise, surprise, yet another cryptocurrency creator collared, hit with $6 million fraud rap
2019-02-28 20:27

All that glitters ain't gold, as they say The founder of now-dead cryptocurrency My Big Coin has been arrested and charged with seven counts of fraud and unlawful money transfers for what is...

OneSpan launches AI-based risk analytics to stop fraud
2019-02-14 03:00

OneSpan, a global leader in software for trusted identities, e-signatures and secure transactions, announced the launch of its open API, cloud-based Risk Analytics solution to help financial...

Japan's Credit Card Fraud Debacle
2019-02-13 10:18

Fraudsters Received 20 Percent Cashback for Fraudulent PurchasesA convergence of events in December in Japan led to an unprecedented spike in card-not-present fraud. New statistics from a dark web...

Healthcare email fraud: Attack attempts jump 473% over two years
2019-02-13 06:30

Proofpoint found that healthcare organisations were targeted in 96 email fraud attacks on average in Q4 2018 – a 473 percent jump from Q1 2017. More than half of these organisations (53 percent)...