cybercriminals

Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023  |  Security & Fraud

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing...

READ MORE >
FTC Probes $200M Bitmark Crypto Hack
FTC Probes $200M Bitmark Crypto Hack
August 11, 2022  |  Regulation

In what is its first investigation into cryptocurrency markets, the Federal Trade Commission (FTC) is looking into the Bitmark currency exchange over the December 2021...

READ MORE >
Shutting The Front Door On Online Fraudsters
Shutting The Front Door On Online Fraudsters
April 09, 2020  |  Fraud Prevention

Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data...

READ MORE >
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019  |  Security & Fraud

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). The...

READ MORE >
How TripAdvisor Sends Review Fraudsters Packing
How TripAdvisor Sends Review Fraudsters Packing
December 20, 2019  |  Fraud Prevention

Fraudsters are as busy during the holidays as consumers and merchants. There are plenty of opportunities for cybercriminals to wreak havoc, especially as online and...

READ MORE >
Visa Warns Of Rise In Gas Station POS Cyberattacks
Visa Warns Of Rise In Gas Station POS Cyberattacks
December 15, 2019  |  Security & Fraud

Visa has announced in a release that cybercriminals are employing new tactics to steal credit card information from around the U.S. While most are familiar...

READ MORE >
‘Grinch Bots’ Ramp Up Cybercrime During Holidays
‘Grinch Bots’ Ramp Up Cybercrime During Holidays
December 02, 2019  |  Security & Fraud

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported...

READ MORE >
Deep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
Deep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
November 21, 2019  |  Digital Banking

Bank and credit card fraud losses are likely to reach $44 billion by 2025, and new fraud types — like attacks from false mobile banking...

READ MORE >
Scotiabank: Slow But Steady Wins the AI Fraud Race
Scotiabank: Slow But Steady Wins the AI Fraud Race
November 19, 2019  |  Digital Banking

The fact that fraud is on the rise is not new, nor is it surprising that banks are turning to artificial intelligence (AI) and machine...

READ MORE >