Watch more: Visa Wants Fraudsters to Pick Another Business As payments move deeper into the artificial intelligence economy, fraud is evolving alongside it, adopting the same technologies that power faster, more seamless commerce. James Mirfin, SVP, Head of Risk and Security Intelligence Solutions at Visa, said...
The FBI’s Internet Crime Complaint Center (IC3) received 22,364 internet crime complaints that contained references to artificial intelligence (AI) in 2025. These AI-related complaints reported losses of $893 million, the agency said. The FBI included this data in its 2025 Internet Crime Report, marking the...
Cloudflare has moved up its target date for full post-quantum security and now plans to achieve it by 2029, the company said in a Tuesday (April 7) blog post. The move follows the announcement by Google that it drastically improved upon the quantum algorithm to...
The Federal Communications Commission (FCC) has found an Orlando-based voice service provider, Voxbeam Telecommunications, “apparently liable” for accepting suspicious call traffic, enabling bank impersonation robocalls to be transmitted to U.S. consumers. The FCC’s investigation of Voxbeam was prompted by a complaint filed by a financial...
Bad actors love a good opportunity. And the enterprise cybersecurity landscape has given them several in just the past few days. A cluster of seemingly unrelated incidents ranging from exposed enterprise AI tools to a breached coffee machine has revealed the daunting reality that modern...
The March Nacha deadline that has just passed, and the June deadline that follows, are spurring banks to replace static fraud controls with continuous monitoring tied to how ACH transactions actually move through the system. Periodic review is becoming an always-on function that requires upgrades...
Stablecoin issuer Circle is under fire from critics who say the company could have moved faster to freeze funds that were stolen from crypto protocol Drift, CoinDesk reported Friday (April 3). During the Drift hack, the attacker used Circle’s cross-chain transfer protocol to move about $232 million in USDC from...
The Federal Bureau of Investigation (FBI) has classified a breach of its networks as a “major incident,” Bloomberg reported Thursday (April 2). This designation applies to breaches that are likely to cause demonstrable harm to U.S. interests or expose significant amounts of personally identifiable information,...
Payday loan provider Check City has notified 322,687 people about a March 2025 data breach, Comparitech reported Thursday (April 2). The data breach compromised names, Social Security numbers, government-issued ID numbers, financial account numbers, credit and debit card numbers, dates of birth and addresses, according...