Nike is investigating a potential data breach after ransomware group World Leaks claimed on its website that it had leaked 1.4 terabytes of data related to the company’s business operations, Reuters reported Monday (Jan. 26). “We always take consumer privacy and data security very seriously,” Nike said in...
Equifax has launched a product that uses artificial intelligence (AI) to detect and help prevent synthetic identity fraud. Synthetic identity fraud, in which fraudsters create a fictitious identity and use it to open credit accounts or obtain loans, is a fast-growing threat, the company said...
Hackers only need to get it right once to wreak havoc. This week, a congressional committee hearing, “Oversight of the Department of Homeland Security: CISA, TSA, S&T,” underscored that openings are multiplying as fraudsters increasingly go after the biggest targets possible. Lawmakers used the hearing...
If enterprise cybersecurity has a primary fault line, it is the supply chain. That hard truth was underscored by news this month of an alleged cyberattack targeting Luxshare, a Chinese assembly and manufacturing business used by some of the world’s biggest tech companies and embedded...
Last year, Seattle-based eCommerce company Coupang suffered a data breach affecting millions of customers. Now, a pair of Coupang investors has called on the United States government to investigate South Korea’s handling of the incident, Reuters reported Thursday (Jan. 22). In addition to the investigation,...
Fraud is no longer just a cost line item for banks and payment firms. It is increasingly a force that shapes how institutions invest, modernize and compete. That is the central takeaway from the “2025 State of Fraud and Financial Crime in the United States” report from...
Shipping tech company Bluspark Global reportedly resolved security issues in its shipping and supply chain platform Bluvoyix. The company did so after being notified of the vulnerabilities by security researcher Eaton Zveare, who found flaws that enabled access to shipping records and other customer data,...
Crypto scams and fraud took in at least $14 billion on-chain in 2025, up from a revised total of $12 billion the previous year, Chainalysis said Tuesday (Jan. 13). The 2024 figure was revised up from the $9.9 billion Chainalysis initially reported, and the 2025 figure...
Financial markets infrastructure provider LSEG has announced a new tool, called Trade Surveillance, designed to help spot and investigate market abuse and financial crime. “As market behaviors and regulatory requirements evolve and place demand on financial institutions to identify market abuse and financial crime in increasingly sophisticated ways, traditional...