Cybercrime

Cybercrime, or computer-oriented crime, is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target.

(source: en.wikipedia.org)

Homeland Security Embarks On Cyber Sprint To Stop Ransomware
Homeland Security Embarks On Cyber Sprint To Stop Ransomware
April 01, 2021  |  Security & Fraud

These days, data is big business. It makes sense then, that ransomware attacks in which data is stolen or encrypted is a big modern category...

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New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
March 19, 2021  |  Security & Fraud

Everyone has heard of the CIA, and even the U.K.’s MI6. But what about IC3? Or the RAT team? No, they’re not organizations that will...

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AI: The Glue That Binds FIs’ Fraud Prevention Systems
AI: The Glue That Binds FIs’ Fraud Prevention Systems
February 19, 2021  |  Fraud Prevention

Digital fraud has been on the upswing as the global health crisis continues, with losses due to pandemic-related scams like fraudulent Paycheck Protection Program (PPP)...

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Deep Dive: Why Merchants Must Rethink Their Promotion Abuse Protections During The Pandemic
Deep Dive: Why Merchants Must Rethink Their Promotion Abuse Protections During The Pandemic
December 21, 2020  |  Fraud Prevention

Fraud instances have risen dramatically since the pandemic began, placing financial strains on consumers and merchants alike. One recent report that surveyed consumers from the...

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Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
November 17, 2020  |  Fraud Prevention

The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. Fraudsters utilizing these schemes rely on tactics...

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Almost $1B in Bitcoin Transferred From eWallet Linked To Dark Web’s Silk Road
Almost $1B in Bitcoin Transferred From eWallet Linked To Dark Web’s Silk Road
November 04, 2020  |  Security & Fraud

A huge bitcoin amount — nearly $1 billion — has been moved out of a bitcoin address that may have ties to the Silk Road...

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Singapore Government Agencies, Universities Lose $749K In Scams
Singapore Government Agencies, Universities Lose $749K In Scams
October 02, 2020  |  Security & Fraud

Cyberthieves posing as Singapore government agencies and universities stole $749,000 worth of goods after tricking companies into delivering them. The Straits Times, a Singapore newspaper,...

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FI Fraud Decisioning Outthinking Cyberthieves
FI Fraud Decisioning Outthinking Cyberthieves
July 30, 2020  |  Fraud Prevention

With so much highbrow industry chatter about topics like payments fraud detection, it’s good to remember that this is actual crime-fighting. On the FBI’s Cyber...

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Deep Dive: How FIs Are Looking Beyond Traditional Know Your Customer Data To Spot Synthetic ID Fraud
Deep Dive: How FIs Are Looking Beyond Traditional Know Your Customer Data To Spot Synthetic...
July 28, 2020  |  Fraud Prevention

Fraudsters and financial institutions (FIs) are constantly evolving to best each other, and growth in synthetic ID fraud is revealing that many banks must enhance...

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