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

Visa: AI Helps Combat the ‘Democratization’ of Cybercrime and Ransomware
Visa: AI Helps Combat the ‘Democratization’ of Cybercrime and Ransomware
September 05, 2023  |  Fraud Prevention

Michael Jabbara, vice president and global head of fraud services at Visa, told PYMNTS the fraud game is changing. Up until recently, he said, “you...

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Largest U.S.-Led Operation Takes Down Qakbot Botnet and Malware
Largest U.S.-Led Operation Takes Down Qakbot Botnet and Malware
August 29, 2023  |  Cybersecurity

An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States,...

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The Race to Develop Voice AI Faster Than Scammers Can Clone It  
The Race to Develop Voice AI Faster Than Scammers Can Clone It  
July 19, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) plays three notes: text, voice and video.  And with all the hype around text-based generative AI capabilities, it’s easy to forget...

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Plaid Launches Anti-Fraud Network
Plaid Launches Anti-Fraud Network
June 22, 2023  |  Identity theft

Plaid has launched a collaborative network designed to stop “the chain reaction of identity fraud.” The new Plaid Beacon network is open to FinTechs, financial institutions of all...

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It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
June 08, 2023  |  Cybersecurity

The digital age has brought with it a new, sophisticated twist to traditional fraud threats. But while the threat of cybercrime is constantly evolving, as...

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Combating the Rising Tide of CNP Fraud
Combating the Rising Tide of CNP Fraud
May 31, 2023  |  Fraud Prevention

Six in 10 banks plan to increase their IT spending on fraud management in 2023, including cutting-edge solutions to help with push payments fraud. But...

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Data Orchestration Can Beat Fraudsters at Their GPT Identity-Theft Games
Data Orchestration Can Beat Fraudsters at Their GPT Identity-Theft Games
May 31, 2023  |  Cybersecurity

Financial fraud is growing faster and more sophisticated, making smart defense crucial for today’s organizations. Still, as the world grows ever more digital, so too...

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Banks Aim AI at Fraud Management but Need Help
Banks Aim AI at Fraud Management but Need Help
May 30, 2023  |  Fraud Prevention

A substantial number of Americans can expect to experience digital fraud at least once in their lifetime. A recent study found that bad actors have...

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Generative AI Gives Scammers More Tools and Greater Reach
Generative AI Gives Scammers More Tools and Greater Reach
May 05, 2023  |  Cybersecurity

In today’s digitized environment, it is becoming more complex to combat all the potential exposure points where businesses could lose money. “Fraudsters, as a general...

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