Users of Apple’s Mac products are reportedly facing a new malware threat. This attack, known as Infinit Stealer, uses social engineering tactics and is difficult to detect once its payload is delivered, Mashable reported Monday (March 30). The report, citing information from cybersecurity company Malwarebytes,...
Investing and savings app Betterment said Monday (Jan. 12) that a social engineering attack led to its customers receiving an unauthorized message promoting a crypto-related promotion and to an unauthorized individual gaining access to customer information. Betterment had told its customers Friday (Jan. 9), in the...
An investment scam allegedly took $14 million from retail investors by connecting with them on social media and convincing them to fund accounts on fake crypto asset trading platforms. The Securities and Exchange Commission (SEC) outlined the scam in a Monday (Dec. 22) press release...
Watch more: Need to Know: Block’s Brian Boates Scams are rising and shaping consumer loyalty in real time. When money is lost, speed and convenience no longer define the financial relationship. Accountability does. In a conversation between Block Chief Risk Officer Brian Boates and PYMNTS...
June 24, 2024
As travelers pack their bags for long-awaited summer trips, a new breed of scammer is tagging along — powered by artificial intelligence (AI). From fake rental listings to phantom flight deals, AI-assisted travel fraud is surging, leaving vacationers out of pocket and out of luck. Industry watchdogs and cybersecurity experts warn that traditional safeguards are […]
December 18, 2023
Financial fraud remains a persistent challenge across industries, and its threat is further sharpened by technological complexity and the growing sophistication of bad actors. “Fraud is growing and the recipes...
November 06, 2023
The holidays are upon us, and gift cards remain a favorite to give and receive. And the fraudsters lie in wait — armed with advanced technologies and sophisticated schemes. Doriel...
September 28, 2022
No matter where you look, fraud attacks on banks and merchants are on the rise. The fraudsters are getting more creative in their schemes, leveraging the great digital shift to...
May 19, 2026
Artificial intelligence is changing the economics of cybercrime, giving scammers and fraudsters a faster way to scale attacks that companies already struggle to stop. That is one of the central findings in Verizon’s 2026 Data Breach Investigations Report, which analyzed more than 31,000 real-world security incidents, including more than 22,000 confirmed data breaches across 145 […]
March 31, 2026
Users of Apple’s Mac products are reportedly facing a new malware threat. This attack, known as Infinit Stealer, uses social engineering tactics and is difficult to detect once its payload...
January 12, 2026
Investing and savings app Betterment said Monday (Jan. 12) that a social engineering attack led to its customers receiving an unauthorized message promoting a crypto-related promotion and to an unauthorized individual...
December 23, 2025
An investment scam allegedly took $14 million from retail investors by connecting with them on social media and convincing them to fund accounts on fake crypto asset trading platforms. The...