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Asic’s anti-scam drive: over 2,500 investment fraud, phishing websites face action
The Australian Securities & Investments Commission (ASIC) has disrupted the operations of more than 2,500 investment scam and phishing websites since ...
November 2, 2023, 8:10 am
Fca issues warning against saxo bank impersonators
The UK Financial Conduct Authority (FCA) has raised a red flag against fraudulent entities mimicking multi-asset investment firm Saxo Bank. These impo...
November 1, 2023, 1:44 pm
Ai chatbots chatgpt and bard are enabling fraudsters, says which?
Chatbots such as ChatGPT, which was developed by an enterprise (OpenAI) backed by Microsoft Corporation (NASDAQ:MSFT), and Google's version Bard ar...
October 27, 2023, 10:45 am
Cysec imposters in new zealand? fma issues warning
New Zealand’s Financial Market Authority (FMA) is concerned with the rampant impersonation of its Cypriot counterpart and has issued a public warnin...
October 18, 2023, 10:38 am
Cysec finds instagram impersonator: issues public warning
Cyprus' financial market regulator has again warned against fraudsters impersonating its employees. Thi...
October 10, 2023, 11:34 am
Are data leaks the new norm or is there anything you can do to reduce your risk?
Data breaches and leaks are growing more prevalent, raising questions about whether they may become the new normal in the world of cybersecurity. Beca...
October 4, 2023, 10:48 am
Onecoin money laundering lawyer denied new trial
Mark Scott, the lawyer convicted of laundering $400 million from the infamous OneCoin fraud, has been denied a motion for a new trial despite revelati...
September 19, 2023, 11:07 am
From clorox to casinos to banks, hacks highlight advantage of ai in anti-fraud toolkits
Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of...
September 18, 2023, 3:41 pm
Bitcoin fraudster gets $2m fine, 10-year ban from cftc
Today’s issued order reveals Orvidas’ involvement in fraudulent activities related to leveraged Bitcoin tradin within a commodity pool. Or … Rea...
September 9, 2023, 3:29 am
Fintech and ai in fraud detection
The fight against fraud is never-ending in the evolving financial sector. The strategies used by frauds...
September 7, 2023, 11:30 am
Fscs warns against fraudsters targeting lcf victims
The UK’s Financial Services Compensation Scheme (FSCS) issued a warning yesterday (Tuesday) against the rampant scammers targeting the victims of th...
August 30, 2023, 9:11 am
Cybersecurity trends and challenges in the fintech industry
The necessity of cybersecurity has never been stronger as the fintech industry continues to innovate and disrupt traditional financial services. Finte...
July 19, 2023, 1:51 pm
Mastercard (ma) & dts unite to minimize digital frauds in japan
Mastercard (MA) collaborates with DTS to provide cybersecurity solutions, thereby enhancing fraud detection in Japan....
July 17, 2023, 2:18 pm
fraudsters may have stolen $200 billion in federal covid relief funds, new report says
The new estimate from the Small Business Administration’s watchdog would be nearly one-fifth of all the money disbursed in two federal aid programs ...
June 28, 2023, 4:59 am
fraudsters may have stolen $200 billion in pandemic business loans: inspector general
The Small Business Administration paid out $1.2 trillion in pandemic loans and more than $200 billion of that may have gone to ...
June 28, 2023, 2:59 am
The importance of staying vigilant against crypto scams
Cryptocurrency frauds and security breaches are becoming more likely as cryptocurrencies continue to ac...
June 13, 2023, 2:08 pm
After cysec, belgium’s fsma is now tackling impersonators
Impersonation of legitimate authorities has become rampant as Belgium’s Financial Services and Markets Authority (FSMA) is the latest to warn agains...
May 30, 2023, 8:39 am
Mastercard (ma) and healthlock unite to reduce medical fraud
Mastercard (MA) partners with HealthLock to combat medical bill frauds and overcharges, costing America...
May 23, 2023, 12:24 pm
Cysec warns against impersonators of representatives
The regulator further outlined that such in scams usually fraudsters claim to be officers or representa...
May 19, 2023, 11:34 am
Uk flags plus500 clone, italy blocks ‘xtb empire,’ 3 others
The UK Financial Conduct Authority (FCA) has flagged down ‘FX Plus500,’ a clone of UK-based FX/CFDs broker Plus500, warning that “the firm is no...
May 12, 2023, 1:43 pm