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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

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 fraudster...

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

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

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

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

We will outlaw so-called ‘sim farms’: uk prime minister

The Prime Minister of the United Kingdom, Rishi Sunak, lashed out at the rampant financial scams and is launching a new plan on Wednesday to tackle fr...

May 3, 2023, 7:51 am

Bitcoin pyramid scheme fraudster ordered to pay $3.4 billion

The Commodities Futures Trading Commission patted itself on the back for winning one of the largest civil cases against a crypto crook, even if most�...

April 28, 2023, 3:29 pm

Pensioners who lost £80k in bitcoin scam told to use foodbank by revolut

EXCLUSIVE: Retirees Barbara and Ewan Atkins*, 78, paid nearly £80,000 to a fraudster who told them the...

April 23, 2023, 9:29 am

Mica in the eu: a genuinely groundbreaking moment for crypto

Crypto has endured constant sniping and attacks through the years, denigrated, at times, as nothing more than a scam, a Ponzi scheme, or a shady condu...

April 21, 2023, 5:30 am

Identity verification: balancing security and user experience

In the digital age, identity verification is becoming increasingly vital. As more transactions take place online, businesses must ensure that they are...

April 18, 2023, 7:46 pm


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