Tag: fraud
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Deepfake-as-a-Service industrialisiert den Online-Betrug
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in SecurityNewsDie Cyberkriminellen von heute müssen keine Programmierer mehr sein sie werden zu Abonnenten. Ein aktueller Threat-Intelligence-Bericht zeichnet ein beunruhigendes Bild der digitalen Bedrohungslandschaft 2025. “Deepfake-as-a-Service” (DFaaS) wird zu einem boomenden Geschäftsmodell. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/deepfake-as-a-service-online-betrug
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CaaStle CEO Commits a Major Fraud Faux Pas
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in SecurityNewsCEO Accused of Providing Misleading Revenue, Liquidity Numbers to Key Stakeholders. Financial statement fraud is once again making headlines. Fashion startup CaaStle has accused its co-founder and CEO, Christine Hunsicker, of serious financial misconduct, leading to her resignation. The incident could be one of the biggest cases of start-up fraud in recent years. First seen…
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Banks to share fraud data with tech firms in cross-sector collaboration
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in SecurityNewsUK banks join tech firms in fraud data-sharing initiative to enable collaboration on action to stop online scams First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366622133/Banks-to-share-fraud-data-with-tech-firms-in-cross-sector-collaboration
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Malicious PyPI Package Targets E-commerce Sites with Automated Carding Script
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in SecurityNewsCybersecurity researchers from Socket have exposed a malicious Python package on PyPI, named disgrasya, designed to automate credit card fraud on WooCommerce-based e-commerce sites. Unlike conventional supply chain attacks that rely on deception or typosquatting, disgrasya was overtly malicious, leveraging PyPI as a distribution platform to reach a broad audience of fraudsters. The package specifically…
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Smishing Triad is Now Targeting Toll Payment Services in a Massive Fraud Campaign Expansion
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in SecurityNewsFirst seen on resecurity.com Jump to article: www.resecurity.com/blog/article/smishing-triad-is-now-targeting-toll-payment-services-in-a-massive-fraud-campaign-expansion
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What’s Ailing Faster Payments Adoption in the US?
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in SecurityNewsIncentives, Technology Barriers and Fraud Fears Hamper FedNow Growth. Economic hesitation, legacy concerns and escalating fraud fears have hampered the adoption of a payment rail touted as the next big thing in the U.S. payment landscape, with government backing and technological promise of clear benefits to consumers and the financial sector. First seen on govinfosecurity.com…
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What’s Ailing Faster Payments Adoption in the U.S.?
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in SecurityNewsIncentives, Tech Barriers and Fraud Fears Hamper FedNow Growth. Economic hesitation, legacy concerns and escalating fraud fears have hampered the adoption of a payment rail touted as the next big thing in the U.S. payment landscape, with government backing and technological promise of clear benefits to consumers and the financial sector. First seen on govinfosecurity.com…
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Oracle quietly admits data breach, days after lawsuit accused it of cover-up
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in SecurityNews
Tags: access, attack, authentication, breach, cloud, compliance, credentials, crime, cve, cybersecurity, data, data-breach, endpoint, exploit, finance, fraud, hacker, identity, infrastructure, intelligence, law, oracle, resilience, risk, service, strategy, supply-chain, technology, theft, threat, vulnerabilityLawsuit challenges Oracle’s response: The reports of Oracle’s acknowledgement of the breach come just days after the company was hit with a class action lawsuit over its handling of the security breach.The lawsuit specifically addresses a major security breach discovered in March that reportedly compromised 6 million records containing sensitive authentication-related data from Oracle Cloud…
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Payment Fraud Detection and Prevention: Here’s All To Know
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in SecurityNewsHere are the most common and latest advancements in payment fraud strategies and payment fraud prevention tools for protecting your business. First seen on techrepublic.com Jump to article: www.techrepublic.com/article/payment-fraud-detection-prevention-guide/
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Oracle quietly admits data breach, days after lawsuit accused it of cover-up
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in SecurityNews
Tags: access, attack, authentication, breach, cloud, compliance, credentials, crime, cve, cybersecurity, data, data-breach, endpoint, exploit, finance, fraud, hacker, identity, infrastructure, intelligence, law, oracle, resilience, risk, service, strategy, supply-chain, technology, theft, threat, vulnerabilityLawsuit challenges Oracle’s response: The reports of Oracle’s acknowledgement of the breach come just days after the company was hit with a class action lawsuit over its handling of the security breach.The lawsuit specifically addresses a major security breach discovered in March that reportedly compromised 6 million records containing sensitive authentication-related data from Oracle Cloud…
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Payment Fraud Detection and Prevention: Here’s All To Know
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in SecurityNewsHere are the most common and latest advancements in payment fraud strategies and payment fraud prevention tools for protecting your business. First seen on techrepublic.com Jump to article: www.techrepublic.com/article/payment-fraud-detection-prevention-guide/
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Rollenbasiertes Nutzermanagement für private IT-Sicherheit von Familien
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in SecurityNews
Tags: fraudBitdefender hat für mehrere seiner Endkundenproduktlinien die neuen Bitdefender-Family-Plans vorgestellt. Diese rollenbasierten Profile sind weltweit im Privatanwenderbereich die erste Möglichkeit für eine personalisierte und zentral verwaltete IT-Sicherheit sowie für den Schutz digitaler Identitäten und der Privatsphäre für Familien. Diese Innovation liefert den aufgrund der weltweiten Zunahme des Online-Betrugs notwendigen Schutz einer personalisierten Sicherheit über viele…
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AI Adoption in the Enterprise: Breaking Through the Security and Compliance Gridlock
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in SecurityNewsAI holds the promise to revolutionize all sectors of enterpriseーfrom fraud detection and content personalization to customer service and security operations. Yet, despite its potential, implementation often stalls behind a wall of security, legal, and compliance hurdles.Imagine this all-too-familiar scenario: A CISO wants to deploy an AI-driven SOC to handle the overwhelming volume of security…
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Russia tightens cybersecurity measures as financial fraud hits record high
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in SecurityNewsVladimir Putin signed a law on Monday that prohibits state institutions, banks and others from using foreign messaging apps when communicating with customers. First seen on therecord.media Jump to article: therecord.media/russia-tightens-cyber-measures-as-fraud-hits-record-high
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Unrechtmäßige Abbuchungen: Hunderte ADAC-Kunden Opfer von Kreditkartenbetrug
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in SecurityNews
Tags: fraudIn den vergangenen Wochen sind hunderte Kunden der ADAC-Visa-Karte Opfer von Betrug geworden. Kunden beklagen langsame Reaktionszeiten der Bank. First seen on golem.de Jump to article: www.golem.de/news/unrechtmaessige-abbuchungen-hunderte-adac-kunden-opfer-von-kreditkartenbetrug-2504-194886.html
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Generative AI Is reshaping financial fraud. Can security keep up?
In this Help Net Security interview, Yinglian Xie, CEO at DataVisor, explains how evolving fraud tactics require adaptive, AI-driven prevention strategies. With fraudsters … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/04/01/yinglian-xie-datavisor-fraud-prevention-strategies/
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Speed vs. Security: The Digital Bank Dilemma
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in SecurityNewsJason Costain on Ways Traditional and Digital Banks Could Learn from Each Other. Digital-only banks promise speed and sleek digital experiences but are not the best places to handle scam victims. Without branches to visit, victims find themselves stuck in a loop of chatbots, said Jason Costain, former head of fraud analytics and threat management…
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‘Sim farms’, high heels, zombie knives: what scammers buy with the money they steal
A haul of items seized by police reveals the scale and threat of payment fraud a crime that can have significant emotional impact on victimsOn a shelf between Alexander McQueen shoes, Louis Vuitton handbags and Versace heels in the police evidence room are an 18-inch machete and a serrated <a href=”https://www.theguardian.com/uk-news/2023/dec/09/google-profiting-from-sale-of-zombie-knives-in-uk-despite-claims-of-ban”>zombie knife. Alongside the expensive…
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‘Sim farms’, high heels, zombie knives: what scammers buy with the money they steal
A haul of items seized by police reveals the scale and threat of payment fraud a crime that can have significant emotional impact on victimsOn a shelf between Alexander McQueen shoes, Louis Vuitton handbags and Versace heels in the police evidence room are an 18-inch machete and a serrated <a href=”https://www.theguardian.com/uk-news/2023/dec/09/google-profiting-from-sale-of-zombie-knives-in-uk-despite-claims-of-ban”>zombie knife. Alongside the expensive…
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Security Affairs newsletter Round 517 by Pierluigi Paganini INTERNATIONAL EDITION
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in SecurityNewsA new round of the weekly SecurityAffairs newsletter arrived! Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press. FBI and DOJ seize $8.2 Million in romance baiting crypto fraud scheme Experts warn of the new sophisticate…
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FBI and DOJ seize $8.2 Million in romance baiting crypto fraud scheme
The U.S. DOJ seized over $8.2 million in USDT stolen through ‘romance baiting’ scams, where victims are tricked into fake investments promising high returns. On February 27, 2025, the U.S. Attorney’s Office in Ohio filed a civil forfeiture complaint for $8.2M in USDT (Tether) linked to a ‘romance baiting’ scam. Fraudsters used anonymous messaging apps…
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Versuchter Betrug mit falschen Identitäten bei einer Gemeinde in Frankreich
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in SecurityNews
Tags: fraudINFO ‘ici Breizh Izel’ : la commune de Merlevenez échappe à une fraude à plus de 150.000 euros lors d’une cyberattaque First seen on francebleu.fr Jump to article: www.francebleu.fr/infos/societe/info-ici-breizh-izel-la-commune-de-merlevenez-echappe-a-une-fraude-a-plus-de-150-000-euros-lors-d-une-cyberattaque-8622785
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Speed vs. Security: the Digi Bank Dilemma
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in SecurityNewsJason Costain on Ways Traditional and Digital Banks Could Learn from Each Other. Digital-only banks promise speed and sleek digital experiences but are not the best places to handle scam victims. Without branches to visit, victims find themselves stuck in a loop of chatbots, said Jason Costain, former head of fraud analytics and threat management…
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DoJ Recovers $5M Lost in BEC Fraud Against Workers’ Union
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in SecurityNewsThe union received a spoofed email that led to the loss of $6.4 million, much of it transferred to other accounts or to a cryptocurrency exchange. First seen on darkreading.com Jump to article: www.darkreading.com/cyberattacks-data-breaches/doj-secures-5m-bec-fraud-workers-union
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MORSE Corp to pay $4.6M to settle cyber fraud lawsuit
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in SecurityNewsFirst seen on scworld.com Jump to article: www.scworld.com/brief/morse-corp-to-pay-4-6m-to-settle-cyber-fraud-lawsuit
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The 3 Pillars of Australia’s New AML/CTF Compliance Framework
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in SecurityNewsNAB’s Anthony Hope on How Banks Are Preparing for the March 2026 Deadline. Australia’s anti-money laundering and counter-terrorism financing legislation is undergoing its first major revision since 2006. Anthony Hope, group head of AML, CTF and fraud risk at NAB, explains what this generational change means for financial institutions. First seen on govinfosecurity.com Jump to…
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Business Email Compromise, ACH Transactions, and Liability
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in SecurityNewsBusiness Email Compromise (BEC) fraud represents one of the most insidious threats facing businesses and individuals today. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/business-email-compromise-ach-transactions-and-liability/
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Auto Lending Fraud Climbs 16.5% to $9.2B in 2024
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in SecurityNewsCredit Washing, Synthetic ID Fraud and Bust-Out Fraud Are Among the Usual Suspects. Auto lenders are grappling with a surge in complex fraud schemes that are not only increasing in volume but also exploiting systemic blind spots. From coordinated bust-out rings to fake dealership websites, fraudsters are expanding their playbooks with bold new tactics. First…