Articles Tagged with ''fraud''

Will deepfakes become the number one avenue for fraudsters to steal money? Likely not.

The SEC has established the Interagency Securities Council (ISC) to support collaboration between federal, state and local agencies. 

An awareness campaign displays fraud data across a range of countries, industries and categories. 

Fraud attempts have increased this year, leading to financial repercussions.

The Federal Trade Commission (FTC) released data on which brands were most often impersonated by scammers, and which scams were the most costly.

There has been an increase in “selfie spoofing” scams, or scams in which a fraud actor takes a target’s selfie in order to authenticate a stolen identity and open fraudulent accounts.

The U.S. Department of the Treasury released a report regarding cybersecurity threats in the financial sector, specifically related to AI. 

The report discusses the five fraud threats that are predicted to emerge in 2024. 

The financial sector has been deeply impacted by fraud, and security professionals are finding ways to mitigate it via artificial intelligence (AI).

Cybercriminals can trick business owners and employees into disclosing sensitive information like credentials and passwords, eventually resulting in data breaches and ransomware installations on a business’s network.