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Category: Fraud & Identity Theft

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  2. Fraud & Identity Theft

Visa to Acquire Fraud Protection Firm Featurespace

Incubated at Cambridge University’s engineering department, Featurespace’s algorithmic-based solutions analyze transaction data to detect fraud cases.

The post Visa to Acquire Fraud Protection Firm Featurespace appeared first on SecurityWeek.

Mandiant Offers Clues to Spotting and Stopping North Korean Fake IT Workers

Mandiant shines the spotlight on the growing infiltration of US and Western companies by North Korean fake IT workers.

The post Mandiant Offers Clues to Spotting and Stopping North Korean Fake IT Workers appeared first on SecurityWeek.

Two Nigerians Sentenced to Prison in US for BEC Fraud

Franklin Ifeanyichukwu Okwonna and Ebuka Raphael Umeti were sentenced to prison in the US for business email compromise (BEC) fraud.

The post Two Nigerians Sentenced to Prison in US for BEC Fraud appeared first on SecurityWeek.

Interpol Arrests 300 People in a Global Crackdown on West African Crime Groups Across 5 Continents

Interpol arrests 300 people in a global crackdown on West African crime groups specializing in online financial fraud.

The post Interpol Arrests 300 People in a Global Crackdown on West African Crime Groups Across 5 Continents appeared first on SecurityWeek.

‘CrystalRay’ Expands Arsenal, Hits 1,500 Targets with SSH-Snake and Open Source Tools

A threat actor tracked as CrystalRay has hit 1,500 victims since February, stealing credentials and deploying backdoors.

The post ‘CrystalRay’ Expands Arsenal, Hits 1,500 Targets with SSH-Snake and Open Source Tools appeared first on SecurityWeek.

Landmark Admin Discloses Data Breach Impacting Personal, Medical Information

Life insurance company Landmark Admin says personal, medical, and insurance information was compromised in a May data breach.

The post Landmark Admin Discloses Data Breach Impacting Personal, Medical Information appeared first on SecurityWeek.

Nigerian Faces Prison in US After BEC Fraud Conviction

Nigerian national Ebuka Raphael Umeti was convicted in the US for operating a business email compromise (BEC) scheme.

The post Nigerian Faces Prison in US After BEC Fraud Conviction appeared first on SecurityWeek.

US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam 

The US government is trying to recover more than $5.3 million stolen by cybercriminals through a BEC scheme from a workers union.

The post US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam  appeared first on SecurityWeek.

Using AI, Mastercard Expects to Find Compromised Cards Quicker, Before They Get Used by Criminals

Mastercard is integrating AI into its fraud-prediction technology that it expects will be able to see patterns in stolen cards faster and allow banks to replace them before they are used by criminals.

The post Using AI, Mastercard Expects to Find Compromised Cards Quicker, Before They Get Used by Criminals appeared first on SecurityWeek.

Threat Actors Abuse GitHub to Distribute Multiple Information Stealers

Russian-speaking threat actors are caught abusing a GitHub profile to distribute information stealers posing as legitimate software.

The post Threat Actors Abuse GitHub to Distribute Multiple Information Stealers appeared first on SecurityWeek.

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