Charm Security has emerged from stealth mode with $8 million in funding for AI-powered scams and social engineering prevention.
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300 Arrested in Crackdown on Cybercrime Rings in Africa
Authorities in seven African countries arrested 300 suspects in an international crackdown on cybercriminal networks targeting businesses.
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Fraud Losses Reached $12.5 Billion in 2024: FTC
FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams.
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US, Dutch Authorities Disrupt Pakistani Hacking Shop Network
US and Dutch authorities seized 39 domains to disrupt a network of hacking and fraud marketplaces operated by Saim Raza.
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British National Arrested, Charged for Hacking US Companies
UK national Robert Westbrook was charged in the US for executing a hack-to-trade scheme against five public companies.
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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.
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FCC Warns of ‘Royal Tiger’ Robocall Scammers
The FCC has issued a public notice on robocall scammer group ‘Royal Tiger’, the first designated threat actor.
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Linux Foundation Tackles Financial Fraud With Open Source Platform
The open source platform Tazama provides cost-effective monitoring of digital financial transactions to prevent fraud in real time.
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Google Announces Enhanced Fraud Protection for Android
Google Play Protect will block the installation of sideloaded applications requesting permissions frequently abused by fraudsters.
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New York Sues Citibank Over Poor Data Security
New York attorney general is suing Citibank for failing to protect customers against hackers and fraudsters who have stolen millions.
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