The company will invest in its AI and real-time detection platform, in global expansion, and in strategic partnerships.
The post Fraud Prevention Company SEON Raises $80 Million in Series C Funding appeared first on SecurityWeek.
Why context, behavioral baselines, and multi-source visibility are the new pillars of identity security in a world where credentials alone no longer cut it.
The post Who’s Really Behind the Mask? Combatting Identity Fraud appeared first on SecurityWeek.
With generative AI enabling fraud-as-a-service at scale, legacy defenses are crumbling. The next wave of cybercrime is faster, smarter, and terrifyingly synthetic.
The post Fraud: A Growth Industry Powered by Gen-AI appeared first on SecurityWeek.
Google has filed a lawsuit against the Badbox 2.0 botnet operators, after identifying over 10 million infected Android devices.
The post Google Sues Operators of 10-Million-Device Badbox 2.0 Botnet appeared first on SecurityWeek.
Fake college enrollments have been surging as crime rings deploy “ghost students” — chatbots that join online classrooms and stay just long enough to collect a financial aid check.
The post How Scammers Are Using AI to Steal College Financial Aid appeared first on SecurityWeek.
Kingsley Uchelue Utulu has been sentenced to more than 5 years in prison for his role in a scheme that involved hacking, fraud and identity theft.
The post Nigerian Involved in Hacking US Tax Preparation Firms Sentenced to Prison appeared first on SecurityWeek.
AI-powered threat protection startup Scamnetic has raised $13 million in a Series A funding round led by Roo Capital.
The post Scamnetic Raises $13 Million to Prevent Scams in Real Time appeared first on SecurityWeek.
Charm Security has emerged from stealth mode with $8 million in funding for AI-powered scams and social engineering prevention.
The post Charm Security Emerges From Stealth With $8 Million in Funding appeared first on SecurityWeek.
Authorities in seven African countries arrested 300 suspects in an international crackdown on cybercriminal networks targeting businesses.
The post 300 Arrested in Crackdown on Cybercrime Rings in Africa appeared first on SecurityWeek.
FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams.
The post Fraud Losses Reached $12.5 Billion in 2024: FTC appeared first on SecurityWeek.
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