Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Fraud

Detect Money Laundering, Healthcare Fraud, and Unemployment Fraud with the New Version of the Splunk App for Fraud Analytics

Fraud is a problem that impacts all of us in different ways; there’s probably no one who hasn’t been directly or indirectly impacted by some kind of fraudulent activity. Have you or someone you know had their identity stolen? Has someone hacked your email or social media account? Have you had money taken from your account (think bank or credit cards here) one way or another? These are all examples of fraud and how it can affect us.

Top 5 Scam Techniques: What You Need to Know

Scammers are increasingly resourceful when coming up with scam techniques. But they often rely on long-standing persuasion techniques for the scam to work. So, you may hear about a new scam that uses a novel narrative, but there is a good chance that the scam relies on proven scam techniques once the narrative is stripped away. These scam techniques often exploit our characteristics and heuristics, or things that make us human and fallible.

What is PPP Loan Fraud?

When the pandemic hit in 2020, our world became chaotic overnight. Throughout the nation, individuals were met with layoffs or stringent checks—pushing the financials of families to their breaking points. Simultaneously, business organizations faced similar issues; because fewer bodies were allowed in the same area, production trickled to a minimum, niche clients limited their spending, and small businesses counted the days until their doors closed.

Anyone Can Be Scammed and Phished, With Examples

I recently read an article about a bright, sophisticated woman who fell victim to an unbelievable scam. By unbelievable, I mean most people reading or hearing about it could not believe it was successful. A group posing as an Amazon employee and various U.S. law enforcement agencies were able to convince a woman to take $50,000 out of her bank account in cash and hand it off to a complete stranger in the streets. It is a wild story and most of us would not be tricked into doing what happened to her.