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The Benefits and Risks of Using Government Databases for ID Verification in Fraud Prevention

In today’s digital world, identity theft and fraud have become increasingly common occurrences. It is no secret that fraudsters are getting more creative, making it more challenging for businesses and individuals to protect themselves. However, with the advent of technology, there are various ways to mitigate these risks, such as using government databases for ID verification.

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Impersonation attacks leverage Silicon Valley Bank collapse in new phishing campaign

As news of Silicon Valley Bank's (SVB) collapse continues to dominate the headlines, cybercriminals are running phishing campaigns impersonating SVB and other financial institutions, including M-F-A and Bloomberg. Responding quickly to the 24-hour news cycle, cybercriminals aim to leverage their victims' potential distress over their financial situation to make them more susceptible to this type of attack.

Fraud is in Your Backyard

Each day, there are multiple news stories about fraud. Some share details about fraud committed against government entities or agencies, some tell us about instances in our educational institutions, and still, others describe the types of fraud against individuals in the form of identity theft. In the post-pandemic United States, fraud has increased in the public sector because our government has made benefits more accessible to those in need.

How To Identify a Fake Text Message: AI or Human?

Is it a bot? Or is it a human? Is it texting spam? Or is it a promo message? These are just some of the questions online users ask when navigating websites, notifications, and messages. These questions are not only fair, but they're also necessary. While there are pros and cons to navigating an online world with AI and chatbots, it's essential to know how to spot fake AI communication so you can protect yourself from scammers and cybercriminals.

What to Expect for Payment Network Fraud in 2023

In our last blog, we looked at 2022’s most prominent global payment fraud trends, including application fraud and synthetic identities, bot-driven DDoS attacks, brute force BIN attacks, and authorized push payment fraud. We also discussed the convergence of cybercrime and payment fraud as cybercriminals constantly look for new ways to exploit payment networks by distracting infosec teams with cyberattacks while they launch fraud attacks.

What Are Scam Calls and How Can I Stop Them?

Scam calls are phone calls you may receive that are unsolicited, spoofed and claim to be from someone or a company they’re not. For example, you may receive a phone call claiming to be law enforcement and while the caller ID and location may match a legitimate police department, it has been spoofed to look legitimate. There are a few ways you can prevent receiving scam calls such as getting an app that blocks them.

Deepfakes: What they are and tips to spot them

Deepfakes are forged images, audio, and videos that are created using Artificial Intelligence (AI), and Machine Learning technologies. According to the World Economic Forum (WEF), deepfake videos are increasing at an annual rate of 900%, and recent technological advances have made it easier to produce them. VMware states that two out of three defenders report that deepfakes were used as a part of an attack to influence operations, or to launch disinformation campaigns.

What are Apple Pay Scams and How to Avoid Them?

Did you know that Apple Pay has a $2500 apple cash card limit? If someone steals your credit card information from an online purchase, they can’t use it to buy over $2500 worth of goods. These card scams are getting common these days. Therefore, a company needs to go through PCI DSS penetration testing to have cyber security compliance.

Four of the Oldest Tricks in Scammers' Books

As the world grows increasingly digital and dependent on the internet, cyberthreats are constantly evolving to clash with newer and more rigid security features. Despite cybercriminals’ propensity for finding new and innovative ways to take advantage of their targets, however, there are also tactics that have been in use since the early days of the internet.