Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Fraud

tripwire

Job scams: How they persuade and how to protect yourself

With so many companies currently reducing their workforce, jobs scams have become a serious and widespread problem for those who are looking for work. Stories from people who came across these scams on LinkedIn talk about scammers asking for their IDs, possibly to commit identity fraud or theft.

Pentest People

Lets Talk Bank Fraud - How to Protect Your Bank Details

Bank fraud is a type of financial crime that involves the use of false representations and illegal activities to obtain money or other assets from a financial institution. It can involve forging signatures, using stolen bank account numbers, or using fake documents to gain access to funds.

alienvault

Telephony fraud and risk mitigation: Understanding this ever-changing threat

Telephony fraud is a significant challenge. Companies of all sizes and industries are subjected to the malicious usage of voice and SMS with the intent of committing financial fraud, identity theft, denial-of-service, and a variety of other attacks. Businesses that fall victim to fraud can incur significant financial losses, irreparable damage to their reputation, and legal implications.

idcentral

Top 5 Trends in Identity Theft 2023

It’s seldom easy to predict what a hacker will do exactly. Cybercriminals frequently act out of impulse and chance rather than following a rational course. The Identity Theft Resource Center (ITRC) believes it has a preview of what lies ahead in 2023 after studying patterns in the second half of 2022. Takeovers of social media using identity theft, either assuming fake profiles or claiming an original profile was popular in 2022.

lookout

12 Cash App Scams to Know and How to Avoid Them

Whether it’s splitting the bill after a night out on the town or sending money for your niece’s graduation, more Americans are relying on peer-to-peer payment services like Cash App than ever before. It’s a quick and seamless way to make financial transactions trusted by millions of users. Cash App makes it easy to receive and send money and is renowned for its convenience. But while Cash App transactions are generally safe, users could still be susceptible to Cash App scams.

alienvault

Cybersecurity for seniors this holiday season: all generations are a target

During the holiday season, it is essential to take extra precautions when it comes to cybersecurity. Cybercriminals may be more active than usual, looking for ways to exploit unsuspecting users. Protect yourself and your loved ones, ensure that you and they are up to date with the latest security software, and be mindful of potential scams.

inetco

Don't Let the Grinch Steal Your Christmas: Preventing Holiday Season Fraud

It’s that time of year again – the holidays are here, and everywhere you turn, you see the hustle and bustle of consumers eagerly (or desperately) searching for the perfect gifts to put under the tree. Unfortunately, the holiday season isn’t just for shoppers; it’s also prime time for financial fraudsters looking to conduct holiday season fraud. According to a 2020 survey by Experian, one in every four U.S. consumers reported they fell for a fraud scheme during the holidays.

idcentral

Caller Identification: India's new in-house solution to curb fraud calls

The Telecom Regulatory Authority of India (TRAI), the government’s telecom authority, would implement a caller identification system similar to other caller ID applications on the app store within the next three weeks. The new system will employ KYC verification to guarantee that callers’ identities are real and aren’t forged with synthetic identities.

idcentral

6 ways you can protect yourself from fraud this Christmas 2022

Since 2018, identity fraud rates have risen by up to 15% year on year throughout November and December, as criminals try to take advantage of an increase in online transactions, lowering businesses’ capacity to investigate suspected fraud and access credit using stolen personal information. The issue grows more acute around the holiday season, with incidents increasing over the previous four years to attempt to obtain credit using stolen personal information.

Trustwave

'Tis the Season for Online Shopping and Phishing Scams

The 2022 holiday shopping season is here. Retailers’ discounts are kicking off early, and shoppers are eager to spend, especially with big price markdowns to come as the season progresses. And with the COVID-19 pandemic still a concern to shoppers, more people are expected to shop online this season. What this also means is that as consumers whip themselves into a shopping frenzy, cybercriminals have activated their seasonal scams to try and steal money or personal information.