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Fraud victim's 18-month fight for £80,000 refund
BBC via AOL· 5 hours agoWhen Carol Alexander fell victim to an £80,000 fraud, the "huge trauma" of it left her in shock for days. Carol had the money stolen from two accounts -...
Facebook 'did nothing about Taylor Swift ticket hack scam'
BBC via Yahoo News· 3 hours agoFacebook said it takes "the safety and security of our community seriously" and is "continually...
Soaring scam and fraud sophistication remains top challenge for financial services sector
Retail Banker International via Yahoo Finance· 10 hours agoJust over three-quarters (76%) of banks believe fraud cases and scams have become more...
80 victims have reported losing tens of thousands of dollars to fraud schemes in Summit County so...
Summit Daily News· 7 hours agoWhatever the scheme may be, there is an onslaught of scams that everyday people are losing thousands...
Orlando business owner pleads guilty to $57M investment fraud scheme
WFTV via Yahoo Finance· 8 hours agoAn Orlando man is facing decades in federal prison after pleading guilty to multiple charges...
Visa develops a gen AI model to combat card-testing fraud
American Banker via Yahoo Finance· 17 hours agoBy training a core payment card fraud-detection platform on more than 15 billion transactions, the...
Global Optimized Ad-Fraud Rates Decline, But AI Presents Challenges
MediaPost· 5 hours agoWorldwide fraud rates for optimized ad campaign meant to protect brands fell to all-time lows in the second half of 2023, but those unprotected rose 14 times higher, according ...
Gary Gensler Attributes SEC's Focus on Crypto to Financial Media and Fraud Concerns
Cryptonews· 5 hours agoGary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview on May 7, asserting that it’s not an undue focus ...
Visa introduces AI tool to combat online card fraud By Investing.com
Investing.com· 6 hours agoEnumeration attacks, where threat actors use automated scripts and botnets to test card numbers en...
How VISA is using generative AI to battle account fraud attacks
VentureBeat· 17 hours agoAttackers rely on automation to brute force card testing attacks including weaponizing botnets and...