Rising inflation and the increasing likelihood of a recession are contributing to many peoples’ economic anxieties – and enabling criminals to recruit money mules...

by Paul Ducklin DON’T LET ONE LOUSY EMAIL PASSWORD SINK THE COMPANY Microsoft’s tilt at the MP3 marketplace. Apple’s not-a-zero-day emergency....

The US Federal Trade Commission (FTC) said on Thursday that Americans reported record high losses of more than $547 million to romance scams in 2021. This is up 80% compared to 2020 and over 6 times compared to reported losses in 2017. Financial losses originating from romance scams have increased significantly over recent years, with a […]

Don’t be the next victim – spot the signs of a faux romance in time and send that scammer ‘packing’

The post When love hurts: Watch out for romance scams this Valentine’s Day appeared first on WeLiveSecurity

Firms can utilise AI and ML to create analysis models that can better detect suspicious activity among regular transactions.

The Android malware tracked as BRATA has been updated with new features that grants it the ability to track device locations and even perform a factory reset in an apparent bid to cover up fraudulent wire transfers. The latest variants, detected late last year, are said to be distributed through a downloader to avoid being detected by security software, Italian cybersecurity firm Cleafy said in

The authors of the infamous malware family have added measures for better protecting malicious code injections against inspection and research.

More than 50,000 targets around the world have been affected by the business email compromise scams, Interpol reports.

In episode six of PitchIt: the fintech startups podcast we talk with Sentilink Co-Founder & CEO Naftali Harris.Sentilink was recently crowned champion of...

“My conviction is that address verification is unlikely to be very productive in fighting financial crime.”

The post A Commentary On FinCEN’s Proposed KYC Requirements appeared first on Bitcoin Magazine.

While the US is known to be a prime target for BEC attacks, just how many perpetrators are based there came as a...

The US Federal Bureau of Investigation (FBI) suspects that a group of Nigerian nationals, who allegedly stole at least $17.5 million from two...