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Tag: romance scams

Decoding the Black Box: How AI is unveiling the secrets of crypto money laundering

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP.Artificial Intelligence tools could revolutionize anti-money laundering efforts in cryptocurrency transactions....

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Top 10 scams targeting seniors – and how to stay safe

Scams The internet can be a wonderful place. But it’s also awash with...

‘Pig Butchering’ Crypto Romance Scams Up 85 Times Since 2020 – Decrypt

Crypto activity linked to “pig butchering” romance scams is 85 times higher than it was in 2020, with revenue doubling from 2022 to 2023,...

Chainalysis Exposes Southeast Asia’s Human Trafficking and Scam Nexus

Chainalysis reveals the intertwining of human trafficking with crypto scams in Southeast Asia, highlighting the urgency to combat these digital age crimes. The blockchain...

Mitigating fraud risk : effective strategies for small financial institutions

In 2023, the Canadian Anti-Fraud Centre reported a staggering $554 million in victim losses related to fraud and cybercrime — nearly 5 per cent...

Navigating the Evolving Landscape of Crypto Crime – Fintech Singapore

In the ever-evolving cryptocurrency market landscape, 2023 marked a pivotal year that saw significant shifts in the nature and scope of illicit activities. The report...

Could your online date be a scammer? How to avoid getting caught in a bad romance

Scams With Valentine’s Day almost upon us, here’s some timely advice on how to prevent scammers from stealing more than your heart Imogen...

Google Play Used to Spread ‘Patchwork’ APT’s Espionage Apps

The Indian APT group Patchwork, known for its targeted spear phishing cyberattacks against Pakistanis, has been caught abusing Google Play to distribute six different...

VajraSpy: A Patchwork of espionage apps

ESET researchers have identified twelve Android espionage apps that share the same malicious code: six were available on Google Play, and six were found...

Break the fake: The race is on to stop voice cloning fraud

Scams As AI-powered voice cloning turbocharges imposter scams, we sit down with ESET’s Jake Moore to discuss how to hang up on ‘hi-fi’...

Debiex Accused of $2.3M Romance Scam by CFTC

The Commodity Futures Trading Commission (CFTC) has filed charges against the cryptocurrency exchange Debiex, alleging a romance scam that led to a misappropriation of...

FTC offers cash for best ideas to stymie AI voice cloning

The Federal Trade Commission (FTC) is promising a $25,000 reward for the best solution to combat the growing threat of AI voice cloning. Sometimes referred...

Interpol Busts 3,500 Alleged Cybercriminals And Scammers, Seizes $300 Million Of Ill-gotten Proceeds, And Warns About The Rise Of The NFT ‘rug Pull’ –...

The International Criminal Police Organisation better-known as Interpol has announced the arrest of 3,500 alleged cybercriminals and scammers, alongside the seizure of $300 million...

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