Cyber Fraud news and trends

Analysis Claims $88.6M Laundered Via Crypto Exchanges
Cryptocurrency // September 28, 2018

For years, law enforcement has feared that bitcoin could make money laundering easier. And now, in a new analysis of 2,500 suspected crypto crimes that made use of bitcoin and Ethereum, The Wall Street Journal claimed that nearly $90 million worth of reportedly criminal proceeds have...

Bottomline Technologies Launches Payment Fraud Solution For SWIFT Members
Security & Fraud // April 19, 2017

Bottomline Technologies, a provider of technology solutions to help businesses pay and get paid, announced Tuesday (April 18) that it is leveraging its experience in cyber fraud risk management solutions to launch a new payment fraud solution for members of the SWIFT payment network. In...

IdentityMind Global And Neoway Team Up To Integrate Platforms
Security & Fraud // October 25, 2016

IdentityMind Global announced Tuesday (Oct. 25) a partnership to integrate its Trusted Digital Identity online fraud prevention and compliance automation platform with Neoway’s Advanced Data solution. In a press release, the company said the partnership offers Neoway a jumpstart in the North American FinTech market,...

As Online Sales Grow, So Does Cyberfraud
Security & Fraud // September 29, 2016

One of the unintended consequences in the rise of eCommerce is a related rise in cyberfraud attacks on online shoppers. Which is why online retailers are increasingly turning to companies like Shape Security, a Mountain View, California-based provider of web and mobile security applications founded in...

Quick Reads
Bottomline Technologies Launches Payment Fraud Solution For SWIFT Members

April 19, 2017
Bottomline Technologies, a provider of technology solutions to help businesses pay and get paid, announced Tuesday (April 18) that it is leveraging its experience in cyber fraud risk management solutions to launch a new payment fraud solution for members of the SWIFT payment network. In a press release, the company said the solution is being […]

IdentityMind Global And Neoway Team Up To Integrate Platforms

October 25, 2016
IdentityMind Global announced Tuesday (Oct. 25) a partnership to integrate its Trusted Digital Identity online fraud prevention and compliance automation platform with Neoway’s Advanced Data solution. In a press release,...

Bangladeshi Heist Linked To 2014 Sony Hack

May 16, 2016
The search for the Bangladesh cyberheist fraudsters has taken an interesting turn with new research indicating the involvement of the same hackers behind the 2014 hack on Sony Pictures. The...

Paysafe’s Current Accounts Safe From Past Breach

December 01, 2015
British mobile payments company Paysafe announced that the two instances of hacks, which stole data from its 7.8 million accounts, could not affect its current customer accounts. The 2010 attack on the...