Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67% since 2014 and 11% since 2018. Casualties of these breaches in the first half of 2019 alone include 4.1 billion personal records exposed in a variety of ways: 52% through...
Even in times of global crisis, fraudsters will always look for ways to exploit unsuspecting targets. Corporates and government officials have recently been sounding the alarm about coronavirus-related scams, and according to experts, the threat is likely to rise. “This is a moment that a...
This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes....
The largest public data breach ever has been discovered, according to Gizmodo. “Collection #1” has seen the exposure of nearly 773 million unique emails and more than 21 million unique passwords, affecting countless individuals. The breach is just one data batch of at least six...
October 09, 2024
OpenAI says hackers connected to the Chinese government attempted a phishing attack on its employees. The artificial intelligence (AI) company revealed the attempt Wednesday (Oct. 9) in a report on its attempts to prevent “the disruptive uses” of its technology. Earlier this year, the report said, OpenAI disrupted a “suspected China-based threat actor” known as “SweetSpecter” as it […]
January 18, 2019
The largest public data breach ever has been discovered, according to Gizmodo. “Collection #1” has seen the exposure of nearly 773 million unique emails and more than 21 million unique...
June 15, 2016
On Tuesday (June 14), the FBI issued a warning about the rising threat of wire transfer fraud. The bureau disclosed that hackers have attempted to steal more than $3 billion...
April 11, 2016
Cybercriminals are making bank from wire transfer scams conducted through email — the FBI estimates more than $2.3 billion since 2013. These schemes, which authorities consider to be one of...
