Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and perils of artificial intelligence (AI). The move signals that Big Tech companies are increasingly enforcing guardrails around AI systems amid...
An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the United Kingdom, Romania and Latvia have disrupted the botnet and malware known as Qakbot, the...
The U.K.’s National Crime Agency (NCA) is assembling a dedicated crypto unit. According to a post on the government’s jobs board, the NCA, a national agency that investigates organized crime, cybercrime and economic crime, among other criminal activities, is putting together a specialized crypto cell...
The Internal Revenue Service (IRS) is reinforcing its efforts to combat fraud in the cryptocurrency sector. The Wall Street Journal (WSJ) reported Tuesday (Jan. 3) that the IRS Criminal Division (IRS-CI) is adding hundreds of new agents each year, is assigning many of them to...
July 17, 2018
Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online. At least, that is the […]
August 26, 2017
Bank robberies, even the quirky ones, are serious business. People get killed, hurt or emotionally traumatized by these events. And as scary as it is for victims, sometimes the perpetrator’s...
August 29, 2023
An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the United Kingdom, Romania and Latvia have disrupted the botnet and malware known as Qakbot, the U.S. Justice Department said in a Tuesday (Aug. 29) press release. This […]
January 04, 2023
The U.K.’s National Crime Agency (NCA) is assembling a dedicated crypto unit. According to a post on the government’s jobs board, the NCA, a national agency that investigates organized crime,...
January 03, 2023
The Internal Revenue Service (IRS) is reinforcing its efforts to combat fraud in the cryptocurrency sector. The Wall Street Journal (WSJ) reported Tuesday (Jan. 3) that the IRS Criminal Division...
March 01, 2020
The facial recognition app Clearview AI was banned from Apple’s developer program after allegedly violating the iPhone maker’s rules, Buzzfeed News reported on Friday (Feb. 28). Analysis by BuzzFeed News...
