#fraud-prevention

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#scams

Get ready for these scams in 2025

Scammers are becoming more sophisticated, utilizing personal data and technology to execute highly convincing fraud schemes.

Criminals open DocuSign's Envelope API to make BEC spread

Business email compromise scams are now utilizing DocuSign's API, increasing their effectiveness by mimicking legitimate e-sign requests.

Winter Fuel Payment Scam Targets UK Citizens Via SMS

Scammers exploit vulnerable UK citizens by sending fake messages about winter heating bill assistance, targeting low-income seniors to steal personal information.

How one phone unlocked secret Irish network of young, aspiring graduates acting as money mules for global Black Axe crime gang

Allowing accounts to be misused by scammers poses significant risks; law enforcement actively pursues such cases.

FBI Issues Warning Over Generative AI-Fueled Fraud

AI voice cloning is increasingly used by scammers to impersonate loved ones in order to extort money, leading to FBI warnings.

Meta says it's taken down 2 million accounts linked to 'pig butchering' scams

Meta has taken down over 2 million accounts linked to pig butchering scams this year, showcasing significant progress in combating such fraud.

Get ready for these scams in 2025

Scammers are becoming more sophisticated, utilizing personal data and technology to execute highly convincing fraud schemes.

Criminals open DocuSign's Envelope API to make BEC spread

Business email compromise scams are now utilizing DocuSign's API, increasing their effectiveness by mimicking legitimate e-sign requests.

Winter Fuel Payment Scam Targets UK Citizens Via SMS

Scammers exploit vulnerable UK citizens by sending fake messages about winter heating bill assistance, targeting low-income seniors to steal personal information.

How one phone unlocked secret Irish network of young, aspiring graduates acting as money mules for global Black Axe crime gang

Allowing accounts to be misused by scammers poses significant risks; law enforcement actively pursues such cases.

FBI Issues Warning Over Generative AI-Fueled Fraud

AI voice cloning is increasingly used by scammers to impersonate loved ones in order to extort money, leading to FBI warnings.

Meta says it's taken down 2 million accounts linked to 'pig butchering' scams

Meta has taken down over 2 million accounts linked to pig butchering scams this year, showcasing significant progress in combating such fraud.
morescams
#telecommunications

O2 deploys AI granny against scammers

O2 has created an AI, named Daisy, to distract and frustrate phone scammers by mimicking human conversation.

Memo to Trump: US telecoms is vulnerable to hackers. Please hang up and try again | John Naughton

Two-factor authentication can be compromised due to vulnerabilities in the SS7 protocol.

'AI granny' scambaiter wastes telephone fraudsters' time with boring chat | TechCrunch

AI's role in combating phone scams showcases innovative strategies for consumer protection.

O2 unleashes AI grandma on scammers

A significant number of Britons desire revenge on scammers, yet many are unwilling to invest time in retaliatory actions.
O2's AI, Daisy, is designed to thwart scams by engaging in realistic conversations with callers.

Phone Provider Deploys "State-of-the-Art AI Granny" to Waste Scammers' Time

Virgin Media O2's AI Granny chatbot, Daisy, combats phone scammers by wasting their time, helping protect vulnerable individuals from fraud.

O2 deploys AI granny against scammers

O2 has created an AI, named Daisy, to distract and frustrate phone scammers by mimicking human conversation.

Memo to Trump: US telecoms is vulnerable to hackers. Please hang up and try again | John Naughton

Two-factor authentication can be compromised due to vulnerabilities in the SS7 protocol.

'AI granny' scambaiter wastes telephone fraudsters' time with boring chat | TechCrunch

AI's role in combating phone scams showcases innovative strategies for consumer protection.

O2 unleashes AI grandma on scammers

A significant number of Britons desire revenge on scammers, yet many are unwilling to invest time in retaliatory actions.
O2's AI, Daisy, is designed to thwart scams by engaging in realistic conversations with callers.

Phone Provider Deploys "State-of-the-Art AI Granny" to Waste Scammers' Time

Virgin Media O2's AI Granny chatbot, Daisy, combats phone scammers by wasting their time, helping protect vulnerable individuals from fraud.
moretelecommunications
#scam-alert

Fraudsters posing as cops in caller ID phone scam, Toronto police warn | CBC News

Beware of phone scams using Toronto police's real phone number to impersonate officers.
Do not provide personal information to unknown callers.

Telephone scam involving fake Toronto police officers prompts public safety alert | CTV News

Toronto police warned about a telephone scam involving impersonation of officers to steal personal information.

Fraudsters posing as cops in caller ID phone scam, Toronto police warn | CBC News

Beware of phone scams using Toronto police's real phone number to impersonate officers.
Do not provide personal information to unknown callers.

Telephone scam involving fake Toronto police officers prompts public safety alert | CTV News

Toronto police warned about a telephone scam involving impersonation of officers to steal personal information.
morescam-alert
#financial-security

Online transactions is crucial in Europe

Enhancing security measures for online transactions in Europe is crucial to ensuring safe and reliable digital financial interactions.

How one man's decision not to work from home saved him from losing $18K to scammers

A man's decision to go into the office helped him thwart a scam attempt that nearly cost him over $18,000.

Beware the Fortnite Fraudster: What to do if your credit card info is stolen

Credit card fraud is on the rise, with reported cases increasing significantly from 2019 to 2023.
Regularly monitoring credit card statements is crucial to prevent unauthorized charges.

Online transactions is crucial in Europe

Enhancing security measures for online transactions in Europe is crucial to ensuring safe and reliable digital financial interactions.

How one man's decision not to work from home saved him from losing $18K to scammers

A man's decision to go into the office helped him thwart a scam attempt that nearly cost him over $18,000.

Beware the Fortnite Fraudster: What to do if your credit card info is stolen

Credit card fraud is on the rise, with reported cases increasing significantly from 2019 to 2023.
Regularly monitoring credit card statements is crucial to prevent unauthorized charges.
morefinancial-security

Bank insiders are leaking data on client accounts as scams surge

Banks are seeing a troubling trend where low-paid employees leak sensitive customer information, exposing weaknesses in security measures.

Brooklyn DA cracks down on crypto scams targeting Russian community * Brooklyn Paper

The DA's effort aims to combat cryptocurrency scams targeting the Russian-speaking community in Brooklyn.
Over 1,200 individuals were alerted about potential fraudulent activities related to cryptocurrency investments.
#romance-scams

A 67-year-old woman now lives in her car after losing thousands to a romance scammer pretending to be Keanu Reeves

Older Americans are disproportionately affected by romance scams, suffering significant financial losses.
Scammers often impersonate trusted figures, like celebrities, to gain victims' trust.

Webinar | Protect yourself this holiday season: Avoid romance scams and stay safe online | amNewYork

Scammers exploit holiday loneliness, targeting individuals through dating platforms.
A free webinar on December 10 aims to educate about romance scams.
Older Americans lost $240 million to scams in 2022, emphasizing the need for awareness.

A 67-year-old woman now lives in her car after losing thousands to a romance scammer pretending to be Keanu Reeves

Older Americans are disproportionately affected by romance scams, suffering significant financial losses.
Scammers often impersonate trusted figures, like celebrities, to gain victims' trust.

Webinar | Protect yourself this holiday season: Avoid romance scams and stay safe online | amNewYork

Scammers exploit holiday loneliness, targeting individuals through dating platforms.
A free webinar on December 10 aims to educate about romance scams.
Older Americans lost $240 million to scams in 2022, emphasizing the need for awareness.
moreromance-scams
#cybersecurity

Attorney General James and DFS Superintendent Harris Secure $11.3 Million from Auto Insurance Companies over Data Breaches

GEICO and Travelers were penalized $11.3 million for inadequate data security, compromising the personal information of over 120,000 New Yorkers.

Eliminating AI Deepfake Threats: Is Your Identity Security AI-Proof?

AI-powered fraud is a significant and active threat across industries, necessitating advanced cybersecurity solutions.

How to protect yourself from AI scams this holiday season

Criminals are exploiting AI to create more convincing scams, especially during the holiday season, making public awareness critical.

Startup can identify deepfake video in real time

Real-time deepfakes are increasingly accessible, prompting research into CAPTCHA-style tests for securing video calls against AI bot interference.

Real-Time Video Deepfake Scams Are Here. This Tool Attempts to Zap Them

Real-time deepfakes can target anyone, not just public figures, posing significant risks as detection technology struggles to keep pace.

Cleo Capital launches cybersecurity accelerator to help undo the 'crushing burden' of online threats | TechCrunch

Cleo Capital launched a cybersecurity accelerator to support early-stage companies addressing growing cyber threats amid rising fraud incidents.
The program focuses on pre-seed and seed startups globally, offering investment and aiming to drive innovation in cybersecurity.

Attorney General James and DFS Superintendent Harris Secure $11.3 Million from Auto Insurance Companies over Data Breaches

GEICO and Travelers were penalized $11.3 million for inadequate data security, compromising the personal information of over 120,000 New Yorkers.

Eliminating AI Deepfake Threats: Is Your Identity Security AI-Proof?

AI-powered fraud is a significant and active threat across industries, necessitating advanced cybersecurity solutions.

How to protect yourself from AI scams this holiday season

Criminals are exploiting AI to create more convincing scams, especially during the holiday season, making public awareness critical.

Startup can identify deepfake video in real time

Real-time deepfakes are increasingly accessible, prompting research into CAPTCHA-style tests for securing video calls against AI bot interference.

Real-Time Video Deepfake Scams Are Here. This Tool Attempts to Zap Them

Real-time deepfakes can target anyone, not just public figures, posing significant risks as detection technology struggles to keep pace.

Cleo Capital launches cybersecurity accelerator to help undo the 'crushing burden' of online threats | TechCrunch

Cleo Capital launched a cybersecurity accelerator to support early-stage companies addressing growing cyber threats amid rising fraud incidents.
The program focuses on pre-seed and seed startups globally, offering investment and aiming to drive innovation in cybersecurity.
morecybersecurity

How to screen calls on an iPhone

Utilize built-in features on iPhone to screen and manage spam calls effectively.

Seniors, Beware This Medicare Fraud: Durable Medical Equipment

Beware of unsolicited offers for durable medical equipment; fraudsters target seniors to sell unnecessary items.
#technology

An A.I. Granny Befuddles Phone Scammers

Daisy Harris is an A.I. tool developed to waste scammers' time and deter fraud.
O2's initiative highlights the increasing prevalence and danger of phone scams globally.

How Machine Learning Enhances Fraud Detection in Online Gambling Platforms

Machine learning is essential for enhancing security and combating fraud in the rapidly growing online gambling industry.

An A.I. Granny Befuddles Phone Scammers

Daisy Harris is an A.I. tool developed to waste scammers' time and deter fraud.
O2's initiative highlights the increasing prevalence and danger of phone scams globally.

How Machine Learning Enhances Fraud Detection in Online Gambling Platforms

Machine learning is essential for enhancing security and combating fraud in the rapidly growing online gambling industry.
moretechnology
#retail

Why Online Returns Are a Hassle Now

Stricter return policies have emerged as retailers combat high return rates and fraud, complicating the return process for consumers.

Major retailers tighten return policies ahead of holiday season

Retailers, including REI, Target, and Amazon, are revising return policies to combat rising return fraud, particularly during the holiday shopping season.

Why Online Returns Are a Hassle Now

Stricter return policies have emerged as retailers combat high return rates and fraud, complicating the return process for consumers.

Major retailers tighten return policies ahead of holiday season

Retailers, including REI, Target, and Amazon, are revising return policies to combat rising return fraud, particularly during the holiday shopping season.
moreretail

MINGO, Hedera Based Wallet, Sets Sights On The Global Ticketing Industry | HackerNoon

MINGO introduces NFT-based digital ticketing, addressing fraud and scalping while enhancing the event experience for organizers and attendees.

SASSA Internal Control Issues Highlight Value of Serge Belamant's Universal Electronic Payment System

Widespread fraud at SASSA underscores the critical need for improved payment security systems in social welfare distribution.
#cybercrime

FBI: Rise in crooks stealing data using government emails

Cybercriminals increasingly exploit emergency data requests, raising concerns among the FBI and impacting business security measures.

FBI Busts Rydox Marketplace with 7,600 PII Sales, Cryptocurrency Worth $225K Seized

The U.S. Department of Justice shut down Rydox, a major marketplace for illicit personal information and cybercrime tools, and arrested its administrators.

FBI: Rise in crooks stealing data using government emails

Cybercriminals increasingly exploit emergency data requests, raising concerns among the FBI and impacting business security measures.

FBI Busts Rydox Marketplace with 7,600 PII Sales, Cryptocurrency Worth $225K Seized

The U.S. Department of Justice shut down Rydox, a major marketplace for illicit personal information and cybercrime tools, and arrested its administrators.
morecybercrime
#banking-regulations

SurePay fights bank fraud with Okta's help

SurePay enhances bank fraud prevention and regulatory compliance via advanced payment verification systems, significantly reducing fraud incidents.

Ensuring Secure Transactions in Europe : Verification of Payee (VoP)

VoP is crucial for preventing fraud in payment transactions, ensuring funds go to the right recipients.

SurePay fights bank fraud with Okta's help

SurePay enhances bank fraud prevention and regulatory compliance via advanced payment verification systems, significantly reducing fraud incidents.

Ensuring Secure Transactions in Europe : Verification of Payee (VoP)

VoP is crucial for preventing fraud in payment transactions, ensuring funds go to the right recipients.
morebanking-regulations
#digital-transformation

At Money 20/20, financial services and fintech leaders reflect on 2024 achievements and plan for the future - Tearsheet

The event showcased advancements in fintech, particularly in AI and fraud prevention.

First American launches real-time fraud alert system

First American launches Order Insights to bolster fraud prevention for title agents through real-time alerts and transaction validation.

At Money 20/20, financial services and fintech leaders reflect on 2024 achievements and plan for the future - Tearsheet

The event showcased advancements in fintech, particularly in AI and fraud prevention.

First American launches real-time fraud alert system

First American launches Order Insights to bolster fraud prevention for title agents through real-time alerts and transaction validation.
moredigital-transformation
#ai-technology

Treasury Department Leverages AI to Save Billions in Taxpayer Money

AI has significantly contributed to preventing and recovering over $4 billion from fraud for the U.S. Treasury Department over the past year.

AI helping US Treasury bust fraudsters, saving billions

AI technology has significantly enhanced the US Treasury's ability to prevent fraud, saving $4bn in improper payments during the 2024 fiscal year.

AI fraud prevention solution launched | App Developer Magazine

AppsFlyer launched an AI enhancement for Protect360, improving fraud detection and offering marketers greater accuracy and real-time fraud mitigation capabilities.

AI tools helped Treasury recover billions in fraud and improper payments

AI tools in the Treasury Department have greatly enhanced fraud detection and prevention, yielding over $4 billion saved in improper payments in fiscal 2024.

Treasury Department Leverages AI to Save Billions in Taxpayer Money

AI has significantly contributed to preventing and recovering over $4 billion from fraud for the U.S. Treasury Department over the past year.

AI helping US Treasury bust fraudsters, saving billions

AI technology has significantly enhanced the US Treasury's ability to prevent fraud, saving $4bn in improper payments during the 2024 fiscal year.

AI fraud prevention solution launched | App Developer Magazine

AppsFlyer launched an AI enhancement for Protect360, improving fraud detection and offering marketers greater accuracy and real-time fraud mitigation capabilities.

AI tools helped Treasury recover billions in fraud and improper payments

AI tools in the Treasury Department have greatly enhanced fraud detection and prevention, yielding over $4 billion saved in improper payments in fiscal 2024.
moreai-technology

Council Post: An Enemy Hiding In Plain Sight: Tackling Insider Threats

Businesses must be vigilant about both external and internal risks, especially hidden insider threats that can be more damaging than anticipated.
#remote-work

How to Avoid Job Scams (Updated)

Job scams have grown more sophisticated, making them hard to spot even for experienced individuals.
Pig butchering scams are a prevalent and dangerous form of fraud infiltrating remote job searches.

Remembering this unwritten rule can help you avoid a job scam

Job seekers must be wary of scams that ask for payments or personal equipment in exchange for job offers.

How to Avoid Job Scams (Updated)

Job scams have grown more sophisticated, making them hard to spot even for experienced individuals.
Pig butchering scams are a prevalent and dangerous form of fraud infiltrating remote job searches.

Remembering this unwritten rule can help you avoid a job scam

Job seekers must be wary of scams that ask for payments or personal equipment in exchange for job offers.
moreremote-work
#consumer-protection

FTC changes its telemarketing rules to cover growing 'tech support scam' calls

FTC has strengthened rules to combat tech support scams, now allowing actions against them if consumers call first.

Google sues to stop the US from monitoring it like a bank

The CFPB has placed Google Payment Corp. under federal supervision due to consumer risk concerns.
Google disputes the CFPB's findings and has filed a lawsuit to challenge the order.

FTC expands rules to hold tech support scammers accountable

FTC is now targeting inbound tech support scam calls to protect consumers, especially seniors.

FCC Sends Cease-and-Desist to Curb Banking Robocall Scams

The FCC is actively tackling scam calls through coordinated enforcement actions, particularly against providers facilitating fraudulent communications.

FTC changes its telemarketing rules to cover growing 'tech support scam' calls

FTC has strengthened rules to combat tech support scams, now allowing actions against them if consumers call first.

Google sues to stop the US from monitoring it like a bank

The CFPB has placed Google Payment Corp. under federal supervision due to consumer risk concerns.
Google disputes the CFPB's findings and has filed a lawsuit to challenge the order.

FTC expands rules to hold tech support scammers accountable

FTC is now targeting inbound tech support scam calls to protect consumers, especially seniors.

FCC Sends Cease-and-Desist to Curb Banking Robocall Scams

The FCC is actively tackling scam calls through coordinated enforcement actions, particularly against providers facilitating fraudulent communications.
moreconsumer-protection

He Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.

Mr. Long's IRS leadership pick reflects a shift toward leveraging personal trust and extensive networks to navigate tax credit complexities.
#consumer-awareness

Larry Magid: Navigating gifts, giving and online safety

The holiday season offers both opportunities and risks, highlighting the importance of vigilance while online shopping.

Nationwide issues urgent Christmas scam warning for all customers

During the holiday season, regularly checking accounts and being cautious of deals that appear too good to be true is essential to avoid scams.

Meet the new AI grandmother that can scam the scammers on your behalf

An AI chatbot named Daisy by Virgin Media O2 assists users in scambaiting to frustrate and delay scammers effectively.

Larry Magid: Navigating gifts, giving and online safety

The holiday season offers both opportunities and risks, highlighting the importance of vigilance while online shopping.

Nationwide issues urgent Christmas scam warning for all customers

During the holiday season, regularly checking accounts and being cautious of deals that appear too good to be true is essential to avoid scams.

Meet the new AI grandmother that can scam the scammers on your behalf

An AI chatbot named Daisy by Virgin Media O2 assists users in scambaiting to frustrate and delay scammers effectively.
moreconsumer-awareness
#phone-scams

Toronto police warn of phone scam where callers pose as officers | CBC News

Beware of phone scams impersonating police officers asking for personal information.

'AI Granny' is happy to talk with phone scammers all day | TechCrunch

O2's dAIsy chatbot combats phone scams by engaging fraudsters, aiming to protect vulnerable individuals.

Toronto police warn of phone scam where callers pose as officers | CBC News

Beware of phone scams impersonating police officers asking for personal information.

'AI Granny' is happy to talk with phone scammers all day | TechCrunch

O2's dAIsy chatbot combats phone scams by engaging fraudsters, aiming to protect vulnerable individuals.
morephone-scams

Anti-fraud efforts meet real-world test during ACA enrollment period

Unauthorized switching of Affordable Care Act plans has decreased due to federal intervention, but new rules may complicate the enrollment process.

How Viable Are BitVM Based Pegs?

BitVM's sustainability depends on effective liquidity management and user trust in operators.

Ontario to introduce legislation protecting newcomers from fraud and exploitation | CBC News

Ontario is introducing legislation to safeguard newcomers from fraud and exploitation during their immigration process.

Ontario Taylor Swift fans 'crushed' after losing thousands of dollars in alleged Eras Tour ticket scam | CBC News

Dozens of fans in Toronto fell victim to a ticket scam involving fake Taylor Swift concert tickets, totaling over $70,000 in losses.

Get your house in order, says SFO as fraud countdown begins

Large businesses must implement fraud prevention measures within nine months to avoid criminal liability under new guidelines.

How Data Science Helps Fight Synthetic Identity Fraud

Synthetic identity fraud is becoming increasingly common due to technological advancements that make it easier for fraudsters to create fake identities.

Google ad change could affect millions of small businesses

Google Local Services ads now require businesses to have a verified Google Business Profile, affecting small businesses' advertising capabilities.
The verification process may take up to seven business days, posing challenges for small businesses.

Liverpool reveal 75 lifetime bans imposed in ticket touting crackdown

Liverpool significantly intensified their efforts against ticket touting, deactivating many accounts and issuing bans to protect fans.
#google-ads

Google ad change could affect millions of small businesses

Google Local Services ads will now require a verified Google Business Profile for eligibility, impacting small businesses significantly.

Google ad change could affect millions of small businesses

Google Local Services ads will now require businesses to have a verified Google Business Profile to run ads, effective November 21.

Google ad change could affect millions of small businesses

Google's new ad policy demands verified Business Profiles, impacting small business advertising during a crucial seasonal period.

Google ad change could affect millions of small businesses

Google Local Services ads will now require a verified Google Business Profile for eligibility, impacting small businesses significantly.

Google ad change could affect millions of small businesses

Google Local Services ads will now require businesses to have a verified Google Business Profile to run ads, effective November 21.

Google ad change could affect millions of small businesses

Google's new ad policy demands verified Business Profiles, impacting small business advertising during a crucial seasonal period.
moregoogle-ads
#ticket-sales

50,000 Oasis tickets set to be cancelled and sold again on Ticketmaster

Oasis Live '25 promoters are cancelling over 50,000 tickets for breaching sale terms, urging fans to avoid unauthorized resale sites.

Oasis promoters to begin cancelling tickets which have 'broken' rules

Oasis Live '25 ticket sales are being monitored for fraud, with cancellations to be processed and remaining tickets re-released at face value.

50,000 Oasis tickets set to be cancelled and sold again on Ticketmaster

Oasis Live '25 promoters are cancelling over 50,000 tickets for breaching sale terms, urging fans to avoid unauthorized resale sites.

Oasis promoters to begin cancelling tickets which have 'broken' rules

Oasis Live '25 ticket sales are being monitored for fraud, with cancellations to be processed and remaining tickets re-released at face value.
moreticket-sales

Scam artists are 'raiding' EBT cards, draining New Yorkers' accounts

Numerous EBT account raids by scammers are complicating food access for SNAP users, particularly affecting seniors.

Here are the most common election scams and how to keep yourself safe

Scammers are increasingly targeting voters with deceptive registration, surveys, and donation requests during the election season.

Polish identity verification startup Authologic raises 7.5M

Authologic raised $8.2M to enhance global digital identity verification and streamline KYC and AML processes, combatting fraud with innovative e-ID solutions.

Scammers reverse, crash into car in apparent insurance scam | VIDEO

A woman in Queens warns others after capturing a car insurance scam attempt on her dash cam.

How to Stay Safe While Playing at Online Casinos

Understanding risk assessment helps protect players from illegal online casinos.
Choosing licensed and regulated casinos is crucial for safe gambling.
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