#fraud-prevention

#fraud-prevention

Wealthy Gen Z and millennials are increasingly engaging in online scamming, particularly through 'digital shoplifting' schemes.

Scambaiting is on the rise as a response to increased sophisticated scams, allowing individuals to combat scammers directly.

Singer Daniel O'Donnell warns fans about fake hospital image circulating online, assuring them he is healthy and urging caution against scams.

Companies House has collected only 2% of fines despite having new powers to tackle company registration fraud.

Companies House has collected only £1,250 in fines despite new enforcement powers to combat fraud and corporate abuse.

ActBlue weakened its fraud policy during the 2024 election, leading to an influx of illegal donations from foreign entities.

ActBlue is under scrutiny from Republican leaders for alleged fraud prevention shortcomings and executive resignations.

Insurance companies must implement robust customer identity access management solutions to combat fraud risks effectively.

The UK's R&D tax credit scheme is reforming to combat fraud and simplify access for legitimate claimants.

HMRC has launched a disclosure service for companies that overclaimed R&D tax relief, amidst increased scrutiny and and loss of tax revenue.

Tom's Law warns about text message toll scams

Scammers impersonate toll agencies to collect fees

FTC advises caution against phishing schemes

Natural disaster victims should be aware of scammers impersonating agencies and contractors, especially those pushing for quick actions or upfront fees.

Fraudsters exploit urgency to deceive individuals into sharing personal information.

Scammers exploited job seekers by stealing millions in cryptocurrency, leading to legal action by New York's attorney general.

A couple lost their life savings to a scam after being tricked into providing bank details over the phone.

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

Charm Security addresses $1.03 trillion in global losses from scams by focusing on human vulnerabilities using AI and psychological insights.

O2's chatbot Daisy engages and frustrates internet fraudsters, wasting their time to protect potential scam victims.

Financial services executives are increasingly turning to AI to improve credit risk management and fraud prevention strategies.

Proposed changes to SSA's identity verification process could disrupt services and raise concerns among advocacy groups.

Social Security Administration is tightening identity verification processes to combat fraud.

Recipients must visit field offices instead of using phone or online services for identity checks.

Elon Musk is pushing for improvement in government spending regulations with DOGE, exposing outdated processes and potential fraud.

SSA tightens identity-proofing measures to combat fraud.

New Yorkers must verify identity in-person, eliminating phone options.

Social Security Administration requires in-person identity verification to combat fraud, affecting applicants and beneficiaries, especially the elderly.

Social Security is facing potential insolvency due to mismanagement, but new auditing methods may help preserve it for future generations.

Social Security Administration offices are closing nationwide, impacting fraud prevention efforts and requiring in-person visits by service recipients.

Short staffing and new ID requirements at Social Security offices could hinder access for many Americans.

Elon Musk aims to eliminate perceived fraud in government spending through the Department of Government Efficiency (DOGE).

Elon Musk's affiliates advocate for identity verification in government benefit payouts to combat fraud.

DOGE's approach to auditing is not aligned with traditional auditing practices, according to experienced federal auditors.

Sends will showcase innovative payment solutions at the Pay360 Conference.

Closinglock raised $34 million to enhance fraud prevention in real estate, having protected over $500B in transactions and prevented $1.24B in losses.

Sends is showcasing its innovative payment solutions at Pay360 Conference 2025, emphasizing security and efficiency.

CM.com acquires GUTS Tickets to enhance ticketing solutions using blockchain technology.

Netnumber developed a Fraud Prevention Registry to fight telecom fraud costing $12.5 billion, designed to help telecom firms share fraud information securely.

The FCC proposed a $4.5 million fine against Telnyx for allowing scammers to impersonate agency staff in robocalls.

Beware of phone scams using Toronto police's real phone number to impersonate officers.

Do not provide personal information to unknown callers.

Beware of texting scams regarding unpaid parking citations in San Francisco.

Beware of a sophisticated scam requesting banking details through text messages and calls.

Always directly verify any request for personal and banking information.

California faces a growing card skimming threat, with compromised cards and financial losses escalating dramatically.

A woman had money withdrawn from her Chase account by someone impersonating her, with no card or PIN required.

Ray Cortez, a 90-year-old New Yorker, faces eviction after being a victim of deed theft, losing his home of over 50 years.

Public urged to remain cautious of fraudulent tradespeople and dangerous electrical hazards post-storm.

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

Banking organizations must enhance due diligence practices to combat rising cyber criminality effectively.