#fraud-prevention

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#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.

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.

Google calls for halting use of WHOIS for TLS domain verifications

Threat actors can exploit WHOIS data verification to fraudulently obtain TLS certificates, prompting calls for a reevaluation of verification practices.

Mastercard pays $2.65B for threat intel biz Recorded Future

Mastercard acquires Recorded Future for $2.65 billion to enhance cybersecurity and fraud prevention capabilities using advanced AI technologies.

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.

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.

Google calls for halting use of WHOIS for TLS domain verifications

Threat actors can exploit WHOIS data verification to fraudulently obtain TLS certificates, prompting calls for a reevaluation of verification practices.

Mastercard pays $2.65B for threat intel biz Recorded Future

Mastercard acquires Recorded Future for $2.65 billion to enhance cybersecurity and fraud prevention capabilities using advanced AI technologies.
morecybersecurity
#scams

Parents warned of disturbing kidnapping scheme using kids' voice replicas

AI technology is enhancing the effectiveness of phone scams by replicating voices to create fake kidnapping scenarios.

Bank issues scam warning as 46 per cent of people don't know it even exists

AI voice cloning scams threaten individuals by imitating voices to solicit money urgently.
Public awareness of voice cloning scams is alarmingly low, with 46% unaware they exist.
Creating safe phrases with family can help verify identity during suspected scams.

Facebook owner Meta forms data-sharing pact with UK banks to counter scams

Meta collaborates with U.K. banks to combat fraud by sharing data to detect and eliminate scam accounts effectively.

For security, we have to stop picking up the phone | TechCrunch

Voice AI technology is being exploited by scammers to impersonate individuals, making verification essential.

This Is The Single Biggest Red Flag That You're About To Get Scammed

Trust your instincts and verify claims before acting; scammers manipulate by using personal information.

Meta Outlines Its Efforts to Combat 'Pig Butchering' Scams

'Pig butchering' scams manipulate online relationships to fraudulently extract money from vulnerable individuals, prompting action from Meta against these criminal networks.

Parents warned of disturbing kidnapping scheme using kids' voice replicas

AI technology is enhancing the effectiveness of phone scams by replicating voices to create fake kidnapping scenarios.

Bank issues scam warning as 46 per cent of people don't know it even exists

AI voice cloning scams threaten individuals by imitating voices to solicit money urgently.
Public awareness of voice cloning scams is alarmingly low, with 46% unaware they exist.
Creating safe phrases with family can help verify identity during suspected scams.

Facebook owner Meta forms data-sharing pact with UK banks to counter scams

Meta collaborates with U.K. banks to combat fraud by sharing data to detect and eliminate scam accounts effectively.

For security, we have to stop picking up the phone | TechCrunch

Voice AI technology is being exploited by scammers to impersonate individuals, making verification essential.

This Is The Single Biggest Red Flag That You're About To Get Scammed

Trust your instincts and verify claims before acting; scammers manipulate by using personal information.

Meta Outlines Its Efforts to Combat 'Pig Butchering' Scams

'Pig butchering' scams manipulate online relationships to fraudulently extract money from vulnerable individuals, prompting action from Meta against these criminal networks.
morescams
#ftc

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.

FTC expands rules to hold tech support scammers accountable

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

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.

FTC expands rules to hold tech support scammers accountable

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

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.
#ai

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.

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

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

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.

'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.

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.

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.

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

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

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.

'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.

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.
moreai

How Viable Are BitVM Based Pegs?

BitVM's sustainability depends on effective liquidity management and user trust in operators.
#consumer-awareness

6 Tips to Stay on Top of Fraudster's Latest Tricks

Identity theft is increasingly concerning, with over 1,300 data breaches reported in 2024.

Larry Magid: Navigating gifts, giving and online safety

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

Card skimmer found in Cambridge near Central Square

Cambridge police warn the public after a card skimmer was found, urging vigilance due to similar incidents statewide.

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.

6 Tips to Stay on Top of Fraudster's Latest Tricks

Identity theft is increasingly concerning, with over 1,300 data breaches reported in 2024.

Larry Magid: Navigating gifts, giving and online safety

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

Card skimmer found in Cambridge near Central Square

Cambridge police warn the public after a card skimmer was found, urging vigilance due to similar incidents statewide.

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

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.

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.

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.
#telecommunications

O2 deploys AI granny against scammers

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

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.

O2 deploys AI granny against scammers

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

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.
moretelecommunications
#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.

Identity fraud detection and prevention - London Business News | Londonlovesbusiness.com

Identity fraud is escalating significantly, necessitating improved detection and prevention strategies.

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.

Identity fraud detection and prevention - London Business News | Londonlovesbusiness.com

Identity fraud is escalating significantly, necessitating improved detection and prevention strategies.
morecybercrime

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.

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.
#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 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 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

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.
#digital-identity

GSA testing finds variations in the accuracy of digital ID verification tech

The GSA study indicates substantial differences in performance among digital identity verification solutions, highlighting the need for equitable technology.

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.

GSA testing finds variations in the accuracy of digital ID verification tech

The GSA study indicates substantial differences in performance among digital identity verification solutions, highlighting the need for equitable technology.

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.
moredigital-identity

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.
#consumer-protection

Banks to gain new powers to freeze large payments for fraud checks

UK banks will have new powers to freeze payments suspected of fraud for up to four days, aimed at enhancing protection against scams.

Warning over three-day delayed bank payments under new rules

New rules may delay bank payments by up to three days to enhance fraud investigation and customer protection.

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.

Banks to gain new powers to freeze large payments for fraud checks

UK banks will have new powers to freeze payments suspected of fraud for up to four days, aimed at enhancing protection against scams.

Warning over three-day delayed bank payments under new rules

New rules may delay bank payments by up to three days to enhance fraud investigation and customer protection.

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

The 4 Best Ecommerce Payment Solutions for 2024

Ecommerce stores require secure payment solutions for online transactions, emphasizing security features and support for various payment methods.

SFMTA uncovers elaborate scam at SF's Fisherman's Wharf

Fisherman's Wharf is experiencing a resurgence of parking scams, with recent fake QR codes targeting tourists.
The SFMTA continues to combat various parking-related scams, reinforcing the need for vigilance among visitors.

Google Search is testing verified checkmarks for legitimate businesses

Google is testing blue verified checkmarks to identify legitimate businesses in search results.
The feature aims to help prevent users from visiting fraudulent sites.

How Scammers Are Using AI to Try to Steal Multimillion Dollar Properties

Deed fraud is becoming increasingly common, with a notable rise in cases linked to advanced technology and organized scams.
#california-education

Another major report recommends California charter school oversight reforms after $400 million fraud case

California's charter school audits need urgent reforms to prevent fraud and enhance oversight following significant fraud cases like A3.

California task force tackled charter school accountability. Here's what it recommended

California is implementing 20 recommendations to combat charter school fraud following a major fraud case.
The primary goal of the recommendations is to prevent fraud before it occurs.

Another major report recommends California charter school oversight reforms after $400 million fraud case

California's charter school audits need urgent reforms to prevent fraud and enhance oversight following significant fraud cases like A3.

California task force tackled charter school accountability. Here's what it recommended

California is implementing 20 recommendations to combat charter school fraud following a major fraud case.
The primary goal of the recommendations is to prevent fraud before it occurs.
morecalifornia-education

UK government's bank data sharing plan blasted by critics

UK proposals to force banks to share data from benefit claimants are seen as a breach of privacy and could lead to unjust scrutiny.

FIFA issues re-sale warning for 2026 WC tickets

Fans should only purchase World Cup tickets from official FIFA sources, as sales won't start until late 2025.
#driver-safety

Uber is now asking riders to get verified as a safety measure for drivers

Uber has introduced a rider verification feature to enhance driver safety and confidence.

DVSA issues parking scam warning as fake texts are sent to UK drivers

UK drivers are warned about parking fine scams impersonating government agencies, particularly the DVSA.

Uber is now asking riders to get verified as a safety measure for drivers

Uber has introduced a rider verification feature to enhance driver safety and confidence.

DVSA issues parking scam warning as fake texts are sent to UK drivers

UK drivers are warned about parking fine scams impersonating government agencies, particularly the DVSA.
moredriver-safety

Long-term benefit claimants need to look for work if they can, says Starmer

Long-term benefit claimants should look for work, with support promised for their transition.

More secure EBT cards coming to California. Here's when they'll go out

California is improving EBT card security for low-income families, but a delay in implementation exacerbates ongoing theft issues.
The state has been slow to address known vulnerabilities in EBT card security, causing financial hardship for families.

Uber launches new rider verification program as a safety measure for drivers across the US

Uber is expanding its rider verification program to enhance safety for both drivers and passengers starting September 18.

Nigeria cracks the whip on fake university degrees DW 09/10/2024

Nigeria is committed to eradicating fraudulent university degrees to protect educational integrity and employers.

Council Post: How Web3 And Blockchain Are Transforming Advertising Through Transparency

Blockchain technology enhances transparency, security, and efficiency in digital advertising, addressing key challenges like fraud and high costs.

Amazon rejects plea to stop selling taxi roof signs as cab scam spreads across Canada | CBC News

A Calgary woman fell victim to a taxi scam where nearly $2,000 was stolen using a fraudulent debit card trick.
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