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Fraud

CEO Fraud Scams and How to Deal With Them at the Email Gateway

Email scams known as "CEO Fraud" are very common right now. They are a type of "Business Email Compromise" (BEC). There have been numerous recent cases reported in the media, and we too, are seeing many reports by our customers. One customer described these attacks as 'rampant'. The US FBI recently put the estimate of losses in 2015 associated with BEC frauds in the hundreds of millions of dollars.

E-commerce Fraud: A Digital Dilemma

The digital revolution, while bringing about unprecedented convenience and opportunities, has also opened the floodgates to a new wave of threats. E-commerce fraud and account takeover fraud are two such threats that have become increasingly prevalent in recent years. In the face of these challenges, fraud detection software has emerged as a critical tool in the fight against online fraud. This article will explore the role of fraud detection software in combating e-commerce fraud and account takeover fraud.

Phishing Alert: Don't Fall for Barbie Movie Scams

The Barbie movie has captivated audiences worldwide, breaking box-office records and generating massive excitement and enthusiasm among fans. However, as with any major news sensation, threat actors are quick to exploit the fervor surrounding the movie for their malicious gain. The Barbie movie, given its immense popularity, has become an ideal bait for cybercriminals seeking to exploit the frenzy around it.

Barbie-Related Scams Emerge After Recent Movie Release

Scammers are taking advantage of the popularity of the Barbie movie, according to researchers at McAfee. “In the last 3 weeks, we’ve seen 100 new instances of malware that have Barbie-related filenames,” the researchers write. “Once again, this shows how attackers have latched onto the movie’s hype, hoping the people will click the malicious files because the Barbie name is trending. The types of files varied but included typical types such as.html and.exe.

Cybercrime Exposed: Protect Yourself from Invoice Redirection Fraud & Account Takeover

In today's digital age, cybercrime is a real threat that lurks around every corner. Are you aware of the alarming statistics that indicate you could be a potential victim? Don't turn a blind eye to the dangers of cybercrime any longer! Join us in this eye-opening video where we shed light on the notorious tactics used by cybercriminals, specifically focusing on invoice redirection fraud and account takeover, two of the most prevalent methods they employ.

Tech support scammers trick victims into old-school offline money transfer

We're all familiar with tech support scams - where the unwary are tricked into granting remote access to their computers by fraudsters, in the belief that the "tech support person" will fix a non-existent "problem" (such as a "virus infection") or make a refund after claiming that there has been fraudulent activity detected on an account.

Insider Fraud Prevention: Tips & Tricks for Your Organization

Did you know that even organizations with productive and loyal employees frequently suffer from malicious insiders committing fraud? Such insiders are rather difficult to detect because they mishandle data bit by bit alongside their regular work routine. Moreover, their motives can be unobvious, which makes detecting them even more challenging. In this article, we explore insider fraud and its risks, as well as how to mitigate those risks through a comprehensive insider risk management strategy.

Launch Of New Meta Thread App Spawns Hundreds Of Spoof Domains

Researchers at Veriti have observed hundreds of spoofed domains following Meta’s launch of its Threads social media platform. “In recent weeks, we have observed a surge in the creation of suspicious domains, with over 700 domains related to Threads being registered daily,” the researchers write.