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Fraud

What is PPP Loan Fraud?

When the pandemic hit in 2020, our world became chaotic overnight. Throughout the nation, individuals were met with layoffs or stringent checks—pushing the financials of families to their breaking points. Simultaneously, business organizations faced similar issues; because fewer bodies were allowed in the same area, production trickled to a minimum, niche clients limited their spending, and small businesses counted the days until their doors closed.

Anyone Can Be Scammed and Phished, With Examples

I recently read an article about a bright, sophisticated woman who fell victim to an unbelievable scam. By unbelievable, I mean most people reading or hearing about it could not believe it was successful. A group posing as an Amazon employee and various U.S. law enforcement agencies were able to convince a woman to take $50,000 out of her bank account in cash and hand it off to a complete stranger in the streets. It is a wild story and most of us would not be tricked into doing what happened to her.

Malvertising Campaign Spreads Phony Utility Bills

A widespread malvertising campaign is attempting to trick users into paying phony utility bills, according to researchers at Malwarebytes. “We discovered a prolific campaign of fraudulent ads shown to users via Google searches,” the researchers write. “To give an idea of scale, the number of ads we found exceeds what we have found in previous malvertising cases....The scam begins when a user searches for keywords related to their energy bill.

A Guide to the 2 Main Types of Retail & E-Commerce Fraud

The first step in combating retail fraud is learning which forms it takes. That’s easy enough, because there are two main types of retail and eCommerce fraud today: The second step in stopping retail fraud from harming your business is to understand how each type of fraud works, then implement a strategy to protect against it.

The Big Payback: How to Scam a Scammer

When encountering a scammer online, the best method is to block, report, and move on. Let the law take charge of handing out consequences to scammers, and you can focus on stopping scammers in their tracks. Sometimes, this can be more challenging as online scammers become more adept at tricking people into believing their lies, using technology, social engineering, and emotional manipulation to achieve their aims.

Love in the Time of Cyber Threats: Romance Scams and Dating App Cybersecurity

As the digital attack surface expands, organizations and individuals worldwide face the nonstop threat of cyberattacks, phishing scams, and other cyber vulnerabilities. And with Valentine’s Day here, romance scams — especially ones originating online — are intensifying. With that in mind, SecurityScorecard’s researchers took a close look at the world of dating app security and romance scams to protect people—and their hearts—during Valentine’s Day.