Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Report: Romance Scams Cost UK Victims £102 Million Last Year

UK residents lost £102 million ($138 million US) to romance scams in 2025, according to a new report from the City of London Police. “Data shows 10,784 reports of romance fraud were made to Report Fraud last year - a 29 percent increase compared with 2024,” the report says. “Police believe this rise is partly driven by increased awareness and confidence in reporting, but it also highlights the ongoing scale and impact of a crime that often unfolds over weeks or months.

INETCO surpasses 100 billion annual transactions as demand for payment fraud protection soars

Monitoring milestone highlights shift toward real-time transaction intelligence as financial institutions face escalating fraud and operational risk VANCOUVER, B.C. — May 21, 2026 — INETCO, a global leader in real-time payment fraud prevention, today announced the monitoring of more than 100 billion transactions per year, empowering financial institutions and payment service providers across more than 30 countries to outsmart fraudsters, stay compliant and keep every customer safe.

How to Calculate the ROI of Brand Protection Software: A Framework for Security Leaders

Security leaders know the threat is real. Getting finance to agree is a different problem. Brand protection ROI is calculable, but most teams never build the model, so the budget request dies in review. The core formula is straightforward: add avoided fraud losses, account takeover (ATO) remediation savings, churn prevention value, and analyst time recovered, then subtract software cost and edivide by that cost.

What Is a Reverse Digital Footprint Audit? How to Track Scammers Using OSINT

A reverse digital footprint audit is the systematic extraction of an entity's online breadcrumbs-emails, IP addresses, aliases, and exposed credentials-to expose the true identity behind a malicious campaign. It turns the attacker's operational security failures against them. You think cybercriminals are ghosts. They aren't. They buy servers. They register domains. They recycle passwords. They get lazy.

FTC: Americans Lost $2.1 Billion to Social Media Scams Last Year

A new report from the US Federal Trade Commission (FTC) has found that Americans lost $2.1 billion in 2025 to scams that began on social media. Nearly 30% of people who reported losing money to a scam said it started on social media, far outpacing other modes of contact.

Analyzing TAX#TRIDENT: Fake Indian Tax Lures Pivot Across ZIP, VBS, Stego and PHP-Wrapped VBS Delivery

Securonix Threat Research tracks TAX#TRIDENT, an active fake Indian Income Tax-themed campaign that uses three delivery paths to reach Windows endpoints. The campaign starts with fake tax assessment lures and then moves victims toward ZIP files, VBScript downloaders, or PHP-looking web endpoints that actually return script content.

The Best Platforms for Bot Management and Account Takeover Prevention in 2026

Online fraud is no longer a niche IT concern. Bots account for nearly half of all internet traffic, and account takeover attacks are costing businesses billions every year. Whether you're protecting a login page, an e-commerce checkout, or a marketing funnel, the platform you choose to defend your digital infrastructure matters enormously. This guide breaks down the top platforms across two categories: account takeover (ATO) prevention and bot management. Each list ranks solutions based on specialization, detection depth, and real-world effectiveness.

Regulation E and Digital Banking Fraud: What Financial Institutions Need to Know

Fake banking sites aren’t just a customer problem. CFPB guidance makes clear that when a fraudster obtains account access information through deception and uses it to initiate a covered EFT, the transfer may qualify as an unauthorized EFT under Regulation E. That means cloned login pages can create investigation obligations, provisional credit requirements, and reimbursement exposure for banks, even when the customer typed the password themselves.

INETCO's Bijan Sanii on the threat every South African bank should be worried about

Article by Luis Monzon originally published on MyBroadband, May 9, 2026. Anthropic’s AI model Mythos, part of its Claude software, represented a clear threat to banks and financial institutions in South Africa. This is according to Bijan Sanii, CEO of Canadian fraud detection provider INETCO. Anthropic, one of the world’s most important generative AI makers, positioned Mythos as an extremely capable AI model designed to identify vulnerabilities in critical software beyond human capabilities.