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Fraud

How Secure Bookkeeping Protects Your Business From Financial Fraud

Protect your business from financial fraud in the fast-moving business environment of today. Secure bookkeeping techniques will prove to be your best defense against real threats that can very easily wreak havoc on your business. Let's explore how secure bookkeeping measures can help safeguard your financial health while ensuring that your business thrives.

Financial Services Industry Experiences a Massive Increase in Brand Abuse

Industry analysis of the domains used behind phishing and brand impersonation attacks show financial institutions are being leveraged at an alarming rate. It’s one thing to see your industry at the top of some “state of” cybersecurity report, but it’s entirely different to learn that 68% of all phishing web pages identified in a single quarter are from your industry. That’s exactly what we find in Akamai’s latest analysis of websites across the Internet.

What To Do if a Scammer Has Your Phone Number

If a scammer has your phone number, you should lock your SIM card, secure your online accounts with strong passwords and block spam calls from your phone. With your phone number, scammers can do several things, including target you with phishing attacks, spam calls, spoofing attacks and SIM swapping. These kinds of cyber attacks can lead to your personal information being compromised and even your identity being stolen.

Threat Actors Behind MFA Bypass Service 'OTP Agency' Plead Guilty to Fraud

The criminal prosecution of the threat actors behind the "OTP Agency" has highlighted an ingenious new tactic that cybercriminals can use to bypass multi-factor authentication. The OTP Agency launched back in November of 2019. Their service was simple: if you have a compromised credential, their service would call the credential owner and pose as the website the account was for citing fraudulent activity, and ask the owner to verify themselves by providing the one-time password (OTP) sent to them via SMS.

The Growing Threat Of Fake Job Applicants

It cannot be denied that the rise of remote work has opened up many opportunities for both employers and job seekers. Despite this, however, it has also presented a plethora of challenges when it comes to recruiting in the cybersecurity and tech spaces, one of the most notable of which is the proliferation of candidates who either don’t exist entirely or who aren’t who they claim to be.

Facebook Marketplace Scams To Avoid in 2024

In 2024, you should avoid several Facebook Marketplace scams, including those related to mobile payments, gift cards, stolen items and rental properties. Facebook Marketplace is part of Facebook and it allows you to buy or sell items from local individuals or small businesses. Since some Facebook Marketplace transactions occur online, there are various ways you could fall victim to these types of scams.

Ten Ways You Can Avoid Debit Card Fraud

Having your debit card information stolen or used by someone else to impersonate you can be stressful and damaging to your finances and identity. To avoid becoming a victim of debit card fraud, you should secure your bank accounts with strong passwords, use your credit card for purchases, be cautious of phishing scams and more. Continue reading to learn what debit card fraud is and how to avoid becoming a victim of it.

Top 10 Fraud Protection Services

Fraud isn’t just evolving- it’s exploding. What once involved old-fashioned pickpockets and stolen wallets is now a digital battlefield. And scammers are getting increasingly creative, too. From sophisticated cloned websites to deceptive phishing schemes, they are making it substantially harder for businesses to protect themselves and their customers.

Introducing Ephemeral IDs: a new tool for fraud detection

In the early days of the Internet, a single IP address was a reliable indicator of a single user. However, today’s Internet is more complex. Shared IP addresses are now common, with users connecting via mobile IP address pools, VPNs, or behind CGNAT (Carrier Grade Network Address Translation). This makes relying on IP addresses alone a weak method to combat modern threats like automated attacks and fraudulent activity.