Ukraine Busts Gang for Massive $4.3 Million Phishing Scams

By Habiba Rashid
The Ukrainian Cyber Police carried out 30 searches and managed to seize computer equipment, mobile phones, SIM cards, and other equipment.
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Do Kwon, Founder of Terraform Labs, Arrested in Montenegro

By Habiba Rashid
Reportedly, Do Kwon was caught using falsified documents at an airport in the capital city of Montenegro.
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Google Suspends Chinese Shopping App Pinduoduo Over Malware Concerns

By Waqas
Pinduoduo has confirmed the incident, but denied the presence of malware in its app.
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The SVB demise is a fraudster’s paradise, so take precautions

For those who haven’t followed the drama, Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation, after a bank run that followed an insolvency risk and a stock crash. The Federal Deposit Insurance Cor… Continue reading The SVB demise is a fraudster’s paradise, so take precautions

Fighting financial fraud through fusion centers

Keeping up with financial fraud is incredibly difficult because accurate fraud detection requires a deep, real-time analysis of all the events surrounding a transaction. Consider a typical payment transaction: A single transfer of funds to a new payee … Continue reading Fighting financial fraud through fusion centers