Synthetic identity fraud calls for a new approach to identity verification

In 2022, US financial institutions and the credit card sector lost an estimated $4.88 billion to synthetic identities through falsified deposit accounts and unsecured credit cards. That’s because legacy fraud prevention procedures often come up short i… Continue reading Synthetic identity fraud calls for a new approach to identity verification

BidenCash Market Leaks 2M Credit Cards in Birthday Blitz

By Waqas
As analyzed by Hackread.com, the leaked details contain over 500,000 email addresses along with credit card numbers and CVV codes in plain text.
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Resecurity identified the investment scam network Digital Smoke

Resecurity identified one of the largest investment fraud networks by size and volume of operations created to defraud Internet users from Australia, Canada, China, Colombia, European Union, India, Singapore, Malaysia, United Arab Emirates, Saudi Arabi… Continue reading Resecurity identified the investment scam network Digital Smoke

FTC reveals alarming increase in scam activity, costing consumers billions

Newly released Federal Trade Commission (FTC) data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the previous year. Losing money to investment and imposter scams Consumers reported l… Continue reading FTC reveals alarming increase in scam activity, costing consumers billions

The mobile malware threat landscape in 2022

Android threat report by Kaspersky for 2022: malware on Google Play and inside the Vidmate in-app store, mobile malware statistics. Continue reading The mobile malware threat landscape in 2022

Ethical hacker among 3 arrested for blackmail and ransomware attacks

By Waqas
The suspects are allegedly involved in hacking, issuing threats, stealing data, laundering money, and extorting
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Employees at Gaming Giant Activision Hit by SMS Phishing Attack

By Deeba Ahmed
The attack was successful as hackers sent SMS phishing links to several employees at Activision, and one of them fell prey to it.
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Franco-Israeli Gang Linked to $40 Million CEO Scam Busted

By Habiba Rashid
Europol searched 8 houses in Israel and France, with the main culprit arrested in Israel along with seven others.
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