Triangulation fraud: The costly scam hitting online retailers

In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among merch… Continue reading Triangulation fraud: The costly scam hitting online retailers

People doubt their own ability to spot AI-generated deepfakes

23% of Americans said they recently came across a political deepfake they later discovered to be fake, according to McAfee. The actual number of people exposed to political and other deepfakes is expected to be much higher given many Americans are not … Continue reading People doubt their own ability to spot AI-generated deepfakes

76% of consumers don’t see themselves as cybercrime targets

67% of consumers across the globe are concerned about the security and privacy of AI, according to Bitdefender survey. AI uses personal data to feed its machine learning algorithms, and the rising amount has raised serious concerns about data storage, … Continue reading 76% of consumers don’t see themselves as cybercrime targets

Scammers steal millions from FTX, BlockFi claimants

Customers of bankrupt crypto platform BlockFi have been targeted with a very convincing phishing email impersonating the platform, asking them to connect their wallet to complete the withdrawal of remaining funds. Judging by this Reddit thread, many ha… Continue reading Scammers steal millions from FTX, BlockFi claimants

Tax-related scams escalate as filing deadline approaches

As the April 15, 2024 tax filing deadline approaches in the US, some old and some new tax-related scams targeting both taxpayers and tax professionals. Tax-related scams targeting taxpayers With taxpayers rushing to file their personal federal income t… Continue reading Tax-related scams escalate as filing deadline approaches

Airbnb scammers pose as hosts, redirect users to fake Tripadvisor site

Scammers on Airbnb are faking technical issues and citing higher fees to get users to a spoofed Tripadvisor website and steal their money. The Airbnb scam Malwarebytes researchers came across the Airbnb scam when trying to book an apartment through the… Continue reading Airbnb scammers pose as hosts, redirect users to fake Tripadvisor site