Cybercrime

The Federal Reserve's new FedNow Service allows instant money transfers but may exacerbate online fraud, experts warn. The service presents unique challenges due to its irreversible and rapid transactions.

Cyber insurance premiums are soaring as insurers limit what's covered, exposing a gap in cybersecurity financial safety nets, according to a new report.

Artificial intelligence technologies are aiding investigators in identifying and combating internet crimes against children, with tools that can locate offenders, point out potential victims, and quickly gather crucial data.

Scammers, posing as bioscience and health companies, are enticing students to attend a video call about a job with the intention of getting them to pay bogus fees as a condition of employment.

The retail sector continues to endure the full impact of cyberattacks, shouldering the weight of being the most targeted industry for malicious activities.

The findings of a new report highlight the growing urgency for cybersecurity measures in response to the increasing threat of email attacks crafted with generative AI.

Researchers reveal a novel security risk as hackers exploit generative AI's 'hallucinations' to deliver malicious code into a company's development environment, posing a growing threat to enterprise security.

The U.S. Department of Justice has another feather in its cyberwarfare cap after taking down the cybercrime network of Turla, a criminal gang linked to Russia called one of the world's most sophisticated cyber-espionage groups.

To combat chargeback fraud in e-commerce, follow these tips on utilizing machine learning, analytics, and end-to-end solutions while prioritizing customer experience. Discover how to effectively fight fraud and maintain a seamless shopping experience for legitimate customers.

Consumers in the U.S. lost more than $4 billion to investment scams in 2022, and this year is expected to be worse. This rip-off trend is growing as investment scams become increasingly sophisticated and widespread, taking advantage of the rise of digital technologies.

If crime doesn’t pay, some cybercriminals wouldn’t know it. A top team member in a cybercrime outfit like Conti can make an estimated US$1.1 million a year, according to a report released Monday by Trend Micro. Since cybercrime groups don’t file reports with the SEC, the salary ear...

Tax fraud schemes in 2022 netted scammers $5.7 billion, more than twice the amount of the previous year, according to the Internal Revenue Service, and there doesn’t appear to be any letup in sight.

The rapid growth of digital fraud by consumers working with dark web-based gangs is a symptom of fraud's accessibility and democratization among everyday internet users.

Digital Forensics Corporation is waging war to protect and educate the public about a rapidly growing trend in cybercrime dubbed sextortion, where online predators target teens and young adults with threats to expose sensitive personal photos.