South Korean prosecutors have arrested the boss of cryptocurrency exchange Coinnest for embezzlement and fraud. …read more Source:: Legal
Tag: fraud
Knockout: SEC halts Mayweather-backed ICO, founders charged with fraud
by
•SEC’s new cyber unit has been cracking down on fraudulent ICOs. The latest claimed to raise funds for financial services. …read more Source:: Open Source S
20 suspect hackers arrested over online banking fraud
by
•The group impersonated tax authorities to dupe victims into handing over their account details. …read more Source:: Open Source S
Symantec says biometrics isn’t the answer for protecting against financial fraud
by
•With Australians to soon transfer money in near real-time, banks will need to up their fraud detection capabilities, but Symantec’s local CTO has said biometrics isn’t the way to do …read more Source:: Open Source S
SEC cyber unit files charges over ICO fraud
by
•In a recent ICO, PlexCorps allegedly claimed PlexCoin would yield a 1,354 percent profit in less than 29 days. The SEC isn’t buying it. …read more Source:: Open Source S
Equifax lands $7.25m IRS fraud prevention contract despite its mammoth data breach
by
•Equifax wins an uncontested contract with the IRS, even after its controversial handling of one of the worst data breaches in recent US history. …read more Source:: Legal
Using thumbprints to prevent ID fraud
by
•If you’re worried about identity fraud, you can prevent it – at least in the UK – by requiring a thumbprint to verify any transaction that requires a credit check. …read more Source:: Open Source S
White Ops, Trade Desk partner to tackle ad fraud
by
•The companies aim to block fraudulent ad impressions before they are purchased. …read more Source:: Open Source S
Windows support scams: Here’s how we’re taking down fraud kingpins, says Microsoft
by
•Microsoft is fighting tech-support scammers’ automation with artificial intelligence from its research labs. …read more Source:: Open Source S
Ad fraud loss slides to $6.5 billion worldwide
by
•Digital ad sales are up and vendors are clamping down on fraud schemes designed to siphon cash from the industry. …read more Source:: Open Source S