Cybercriminals steal over 200,000 euros with AI voice manipulation
A group of cybercriminals has managed to steal $243,000 (€222,000) by using artificial intelligence (AI) and voice technology. Using the technologies, they imitated a British entrepreneur.
The fraud took place in March this year and was carried out by an unknown group of hackers. The news was ... Read more
Fujitsu deploys blockchain against fraud
Fujitsu is going to use blockchain technology in two apps. DocumentFlow makes it possible to track and check documents in order to prevent fraud. With InvoiceFlow companies can prevent incidents with orders and invoices, including invoice fraud.
Fujitsu DocumentFlow is a blockchain-based applicat... Read more
AP withdraws authorization from Fraud Helpdesk to collect phishing emails in
The Fraud Helpdesk may no longer collect examples of phishing and other forms of fraud from the Authority for Personal Data. The reason is that the organisation does not have its homework in order.
The Fraud Helpdesk is an independent foundation that provides information about phishing and other for... Read more
Amazon fell victim to large-scale fraud
Amazon states that it has been the victim of "large-scale" fraud. Unidentified hackers were able to transfer money from vendor accounts to their own bank accounts for six months.
Amazon thinks it was the victim of an online attack by hackers who broke into about a hundred vendor accounts. They then... Read more
Fraudsters abuse enthusiasm around basketball games with phishing attacks
Online fraudsters abuse users' enthusiasm for the March Madness basketball games by targeting phishing attacks and streaming fraud at them. That's what Zscaler's researchers found out.
The researchers discovered multiple phishing websites after searching Google for free livestreams for March Madness... Read more
Huawei spied on by United States in search of evidence for fraud case
Huawei was secretly spied on by the United States. That way, the country tried to gather evidence in the fraud case against the Chinese company. That's what prosecutors in America have announced, Reuters writes.
The evidence was collected through electronic surveillance, but also through physical se... Read more
Oracle accuses Dutch company Tapcore of ad fraud
Oracle accuses the Dutch company Tapcore of ad fraud. The cloud giant argues that it discovered a fraudulent practice in the company's SDK from Voorschoten. Tapcore denies the charge, reports Tweakers. Tapcore also wants to cooperate in an investigation into the case.
Oracle states that it found sof... Read more
FBI rolls up large botnet as part of an anti-fraud operation
The FBI has managed to disrupt a number of botnets. That's what the federal police did as part of an operation to tackle fraudsters. The network that is now disrupted manipulated the Internet traffic of up to 1.7 million IP addresses and generated nearly 30 million dollars in revenue from fraudulent... Read more