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Latest coverage for Fraud

Stay informed on the latest in information security with updates on fraud prevention, detection techniques, and cyber fraud trends.

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Fraud is intentional deception used to obtain money, access, information, or another unfair benefit. In information security, the term commonly covers digitally enabled schemes such as phishing, account takeover, payment fraud, business email compromise, and misuse of stolen identities or credentials. The defining feature is deceptive use of systems, accounts, or data—not merely a technical failure.

Security teams should treat fraud as both an identity and transaction-risk problem. Relevant controls include phishing-resistant authentication, least-privilege access, payment and account-change verification, and monitoring for unusual login or transaction patterns. Personal and financial data require appropriate privacy protections because exposed data can support impersonation even when passwords are not compromised. Investigation must preserve authentication, email, endpoint, and transaction records so organizations can contain unauthorized access, reverse or block fraudulent activity where possible, notify affected parties, and improve controls based on the attack path.

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Bank Info Security 1 year, 5 months ago

Cryptohack Roundup: Critical Ethereum Vulnerability

Also: Conviction in £1.5M Fraud, Sentencing in Torture and Theft CaseThis week's stories include a critical Ethereum vulnerability, conviction in a £1.5M fraud, sentencing in a torture and crypto theft case, SEC's new roadmap, Jan crypto stats, Coinbase social engineering victims, and U.S. lawmakers' digital assets working group.

Bank Info Security 1 year, 5 months ago

Thailand to Cut Off Power to Scam Centers - Will it Work?

Officials Hope to Curb Global Fraud by Targeting Border Operations in MyanmarIn a drastic move to curb fraud along the Myanmar border, Thailand announced plans to cut power and telecommunications in border areas of Myanmar linked to scam operations. The move is aimed at crippling criminal syndicates running notorious call centers that orchestrate scams, financial fraud and human trafficking.