Stay informed on the latest in information security with updates on fraud prevention, detection techniques, and cyber fraud trends.
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Background for this topic.
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.
An international law enforcement action led by the U.K.'s National Crime Agency (NCA) has identified over 20,000 victims of cryptocurrency fraud across Canada, the United Kingdom, and the United States. [...]
Cops bust latest scam, return $12m to bilked victims US, UK, and Canadian law enforcement Thursday said that they disrupted a $45 million global cryptocurrency scam, freezing $12 million in stolen funds and identifying more than 20,000 cryptocurrency wallet addresses linked to fraud victims across 30 countries.…
As traditional fraud markers become obsolete, we must treat digital identity as critical infrastructure and adopt a layered, real-time defense to neutralize sophisticated crime rings. The post Don’t just fight fraud, hunt it appeared first on CyberScoop.
Cyber-fraudsters move quickly from compromised devices to account takeover to funds transfer, shifting money before many financial institutions can react.
U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says. [...]
Bots are now firmly in the toolbox, helping crooks scale old scams Crims are taking advantage of AI to sharpen old scams. The FBI reported Monday that cybercrime losses hit a record $20.87 billion in 2025, with help from bots.…
Cryptocurrency scams alone cost victims over $7 billion, while AI-enabled fraud threats are on the rise, says FBI