The president’s speech re-hashed debunked conspiracies around U.S. elections. Critics say the administration’s 18-month investigation into voter fraud has been a total failure. The post State officials, election experts pan Trump speech: ‘This is what desperation looks like’ appeared first on CyberScoop.
Latest coverage for Fraud
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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.
Inside the Search for "Clean" Residential Proxies for Carding
Residential proxies are no longer the silver bullet they once were for carding. Flare explains why cybercriminals increasingly seek "clean" residential proxies and combine them with browser fingerprints, device profiles, and other identity signals to evade modern fraud detection. [...]
US charges two over laundering $43 million from investment fraud
U.S. prosecutors on Thursday charged a New York man and woman for their roles in a large-scale crime ring that laundered money stolen in cyber investment fraud scams. [...]
Police Disrupt a €140M Cyber Fraud Ring in Spain
Iberian hackers carried out a variety of cyberattacks and laundered the winnings through complex financial networks.
Dutch police bust investment fraud ring stealing over €100 million
The Dutch Police announced the arrest of multiple individuals suspected of being part of an international investment fraud scheme estimated to have tens of thousands of victims. [...]
Spanish Police take down €140 million cyber fraud ring, arrest four
The Spanish Police dismantled a cybercrime and money-laundering organization that made €140 million ($160 million) from investment fraud and business email compromise (BEC) attacks. [...]
'The bots are alive!' Jailbroken Gemini spun up new C2 server for Russian fraudster in just 6 minutes
Human did 10% of the job, AI did 90%
Five Charged in “Russian Coms” Fraud Platform Case
Five UK residents have been charged in relation to supplying Russian Coms fraud devices and apps
How to Defend Against AI-Powered Identity Fraud
Discover how deepfakes, voice cloning, and AI-powered phishing are reshaping digital deception—and learn practical strategies to strengthen identity security with real-time, AI-driven defenses.