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.
Americans aged 60 and older lost a staggering $700 million to online scams in 2024, marking a sharp rise in fraud targeting seniors, according to the Federal Trade Commission. [...]
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A UK government initiative to tackle Companies House fraud has raised security concerns
The malicious ad tech purveyor known as VexTrio Viper has been observed developing several malicious apps that have been published on Apple and Google's official app storefronts under the guise of seemingly useful applications
Nigerian national Chukwuemeka Victor Amachukwu has been extradited from France to the U.S. to face charges of hacking, fraud, and identity theft for suspected spearphishing attacks on U.S. tax preparation businesses. [...]
A Nigerian man accused of hacking, fraud and identity theft has been extradited from France to the US to face charges
Cifas noted a record number of filings in its National Fraud Database for the first half of 2025