Latest coverage for Fraud
Stay informed on the latest in information security with updates on fraud prevention, detection techniques, and cyber fraud trends.
Refine the feed
Search across headline titles and summaries.
Tag briefing
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.
India targets Microsoft, Amazon tech support scammers in nationwide crackdown
India's Central Bureau of Investigation (CBI) raided 76 locations in a nationwide crackdown on cybercrime operations behind tech support scams and cryptocurrency fraud. [...]
Tech CEO Sentenced to 5 Years in IP Address Scheme
Amir Golestan, the 40-year-old CEO of the Charleston, S.C. based technology company Micfo LLC, has been sentenced to five years in prison for wire fraud. Golestan's sentencing comes nearly two years after he pleaded guilty to using an elaborate network of phony companies to secure more than 735,000 Internet Protocol (IP) addresses from the American Registry for Internet Numbers (ARIN), the nonprofit which oversees IP addresses assigned to entities in the U.S., Canada, and parts of the Caribbean.
Exploring the Realm of Malicious Generative AI: A New Digital Security Challenge
Recently, the cybersecurity landscape has been confronted with a daunting new reality – the rise of malicious Generative AI, like FraudGPT and WormGPT. These rogue creations, lurking in the dark corners of the internet, pose a distinctive threat to the world of digital security. In this article, we will look at the nature of Generative AI fraud, analyze the messaging surrounding these creations,