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Bank Info Security 2 months, 1 week ago

Cybercrime's Human Trafficking Problem

Coerced Labor in Scam Compounds Is Reshaping How Enterprises Face Fraud RisksFraud operations in Southeast Asia increasingly rely on trafficked workers forced into scams. This reality challenges assumptions about threat actor behavior, complicates attribution and negotiation, and demands that enterprises rethink fraud prevention and disruption strategies.

Cybersecurity researchers have lifted the veil on a widespread malicious campaign that's targeting TikTok Shop users globally with an aim to steal credentials and distribute trojanized apps

Bank Info Security 2 years, 3 months ago

The Rising Threat of Fake Business Accounts

Prove's Mary Ann Miller on Strategies for Stronger ID VerificationThe banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.