Fraud

Can a Unified Framework Curb the Growing Threat of SMS Fraud?
Security Can a Unified Framework Curb the Growing Threat of SMS Fraud?

The recent rise in SMS fraud has become a pressing issue for the global communications industry. With more than 8.8 billion mobile phone subscriptions worldwide, the SMS channel is critical for both personal and business communications. However, an increasing volume of fraudulent messaging traffic

June 26, 2024
China and UAE Partner to Combat Crypto Crime and Boost CBDC Use
Security China and UAE Partner to Combat Crypto Crime and Boost CBDC Use

As the digital world expands, so does the scope for high-tech crimes. This reality is prompting nations to seek new frontiers of cooperation in combating the darker aspects of innovation—specifically, the misuse of cryptocurrencies. In an era of increasing telecom fraud, online gambling, money l

June 3, 2024
Vodafone Launches Scam Signal to Combat APP Fraud
Security Vodafone Launches Scam Signal to Combat APP Fraud

As the digital era continues to expand, the sophistication of fraudsters keeps pace, necessitating more advanced security measures. Recognizing the uptick in sophisticated social-engineering fraud, particularly in the realm of authorized push-payment (APP) scams, Vodafone has stepped forward with a

April 25, 2024
The Heartbreak of Cyber Love: McKinney Woman Scammed
Security The Heartbreak of Cyber Love: McKinney Woman Scammed

Romance scams are a particularly insidious type of online fraud that targets individuals seeking love and companionship. Scammers, armed with fabricated profiles and imaginative backstories, join dating sites or social networks to charm their potential victims. Their tactics involve feigning

April 25, 2024
How Will the US Crack Down on Crypto Internet Scams?
Security How Will the US Crack Down on Crypto Internet Scams?

The dawn of the digital age has brought about significant advances in financial technology, with cryptocurrencies leading the charge. However, this new financial landscape is not without its risks, as evidenced by the spike in internet fraud across the US. To combat this wave of digital deception,

March 13, 2024
Interpol Report Uncovers Surge in AI-Driven Cyber Fraud Crimes
Security Interpol Report Uncovers Surge in AI-Driven Cyber Fraud Crimes

Global law enforcement is facing a formidable challenge as Interpol's latest findings reveal a seismic shift in criminal activity. Gone are the days when bank robberies and physical heists dominated the headlines; today's criminals have turned to the digital landscape, deploying

March 13, 2024
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