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Google has filed a lawsuit against a group of crypto scammers for allegedly defrauding more than 100,000 people via the Android app store.
cryptocurrency, online fraud, cybersecurity, cryptocurrency exchange
Online protection company McAfee has launched McAfee+ in Spain, Italy, and the Netherlands aiming to protect the privacy, identity, and online security of more consumers.
product launch, expansion, cybersecurity, cybercrime, fraud prevention, digital identity, identity fraud, antivirus, identity verification, online security, transaction fraud, VPN, malware, data breaches, fintech
Han Sahin, CEO of ThreatFabric, explains why financial institutions should avoid investing in a ‘silver bullet’ solution to fight and prevent fraud, and offers advice on how to protect against future attacks
fraud detection, malware, bot attacks, banks, KYC, APP fraud, biometrics, two-factor authentication
Germany’s Federal Financial Supervisory Authority (BaFin) has issued a warning about a new crypto malware named Godfather.
crypto, malware, BaFin, data protection
UK-based telecommunications company EE has launched a cyber security application, in partnership with Norton, designed to provide advanced online security to customers.
cybersecurity, product launch, fraud prevention, digital identity, identity verification
Europol has taken down a fast-spreading Android malware called FluBot following an international law enforcement operation involving 11 countries.
fraud detection, fraud prevention, malware, financial crime
As SMS dependent systems fail to provide secure OTP authentication Edwardcher Monreal, HID Global, explains what the benefits of a good SMS authentication alternative are
online authentication, fraud prevention, two-factor authentication, malware, social engineering
fraud prevention, malware, account takeover
US-based OneSpan has announced that mobile-only bank Orange Money, has integrated OneSpan’s Intelligent Adaptive Authentication (IAA) to help fight online and mobile fraud.
OneSpan, Orange Money, partnership, mobile banking, Intelligent Adaptive Authentication, mobile fraud, AI, multifactor authentication, TID, payments
Srividya Sunderamurthy, Vesta, AML, account takeover, ecommerce, fraud, PII, phishing, credential stuffing, data breaches, merchants, authentication
The Paypers has sat with Martin Kuppinger, founder and principal analyst of KuppingerCole, to discuss the impact of apps that track the spread of coronavirus on keeping our data safe
KuppingerCole, Martin Kuppinger, identity, data privacy, data security, coronavirus, COVID-19, tracking app, digital identity, IAM, Cloud Risk, security
EventBot, Android malware, banking apps, eWallets, cryptocurrency wallets, Cybereason, cybersecurity, Android app, PayPal, Coinbase, CapitalOne, HSBC
Cybertonica, a platform using Machine Learning and AI for delivering authentication, risk analytics and fraud prevention to the payments and fintech sectors, has raised GBP 2 million in Series A funding.
machine learning, AI, Cybertonica, platform, mobile authentication, funding, risk management, Anomalytics platform, UK, risk analytics, fraud prevention, fintech
Ransomware, increasing stealth in malicious Android apps, exploiting misconfiguration in the cloud, and abusing machine learning have been reported by SophosLabs as top cyberattacks.
ransomware, malicious Android apps, cloud, machine learning, cyberattacks, fraud prevention, cybersec, SophosLabs
As 2018 is almost coming to an end, we are looking back at what happened in the fraud prevention industry to see what we can learn and do better in 2019
The Paypers, retrospective, 2018, fraud prevention, identity verification, online authentication, malware, blockchain, cryptocurrency
Another malware discovered in November 2018 and masked as a battery enhancement application, called Android Optimization, can steal 1,000 euros in 5 seconds via PayPal.
Android malware, security, fraud prevention, cyber criminals, gaming apps, PayPal
Cybercriminals have been turning their attention to targeted ransomware attacks that are premeditated and reaping millions of dollars in ransom, according to Sophos 2019 Threat Report.
Sophos, report, malware, ransomware, cybercriminals, IOT, botnets, cyber attacks, fraud prevention
Despite Google’s defences for protecting Android’s official marketplace, security researchers have discovered that cybercriminals still manage to sneak in banking Trojans.
Google Play, banking trojan, online security, fraud prevention, mobile apps
Cryptomining malware has dominated the threat landscape in the first half of 2018, according to an analysis of vulnerability and threat trends.
Cryptomining malware, ransomware, online security, fraud prevention, Skybox Research, cybersecurity, study, cryptocurrency, Monero
MysteryBot, a new malware that targets banking apps, has hit Android devices.
mobile banking, banking trojan, malware, ransomware, cybersecurity, cyberattack, Android, MysteryBot