1+ day, 14+ hour ago   (692+ words) Artificial intelligence’s command of online search results played a role in legitimizing the romance scam allegedly perpetrated by phony financial advisor Taylor Chan and Daejon Love, a 35-year-old who pretended to be a wealthy investor and NFL player for the…...

1+ day, 9+ hour ago   (640+ words) Why organizations are moving past full digital sovereignty Canada eyes researchers looking to leave ‘hostile’ US AI-powered fraud is becoming personal: How cybercriminals are exploiting trust at unprecedented scale Robotics meets ultrafast lasers: Could a new generation of tools transform…...

1+ day, 15+ hour ago   (382+ words) Singapore is moving fraud detection beyond the data held by individual banks, testing whether financial institutions, law enforcement and the regulator can identify suspicious payment chains through a shared testing setup. London's trading industry is coming home! The Monetary Authority…...

2+ day, 4+ hour ago   (501+ words) TUCSON, Ariz. (13 News) - The Pima County Sheriff’s Department said fraud is up nationwide as scammers find more creative ways to target victims. The PCSD said the scams are different and more complex than in the past, with a lot of…...

2+ day, 4+ hour ago   (356+ words) In South Africa, Daily Maverick journalist Caryn Dolley reported receiving unsolicited emails from people posing as literary agents, publishers and representatives of book promotion platforms. Such messages may contain excessive praise, corporate-looking addresses and signs of the use of generative…...

2+ day, 12+ hour ago   (227+ words) ROCKFORD, Ill. (WTVO) — As Grandparents’ Day nears, the Better Business Bureau is warning consumers about scams that use artificial intelligence to mimic the voices of family members and friends. The BBB says these scams usually involve a call, text, or email…...

2+ day, 16+ hour ago   (359+ words) INDIANAPOLIS – AI is growing in practically every profession, and is touted as a valuable and efficient asset. Indiana officials report downsides, including business logo replication to steal personal and financial details and voice cloning for use in fake emergency distress…...

2+ day, 14+ hour ago   (264+ words) Carousel VAT fraud drains €50 billion annually from European treasuries, outpacing HSBC's $22 billion net income and inflating compliance costs for global lenders. Bullough argues carousel fraud has no earnings ceiling, pushing criminal gangs to collaborate rather than compete, enabling ever-larger and…...

2+ day, 21+ hour ago   (417+ words) This image is AI-generated. What action did OFAC take against Xinbi Guarantee? OFAC designated Xinbi Guarantee as a significant transnational criminal organization under Executive Order 13581, as amended. The action blocks property and interests in property subject to U.S. jurisdiction and generally…...

2+ day, 17+ hour ago   (366+ words) A former AT&T employee sold insider access to hackers for as little as $1,000 per swap, enabling thieves to intercept banking two-factor authentication codes. Kenneth Carter, a 44-year-old former AT&T retail employee in Portland, Oregon, has been sentenced to…...