Source: consumer.ftc.gov
As fraudsters leverage sophisticated tactics, including artificial intelligence (AI)-powered identity manipulation, the FinTech sector finds itself in the crosshairs of an escalating battle against financial...
The wide availability of selfies on social media has helped fuel artificial intelligence (AI)-powered scams. Speaking to Bloomberg News on Friday (Feb. 28), Center for...
While digital identity crimes are an ever-present threat, fake physical IDs have never gone away. And as The New York Times (NYT) reported recently, these...
In an era where cyber threats are escalating in sophistication and frequency, businesses continuing to rely on outdated cybersecurity models might as well be hiding...
Rhode Island’s public benefits system has reportedly been targeted in a ransomware attack. Hackers breached the online system and have threatened to disclose users’ personal...
The Federal Trade Commission (FTC) is warning consumers about a “massive jump” in a form of online job scams called “task scams.” The FTC received 20,000...
The FTC is sending almost $500,000 in payments to consumers it says were harmed by Vivint Smart Homes. According to a Wednesday (Dec. 4) news release, the Federal Trade...
Law enforcement is warning U.S. banks about the danger of AI-powered identity fraud schemes. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert...
Financial scams have never been more prevalent, but quality data on the number of victims and scale of their losses remains limited. For consumer-facing financial...