Tag Archives: Fraud

27Jul/23

Introducing Norton Genie – Real-Time AI-powered Scam Detection at Your Fingertips

July 27, 2023SecurityConfidence tricks, Deception, Fraud, Hyde Fault, Internet safety, Malay cuisine, Phishing, Social engineering, Spamming, Tanisha Scottadmin

Scams are one of the most pervasive Cyber Safety threats of our time. The sheer volume is staggering – people are collectively wading through 3.4 billion phishing emails on a daily basis – and scams are becoming more sophisticated and harder to spot without help. Today, Norton, a leader in Cyber Safety and part of Gen™ (NASDAQ: GEN), is inviting people to join in the fight against scams by offering early access to Norton Genie, a real-time AI-powered scam detector, to provide an easy, fast and free way to check if texts, emails, websites and social media posts are a scam. Continue reading

27Jun/23

Report: ‘Global scam economy’ thriving in 2023

June 27, 2023EconomyConsumer behaviour, Fraud, Instant payment, Merchandising, Online shoppingadmin

The COVID-19 pandemic catalyzed a digital payments revolution, forever reshaping expectations. Today’s consumers demand flexible, real-time payment options throughout their digital journeys. As banks, fintechs, retailers and other businesses modernize and add apps and offerings to keep pace, criminals cash in on weaknesses at every turn. How are professional fraud fighters striking back? A payments fraud study by Javelin and analytics leader SAS explores the fraud climate in 12 countries and offers eight recommendations for curbing the deluge. Continue reading

22Jun/23

How scammers use psychology to create some of the most convincing internet cons – and what to watch out for

June 22, 2023InternetAdvance-fee scam, Confidence tricks, Creative Commons, Crime, Deception, Fraud, Human behavior, Internet fraud, PAYPAL, Romance scam, Scams, SHUTTERSTOCK, Social engineering, Spamming, Stacey Wood, Technical support scam, United States, Yaniv Hanochadmin

Stacey Wood, Scripps College and Yaniv Hanoch, University of Southampton

Online fraud is today’s most common crime. Victims are often told they are foolish for falling for it, but fraudsters use psychological mechanisms to infiltrate the defences of their targets, regardless of how intelligent they are.

So it’s important to keep up with the latest scams and understand how they work.

Continue reading →

04Jun/23

New Independent Research Study Reveals Majority of Global Financial Institutions Are Unable to Respond Effectively to Fraud and Financial Crime

June 4, 2023FinanceCrime, Financial crime, Financial regulation, Forrester Consulting, Fraud, Money laundering, Property crimes, Property law, Tax evasion, Terrorismadmin

BioCatch, the pioneer of behavioral biometric intelligence and a leader in digital fraud detection, today announced the findings of a new commissioned study conducted by Forrester Consulting on behalf of BioCatch: “Improve Fraud and Anti-Money Laundering Operations With A Proactive And Unified Approach.” The research reveals the reality about the concern and readiness of the world’s largest banks’ ability to effectively respond to the changing fraud and financial crime landscape. This research comes on the heels of increasing media and regulatory body reports that money laundering scams are increasing at alarming rates. Continue reading

09May/23

How high is the pyramid

May 9, 2023FinanceBusiness models, Direct marketing, Direct selling, Distribution marketing), Egypt, Egyptian pyramids, Fraud, Giza Plateau, Giza pyramid complex, Great Pyramid of Giza, Khufu, Marketing, Pyramid, Pyramid scheme, United Statesadmin

The pyramid you are referring to is the Great Pyramid of Giza, which is the largest of the three pyramids in the Giza Necropolis in Egypt. It is also the oldest of the Seven Wonders of the Ancient World. The Great Pyramid was built for the Fourth Dynasty pharaoh Khufu over a period of 20 years, and it originally stood at 146.5 meters (481 feet) tall. However, over the centuries, the pyramid has lost some of its height due to erosion and the removal of its outer casing stones. Today, the Great Pyramid stands at 137 meters (449.5 feet) tall. Continue reading →

21Apr/23

Kamono Farm Initiatives Limited (KFI) a Zambian company is facing allegations of fraud and money laundering.

April 21, 2023LegalConservative talk radio, Crime, Fraud, Kamono Farm Initiatives Limited, KFI, Money laundering, Radio, Radio stations, Zambiaadmin

Kamono Farm Initiatives Limited (KFI) is a Zambian company that was founded in 2012 with the vision of changing the agribusiness landscape by offering farmers a superior service. KFI’s business model is based on contract farming, which allows the company to provide farmers with access to inputs, markets, and technical expertise. This has allowed KFI to help farmers increase their yields and incomes, and to improve the sustainability of their farming practices.

However, in recent years, KFI has been facing allegations of fraud and money laundering. These allegations stem from a number of factors, including:
Continue reading →

09Mar/23

Lloyds Banking Group invests £10 million in digital identity company Yoti

March 9, 2023FinanceBank, Companies, Crime, Digital identity, Financial services, Fraud, Lloyds Bank, Lloyds Banking Groupadmin

Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data. Continue reading

19Nov/22

Norton Encourages Online Shoppers to Stay Safe and Shop Smart This Holiday Season

November 19, 2022SecurityArticles, Buzzword, Christmas and holiday season, Christmas economics, Cyber Monday, E-commerce, Fraud, Human behavior, Identity theft, Marketing, Online shopping, Shoppingadmin

In advance of Cyber Monday, the busiest online shopping day of the year, Norton, a consumer Cyber Safety brand of Gen™ (NASDAQ: GEN), encourages holiday shoppers to take steps to protect themselves from online fraud and identity theft – at its peak during the holidays – to bring back the joy of gifting. Continue reading

08Aug/22

Kenya election: four ways to better safeguard and defend democracy

August 8, 2022PoliticsArticles, Carter Center, Disinformation, Election monitoring, Electoral fraud, Fraud, Health, Jair Bolsonaro, Media manipulation, Nic Cheeseman, Organization for Security and Co-operation in Europe, Petra, University of Birmingham, William Rutoadmin

Nic Cheeseman, University of Birmingham and Petra Alderman, University of Birmingham

More elections are being held than ever – but the number of questionable polls being held around the world is fuelling fears of a “global democratic recession”, whereby the will of the people is not reflected in the results being announced. Two countries with elections coming up in the next few days and months, where opposition parties or international bodies are worried the process will not be fair, are Kenya, which goes to the polls on August 8, and Brazil, which votes on October 2.

Continue reading →

Tag: Fraud