Cyber-Fraud Crackdown: Global Police Arrest 5500 and Seize $400m
In a significant move against cybercrime, global police forces have arrested over 5500 individuals as part of an extensive crackdown...
fraud
UK Scam Losses Surge 50% Yearly, Reaching £11.4 Billion
In the past year, UK consumers have faced an alarming rise in online fraud, with scam losses increasing by 50%...
Tackle the Fraud Epidemic: ICO Calls for Enhanced Data Sharing
The ICO emphasizes the importance of responsible data sharing to combat the growing fraud epidemic impacting the UK. The UK’s...
Deepfake Digital Identity Attacks Occur Every Five Minutes: Alarming Trends Unveiled
Deepfake technology poses significant challenges in digital identity verification, with attacks happening every five minutes according to recent findings. Fraudsters...
UK Shoppers Warned: Over £11.5m Lost to Scammers Last Christmas
As the festive season approaches, UK shoppers are reminded to prioritize online safety, especially in light of the staggering £11.5m...
O2’s Innovative AI Granny Tackles Scam Callers with Engaging Tales
O2 has introduced an innovative solution in the battle against fraudulent calls: a human-like AI granny designed to outsmart scammers....
Job Scams Exploiting Financial Vulnerability: A Growing Threat
Job scams exploiting financially vulnerable individuals have surged recently, raising concerns among cybersecurity experts at Proofpoint. A surge in online...
Clawback Service Launched by Insurer to Recover BEC Losses
A new clawback service by a leading insurer aims to tackle business email compromise (BEC) scams that have led to...
Cyber Fraud in Southeast Asia: $37 Billion Losses in 2023
In 2023, cyber fraud inflicted significant losses totaling $37 billion across East and Southeast Asia, as reported by the United...
Meta Partners with UK Banks to Combat Social Media Fraud
Meta is tackling the rising challenge of social media fraud through a pioneering partnership with UK banks, marking a significant...
Fraud Impact: Ten Million Brits Affected in Three Years
Over the past three years, ten million Brits have fallen victim to fraud, resulting in significant financial losses for the...
Crypto Scams Skyrocket: FBI Reports Over $5.6 Billion in Losses
In 2023, cryptocurrency scams led to staggering losses exceeding $5.6 billion, highlighting a concerning trend in financial fraud as reported...
Pig Butchering Scams Surge: Rising Trends in Online Fraud
In recent months, the rise of pig butchering scams has highlighted alarming trends in online fraud, as scammers adapt their...
Money Laundering: The Leading Fraud Type in UK Courts
Money laundering has emerged as the most prevalent type of fraud by value in UK courts, with significant increases in...
