Joker billing fraud malware eluded Google Play security to infect Android devices

A new variant targeted Android users to subscribe them to premium services without their consent, according to Check Point Research. iStock/Jirsak Google sometimes has a tough time keeping malware out of its mobile app store. Though the company employs Google Play Protect to scan and vet apps that contain malware, savvy cybercriminals can devise ways […]

2020 sees rise in invoice and payment fraud BEC attacks

Abnormal Security found a 75% increase in this type of campaign in the first three months of the year and a spike of 200% from April to May. Image: GrafVishenka, Getty Images/iStockPhotos The Business Email Compromise (BEC) is a more focused and potentially more profitable type of phishing scam favored by many cybercriminals. By spoofing […]

Visa unveils AI tool to help stop digital identity fraud

Billions of people have had their information stolen online, and Visa is hoping its new AI solution will help banks handle fraudulent accounts. Image: iStockphoto/Suebsiri On an almost weekly basis news about breaches dominates headlines. The prevalence of attacks has created an ever-growing pool of stolen credentials that are routinely used to open fraudulent accounts, […]

3 ways the COVID-19 pandemic is impacting consumer behavior and fraud

E-commerce is on the rise, and digital transformation for businesses must be a top priority in the coronavirus era, according to a new report. Here are the three takeaways. The coronavirus pandemic has ushered in a new era for the global marketplace, with travel restrictions, layoffs, and shelter-in-place regulations transforming the way that consumers interact […]

Fraud guides a hot commodity on the dark web

Such guides provide instructions so that even novices can learn how to become cybercriminals, says web intelligence company Terbium Labs. The dark web is home to a large hive of shady online marketplaces where people can buy and sell all kinds of products and information. Beyond trading in physical items such as drugs and guns, […]