Scammers Use Social Media Selfies and GenAI
The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.
cybersecurity - page 2
Bybit Hack Consolidates Crypto Community
Bybit crypto exchange, which has suffered from the biggest industry hack to date, expressed its gratitude for the crypto community support while it works around the clock to enhance security measures and safeguard user funds.
Hackers Steal $1.5 Billion From Exchange Bybit
Bybit, a major cryptocurrency exchange, has been subjected to a hacker attack that affected $1.5 billion worth of digital assets.
LexisNexis Finalizes Its Acquisition of IDVerse
LexisNexis Risk Solutions has finalized the acquisition of IDVerse, a company that specializes in document authentication and fraud detection.
Mastercard and Feedzai to Fight AI-Powered Scams
Mastercard has teamed up with financial crime prevention company Feedzai to help financial institutions prevent scams.
Bain Backs AI Cybersecurity Startup Dream
Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.
Sardine Raises $70 Million
Sardine raised $70 million in a Series C funding round.
Mastercard and VikingCloud Develop Cybersecurity Solutions for SMBs
Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
ACI and Banfico Team to Tackle APP Fraud
The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.
Worldpay Acquires Ravelin
Worldpay has agreed to acquire London-headquartered artificial intelligence-native fraud prevention platform Ravelin.
Why Businesses Struggle to Discover Reasons For Failed Payments
Did you know that over 80% of companies dealing with online sales struggle to figure out the reasons for payment failures? If you don’t know the core issue you can only try to patch the visible outcomes but will always fail to solve the problem. So, why is getting to the bottom of the failed […]
PayPal to Pay $2M Fine for Cybersecurity Failures in New York State
PayPal will pay $2 million in settlements to New York State’s Department of Financial Services over weak cybersecurity measures that caused a sensitive customer data leak in 2022.
Adoption of AI in Cybersecurity Increases
Recently, there has been a tendency in the world to steadily increase the number of ways to commit financial crimes, including through fraudulent approaches to corresponding illegal activities, in the digital environment and this process demonstrates a significant degree of intensity and almost daily scaling, against which it is logical that the issue of cybersecurity […]
Truecaller Expands on iOS
Truecaller brings its real-time caller ID and automated spam call blocking to iOS for the first time in a major update.
Revolut Launches In-App Calls to Combat Phone Scam
By allowing customers to communicate directly within the app, the new Revolut service aims to reduce the risk of fraudulent phone scam activities.
Chainalysis Acquires Alterya
Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and fintech companies to identify fraudsters and protect end users of firms from authorized swindle.
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