Fraud

Crypto boss finds fraud trial a serious pain in the neck

Thankfully his injuries are not life threatening

Legal30 Aug 2024 | 10

'Digital arrest' scams are big in India and may be spreading

Bad guys claim they're cops, keep you on hold for hours until you pay to make loved ones' crimes go away

Cyber-crime13 Aug 2024 | 5

Japan mandates app to ensure national ID cards aren't forged

First delays, then data leaks – now fraud detection needed at point of use

Security02 Aug 2024 | 36

Sam Altman sues builder over $27M flooded, sewage-hit 'lemon' of a mega-mansion

Leaking skylights, collapsed roof, garbage-clogged pipes - did ChatGPT make this?

Bootnotes18 Jul 2024 | 88

Former Autonomy CFO banned from chartered accounting group until 2038

Sushovan Hussain’s failure in 2020 to appeal his 2018 fraud conviction in the US means he won’t be a member of ICAEW for 20 years

Software11 Jul 2024 | 8

Scammers double-scam victims by offering to help recover from scams

Scum keep databases of the people they've already skimmed

Cyber-crime09 Jul 2024 | 6

Fraud guilty plea flies from Boeing to swerve courtroom over 737 Max crashes

Attorney for families of victims files objection

Software08 Jul 2024 | 65

Crypto-failure Terraform Labs to cough up $4.5B, liquidate self

South Korean outfit that triggered the world's 'Crypto Winter' will melt away after SEC order

Personal Tech17 Jun 2024 | 17

Nigerian faces up to 102 years in the slammer for $1.5M phishing scam

Crook and his alleged co-conspirators said to have used Discord to coordinate

Cyber-crime14 Jun 2024 | 9

HP-Autonomy: Attorneys wrap up arguments in Mike Lynch's stateside criminal fraud trial

And we await the San Francisco jury's verdict

On-Prem03 Jun 2024 | 15

Check Point warns customers to patch VPN vulnerability under active exploitation

Infosec in brief Also, free pianos are the latest internet scam bait, Cooler Master gets pwned, and some critical vulnerabilities

Security03 Jun 2024 | 2

US Treasury says NFTs 'highly susceptible' to fraud, but ignored by high-tier criminals

Narco kingpins aren't coming for your apes, but internet con artists still are

Cyber-crime30 May 2024 | 13

Best Buy and Geek Squad were most impersonated orgs by scammers in 2023

But criminals posing as Microsoft workers scored the most ill-gotten gains

Security24 May 2024 | 13

Would you buy Pegasus spyware from this scammer?

You shouldn't – Indian infosec researchers warn you'll get random junk instead

Security23 May 2024 | 7

Laundering cash from healthcare, romance scams lands US man in prison for a decade

$4.5M slushed through accounts from state healthcare and lonely people

Security22 May 2024 | 2

Wiley shuts 19 scholarly journals amid AI paper mill problems

Fake science challenges academic publishing

AI + ML16 May 2024 | 38

What do Europeans, Americans and Australians have in common? Scammed $50M by fake e-stores

BogusBazaar ripped off shoppers and scraped card details, but not in China

Cyber-crime08 May 2024 | 10

Florida man gets 6 years behind bars for flogging fake Cisco kit to US military

Operation busted after dodgy devices ended up at Air Force

Networks02 May 2024 | 41

MITRE admits 'nation state' attackers touched its NERVE R&D operation

Infosec In Brief PLUS: Akira ransomware resurgent; Telehealth outfit fined for data-sharing; This week's nastiest vulns

Security22 Apr 2024 | 3

Google sues app devs, claims they're Play Store crypto scammers with 100k+ victims

The pair allegedly made 87 apps since 2019 and defrauded folks of tens of thousands of dollars

Applications05 Apr 2024 | 20

Software engineer helped put Sam Bankman-Fried behind bars, say prosecutors

CTO shared code from his laptop with investigation after FTX collapsed

Software03 Apr 2024 | 22

OpenAI claims its software can clone your voice from 15 seconds of you talking

Super lab loves to big up things it says it couldn't possibly let loose on the world for now

AI + ML01 Apr 2024 | 19

FTX crypto-crook Sam Bankman-Fried gets 25 years in prison

Could have been worse: Prosecutors wanted decades more

Cyber-crime28 Mar 2024 | 106

Investment advisors pay the price for selling what looked a lot like AI fairy tales

SEC bags $400K in settlements

AI + ML18 Mar 2024 | 8

UK tech titan Mike Lynch's US fraud trial begins today

13-year saga continues as jury set to hear claims on both sides of HP's Autonomy acquisition disaster

Applications18 Mar 2024 | 10

FTC goes undercover to probe suspected antivirus scam, scores $26M settlement

Imagine trying to trick folks into buying $500 of unnecessary repairs – and they turn out to be federal agents

Cyber-crime14 Mar 2024 | 9

Ten nations tell social media, banks, and telcos to get better at stopping scams

Australian minister singles out Meta – where Zuck has 600,000 Nvidia GPUs ready to roll

Public Sector14 Mar 2024 | 26

We're not Meta support: State AGs tell Zuck to fix rampant account takeover problem

'We refuse to operate as customer service representatives'

Security07 Mar 2024 | 17

American Express admits card data exposed and blames third party

Don't leave home without … IT security

Security04 Mar 2024 | 9

China warns of fake digital currency wallets fleecing netizens

Scammers' tactics are tiresomely familiar: get-rich-quick schemes and data harvesting

Security27 Feb 2024 | 5

Oracle faces continued legal battle over alleged NetSuite software misrepresentations

Judge allows fraud case to continue after customer resubmits complaint

Databases21 Feb 2024 | 8

HPE seeks $4B in damages from Autonomy boss Mike Lynch and his ex-CFO

Could have been worse – IT giant was asking for five

On-Prem12 Feb 2024 | 16

Billions lost to fraud and error during UK's pandemic spending spree

Watchdog orders a rethink in time for the next emergency

Public Sector09 Feb 2024 | 152

Fintech engineer grounded by crypto fraud caper, including $300m spoof trades

Fourth conviction in South Africa-linked scheme

Legal08 Feb 2024 | 9

Cybercrime duo accused of picking $2.5M from Apple's orchard

Security researcher buddies allegedly tag team a four-month virtual gift card heist at Cupertino tech giant

Cyber-crime08 Feb 2024 | 2

JPMorgan exec claims bank repels '45 billion' cyberattack attempts per day

Updated Assets boss also reckons she has more engineers than Amazon

CSO18 Jan 2024 | 20

Mandiant's brute-forced X account exposes perils of skimping on 2FA

Speculation builds over whether a nearly year-old policy change was to blame

Cyber-crime11 Jan 2024 | 25

Crypto-crook Sam Bankman-Fried spared a second trial

Eighth charge related to campaign contributions would just take too dang long

Security02 Jan 2024 | 54

SEC charges ex-medtech CEO with fraud for selling plastic fake implants

Sure, bogus blood tests are bad, but have you considered tricking doctors into embedded useless tubes?

Bootnotes20 Dec 2023 | 14

Scammers use India’s real-time payment system to siphon off money, send it to China

Countries signed on for India’s stack might watch out

Security24 Oct 2023 | 14

Indian authorities raid fake tech support rings after tipoff from Amazon and Microsoft

Also went after crypto-crooks who sought money to buy miners for fake token

Cybersecurity Month20 Oct 2023 | 38

US lawmakers want China export bans to include open tech like RISC-V

ASIA IN BRIEF PLUS: South Korea to fine Apple, Google; Digital fraud booms in Hong Kong; Singtel slings TrustWave

Legal08 Oct 2023 | 13

India's biggest tech centers named as cyber crime hotspots

Global tech companies' Bharat offices attract the wrong sort of interest

Security21 Sep 2023 | 2

Robocall scammers sentenced in US after netting $1.2M via India-based call centers

Part of network of crims who used 'trickery and threats' to target elderly

Cyber-crime20 Sep 2023 | 14

Sysadmin and spouse admit to part in 'massive' pirated Avaya licenses scam

Could spend 20 years in prison after selling $88M in ADI software keys

Cyber-crime20 Sep 2023 | 21

Hong Kong authorities cuff six in connection with floundering crypto platform JPEX

Special Adminstrative Region aspires to be a crypto hub, is making an example of allegedly unlicensed operator

Personal Tech20 Sep 2023 | 3

Used cars? Try used car accounts: 15,000 up for grabs online at just $2 a pop

Cut and shut is so last century, now it's copy and clone

Research13 Sep 2023 | 9

Blazar Token creator accused of using investor funds for renovating bathroom

Interesting choice, if true. Not a Lamborghini, is it?

Legal24 Aug 2023 | 10

Tech support scammers go analog, ask victims to mail bundles of cash

The approach is the same, but never mind the crypto or gift cards

Security19 Jul 2023 | 28

Celsius feels the heat: Ex-CEO arrested, watchdogs line up to sue bankrupt crypto biz

Exec faces fraud charges, one regulator wants $5 billion fine

Cyber-crime13 Jul 2023 | 10

California man jailed after manure-to-methane scheme revealed as bull

Fraudulent cash cow milked investors for almost $9M

Offbeat28 Jun 2023 | 36

American and Southwest Airlines pilot candidate data exposed

Time to start practising identity protection

Cyber-crime26 Jun 2023 | 2

Capita wins £50M fraud reporting contract with City of London cops

No, the irony isn't lost on us either

Security14 Jun 2023 | 26

Cry-pto: Feds bury Bitcoin exchange giant Binance in 13-count fraud lawsuit

'We are operating as a fking unlicensed securities exchange in the USA bro'

Personal Tech05 Jun 2023 | 25

Singapore's sovereign wealth fund regrets investment in crypto-villain FTX

No fault found, but execs responsible punished with reduced compensation

Software30 May 2023 | 9

New York county still dealing with ransomware eight months after attack

security in brief Also: iSpoof no more, Edmodo fined more than it can pay, UK is #1 (in CC theft), and the week's critical vulns

Security29 May 2023 | 8