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$12B in Fraud Loss Came from Data Breach Victims in 2016

Three-quarters of the total fraud losses for 2016 arose from victims who had been victims of a data breach within the previous six years.

How Dice Uses Machine Learning Technology to Reduce Recruiting Fraud

EXCLUSIVE: Online technology career site Dice was able to reduce the volume of fraudulent account activity to less than five percent, by adopting anti-fraud machine learning technology.

Windows support scams: Here’s how we’re taking down fraud kingpins, says...

Microsoft is fighting tech-support scammers' automation with artificial intelligence from its research labs.

Nigerian phishing: Industrial companies under attack

In late 2016, the Kaspersky Lab Industrial Control Systems Cyber Emergency Response Team reported on phishing attacks that were primarily targeting industrial companies from the metallurgy, electric power, construction, engineering and other sectors.

As further research demonstrated, this was just part of a bigger story that began much earlier and is unlikely to end any time soon.

Soldiers bust massive click-farm that used 500k SIM cards, 100s of...

Cops pad up to Thai operation A massive click-fraud farm has been raided in Thailand by police and army troops, who seized nearly half a million SIM cards and hundreds of iPhones used to promote products online.…

Abuse of Apple Search Ads Feature Leading to Fraud

Apple has removed one of its top 10 grossing productivity apps after an independent developerrsquo;s story about fraudstersrsquo; abuse of the App Storersquo;s Search Ads functionality went viral.

Man found guilty under CFAA didn’t damage LA Times, lawyers say

“The government is coming in and trying my client for a charge he did not commit.”

A Former FBI Most Wanted Cybercriminal is Extradited to US

The Latvian man is charged with four counts of wire fraud and unauthorized computer use in a "scareware" scheme that netted more than $2 million.

Jailed fraudster admits running same cold-caller con from behind bars

Fooling marks into divulging bank details made £2m a week The jailed kingpin behind a multimillion-pound fraud has admitted attempting to run an almost identical con from behind bars.…

Two Tickets as Bait

Over the previous weekend, social networks were hit with a wave of posts that falsely claimed that major airlines were giving away tickets for free. Users from all over the world became involved in this: they published posts that mentioned Emirates, Air France, Aeroflot, S7 Airline, Eva Air, Turkish Airlines, Air Asia, Air India, and other companies.

Banking trojan executes when targets hover over link in PowerPoint doc

Novel infection method doesn't require link to be clicked.

20 Apple China staff collared for allegedly flogging customers’ info

$7.4m fraud ring traced back to iGiant's database Twenty Apple employees in China have been arrested by cops investigating the lifting and reselling hundreds of thousands of pieces of customers' personal information.…