Cyber Crime

20 Oct 20 @ 10:12

A leak from the US treasury department’s Financial Crimes Enforcement Network (FinCen) in September showed that even the biggest, most globally respected banks appeared to be allowing money laundering to... read more

17 Sep 20 @ 10:16

The COVID-19 pandemic has seen the fastest transition of customers moving to the online space and witnessed an unprecedented surge in the creativity of credential-stealing cyberattacks. Now, online companies adapting... read more

10 Sep 20 @ 16:07

The world is moving ever closer to digital currency for all. Although investors have watched cryptocurrencies such as Bitcoin and Zcash grow for years, national digital currencies are now starting... read more

31 Jul 20 @ 10:02

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... read more

15 Jul 20 @ 10:34

With COVID-19 increasingly being used as a hook to commit fraud, threatening consumers and businesses of all sizes, a recent industry discussion was held to discuss ‘the rise of financial... read more

06 Jul 20 @ 11:08

Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... read more

04 Jun 20 @ 16:06

CipherTrace has released its Spring 2020 Cryptocurrency Anti-Money Laundering and Crime Report with key data on cryptocurrency crimes and trends that will have regulatory repercussions for VASPs and other financial institutions. In the... read more

22 May 20 @ 09:32

Researchers are reported to be analysing EventBot, a new strain of Android malware that does not yet exist in the wild. Cybereason researchers did this by observing submissions to virus... read more

20 May 20 @ 10:55

The 2020 Identity Fraud Report reveals financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts. Fraud losses grew 15%... read more

20 Mar 20 @ 13:29

Payment card fraud, arguably one of the most straightforward approaches to financially motivated crime, persists in the face of ongoing anti-fraud efforts from regulators, financial institutions, and retailers. Carding, as... read more

13 Feb 20 @ 18:36

Beyond the immediate health threat, a new fraud trend has been noticed. With the widespread media attention around the coronavirus, attackers are already using the topic to bait victims into... read more

12 Feb 20 @ 10:33

CipherTrace released its Q4 2019 Cryptocurrency Anti-Money Laundering Report. Among key research findings in this fascinating report, it was discovered that cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related... read more