Tag: fraud scheme
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Slashdot: US Sanctions Cloud Provider ‘Funnull’ As Top Source of ‘Pig Butchering’ Scams
Source URL: https://yro.slashdot.org/story/25/05/30/2151248/us-sanctions-cloud-provider-funnull-as-top-source-of-pig-butchering-scams?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: US Sanctions Cloud Provider ‘Funnull’ As Top Source of ‘Pig Butchering’ Scams Feedly Summary: AI Summary and Description: Yes **Summary:** The U.S. government has sanctioned Funnull Technology Inc., a company implicated in facilitating virtual currency investment scams. This action highlights the increasing economic impact of cybercrime in the cryptocurrency…
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Krebs on Security: U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams
Source URL: https://krebsonsecurity.com/2025/05/u-s-sanctions-cloud-provider-funnull-as-top-source-of-pig-butchering-scams/ Source: Krebs on Security Title: U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams Feedly Summary: The U.S. government today imposed economic sanctions on Funnull Technology Inc., a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams, commonly known as…
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Microsoft Security Blog: Cyber Signals Issue 9 | AI-powered deception: Emerging fraud threats and countermeasures
Source URL: https://www.microsoft.com/en-us/security/blog/2025/04/16/cyber-signals-issue-9-ai-powered-deception-emerging-fraud-threats-and-countermeasures/ Source: Microsoft Security Blog Title: Cyber Signals Issue 9 | AI-powered deception: Emerging fraud threats and countermeasures Feedly Summary: Microsoft maintains a continuous effort to protect its platforms and customers from fraud and abuse. This edition of Cyber Signals takes you inside the work underway and important milestones achieved that protect customers.…
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Cloud Blog: Google Cloud and Swift pioneer advanced AI and federated learning tech to help combat payments fraud
Source URL: https://cloud.google.com/blog/products/identity-security/google-cloud-and-swift-pioneer-advanced-ai-and-federated-learning-tech/ Source: Cloud Blog Title: Google Cloud and Swift pioneer advanced AI and federated learning tech to help combat payments fraud Feedly Summary: Conventional fraud detection methods have a hard time keeping up with increasingly sophisticated criminal tactics. Existing systems often rely on the limited data of individual institutions, and this hinders the…
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The Register: 6 IT contractors arrested for defrauding Uncle Sam out of millions
Source URL: https://www.theregister.com/2024/11/03/6_it_contractors_arrested_for/ Source: The Register Title: 6 IT contractors arrested for defrauding Uncle Sam out of millions Feedly Summary: Also, ecommerce fraud ring disrupted, another Operation Power Off victory, Sino SOHO botnet spotted, and more in brief The US Department of Justice has charged six people with two separate schemes to defraud Uncle Sam…
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Cisco Security Blog: Using Artificial Intelligence to Catch Sneaky Images in Email
Source URL: https://feedpress.me/link/23535/16856100/using-artificial-intelligence-to-catch-sneaky-images-in-email Source: Cisco Security Blog Title: Using Artificial Intelligence to Catch Sneaky Images in Email Feedly Summary: Image-based fraud in email can be challenging to detect and prevent. By leveraging AI, security teams can make inboxes more secure. AI Summary and Description: Yes Summary: The text discusses the challenges of detecting and preventing…