Arrests of members of Tetrade seed groups Grandoreiro and Melcoz

Spains Ministry of the Interior has announced the arrest of 16 individuals connected to the Grandoreiro and Melcoz also known as Mekotio cybercrime groups. Both are originally from Brazil and form part of the Tetrade umbrella, operating for a few years now in Latin America and Western Europe...

Visa: New Tools Could Spot Additional $1.5b In Fraud

Credit card giant Visa Inc. said on Thursday that an update to its anti-fraud technology will make it easier to spot sophisticated credit card fraud that spans national borders. Visa said the update amounted to a major upgrade of Visa Advanced Authentication, the company’s real time risk scoring...