New Fake Marketplace From China Mimics Top Retail Brands for Fraud

Silent Push exposes thousands of fake e-commerce websites spoofing major brands like Apple and Michael Kors. Learn how this Chinese phishing scam targets shoppers and steals financial data, impacting global consumers...

Massive Android Fraud Operations Uncovered: IconAds, Kaleidoscope, SMS Malware, NFC Scams

A mobile ad fraud operation dubbed IconAds that consisted of 352 Android apps has been disrupted, according to a new report from HUMAN. The identified apps were designed to load out-of-context ads on a user's screen and hide their icons from the device home screen launcher, making it harder for...

Europol Dismantles $540 Million Cryptocurrency Fraud Network, Arrests Five Suspects

Europol on Monday announced the takedown of a cryptocurrency investment fraud ring that laundered €460 million $540 million from more than 5,000 victims across the world. The international effort, codenamed Operation Borrelli, was carried out by the Spanish Guardia Civil, along with support from...

FAA Framework: a Large Language Model-Based Approach for Credit Card Fraud Investigations

The continuous growth of the e-commerce industry attracts fraudsters who exploit stolen credit card details. Companies often investigate suspicious transactions in order to retain customer trust and address gaps in their fraud detection systems. However, analysts are overwhelmed with an enormous...

An Attack Method for Medical Insurance Claim Fraud Detection Based on Generative Adversarial Network

Insurance fraud detection represents a pivotal advancement in modern insurance service, providing intelligent and digitalized monitoring to enhance management and prevent fraud. It is crucial for ensuring the security and efficiency of insurance systems. Although AI and machine learning algorithm...

Risks & Benefits of LLMs & GenAI for Platform Integrity, Healthcare Diagnostics, Cybersecurity, Privacy & AI Safety: a Comprehensive Survey, Roadmap & Implementation Blueprint

Large Language Models LLMs and generative AI GenAI systems such as ChatGPT, Claude, Gemini, LLaMA, and Copilot, developed by OpenAI, Anthropic, Google, Meta, and Microsoft are reshaping digital platforms and app ecosystems while introducing key challenges in cybersecurity, privacy, and platform...

Human-Centred AI in FinTech: Developing a User Experience (UX) Research Point of View (PoV) Playbook

Advancements in Artificial Intelligence AI have significantly transformed the financial industry, enabling the development of more personalized and adaptable financial products and services. This research paper explores various instances where Human-Centred AI HCAI has facilitated these...

Secure Energy Transactions Using Blockchain Leveraging AI for Fraud Detection and Energy Market Stability

Peer-to-peer trading and the move to decentralized grids have reshaped the energy markets in the United States. Notwithstanding, such developments lead to new challenges, mainly regarding the safety and authenticity of energy trade. This study aimed to develop and build a secure, intelligent, and...

INTERPOL Dismantles 20,000+ Malicious IPs Linked to 69 Malware Variants in Operation Secure

INTERPOL on Wednesday announced the dismantling of more than 20,000 malicious IP addresses or domains that have been linked to 69 information-stealing malware variants. The joint action, codenamed Operation Secure, took place between January and April 2025, and involved law enforcement agencies...

How and where to report an online scam

If you've been scammed it's really important to report it, if you can, in order to help prevent others falling for the same scam, and give authorities a chance to catch the criminal who did it. The methods in which to report a scam varies according to the country you're in, the platforms you're...

Been scammed online? Here’s what to do

Unfortunately, people getting scammed online is a frequent event. Scammers are getting better at social engineering and are using Artificial Intelligence AI to sound more authentic and eliminate any spelling errors. It really can happen to anyone, so there's no need to feel embarrassed if you hav...

Booking.com reservation abused as cybercriminals steal from travelers

Robert Woodford, a recruitment marketing specialist, recently shared on LinkedIn how he fell victim to a highly sophisticated scam while booking a hotel in Verona through Booking.com, providing a striking example of how attacks on the hospitality industry affect travelers. After completing a...

Microsoft Helps CBI Dismantle Indian Call Centers Behind Japanese Tech Support Scam

India's Central Bureau of Investigation CBI has revealed that it has arrested six individuals and dismantled two illegal call centers that were found to be engaging in a sophisticated transnational tech support scam targeting Japanese citizens. The law enforcement agency said it conducted...

FIST: a Structured Threat Modeling Framework for Fraud Incidents

Fraudulent activities are rapidly evolving, employing increasingly diverse and sophisticated methods that pose serious threats to individuals, organizations, and society. This paper proposes the FIST Framework Fraud Incident Structured Threat Framework, an innovative structured threat modeling...

Depermissioning Web3: a Permissionless Accountable RPC Protocol for Blockchain Networks

In blockchain networks, so-called "full nodes" serve data to and relay transactions from clients through an RPC interface. This serving layer enables integration of "Web3" data, stored on blockchains, with "Web2" mobile or web applications that cannot directly participate as peers in a blockchain...

U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud

The U.S. Department of Treasury's Office of Foreign Assets Control OFAC has levied sanctions against a Philippines-based company named Funnull Technology Inc. and its administrator Liu Lizhi for providing infrastructure to conduct romance baiting scams that led to massive cryptocurrency losses. T...

U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams

Image: Shutterstock, ArtHead. 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 known as “pig butchering." In Janua...

Shill Bidding Prevention in Decentralized Auctions Using Smart Contracts

In online auctions, fraudulent behaviors such as shill bidding pose significant risks. This paper presents a conceptual framework that applies dynamic, behavior-based penalties to deter auction fraud using blockchain smart contracts. Unlike traditional post-auction detection methods, this approac...

Talking Transactions: Decentralized Communication through Ethereum Input Data Messages (IDMs)

Can you imagine, blockchain transactions can talk! In this paper, we study how they talk and what they talk about. We focus on the input data field of Ethereum transactions, which is designed to allow external callers to interact with smart contracts. In practice, this field also enables users to...

Transaction Proximity: a Graph-Based Approach to Blockchain Fraud Prevention

This paper introduces a fraud-deterrent access validation system for public blockchains, leveraging two complementary concepts: "Transaction Proximity", which measures the distance between wallets in the transaction graph, and "Easily Attainable Identities EAIs", wallets with direct transaction...