Experts are concerned over an AI-based fake ID maker whose product is so convincing that it’s tricking identity verification processes.
Fraud
Software that can monitor your ‘soft copy’ movements and track your work to improve your productivity as an employee but without your consent
U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange, a U.S. attorney told a judge on Wednesday. The Department of Justice did not believe the 56 million shares of Robinhood, worth about $465 […]
Every industry is at risk of fraud, and the telecommunications industry is no exception. Telecom frauds can hit providers and customers alike, albeit through different methods. This type of fraud has unfortunately turned into a big business; these immoral acts funnel billions of dollars every year from carriers’ and subscribers’ accounts into the hands of […]
For businesses, customer loyalty is the key to success. The cost of attracting a new customer is five times greater than the cost of retaining an existing customer. Companies offer incentives such as loyalty programs and rewards to encourage customers to remain loyal to your brand. But what happens when an enemy is emerging, lurking in the shadows? […]
China’s cyberspace regulator said on Friday that it has cracked down on counterfeit investment platforms, as part of the country’s campaign to combat such telecom network crime. The Cyberspace Administration of China (CAC) said it has investigated and cracked down on some 42,000 counterfeit apps since the start of this year, and incorporated them into […]
By JIM MORRIS Associated Press VANCOUVER, British Columbia (AP) — A top executive of Chinese tech giant Huawei is scheduled to learn Wednesday if a U.S extradition case against her can proceed. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder, at Vancouver’s airport in late 2018. The U.S. wants her extradited to face fraud […]
Today, people are sharing more personal information than ever before – whether for online banking purposes, to verify billing information or to buy new products – heightened activity has meant that Fraud Detection in Telecommunications is at the top of the priority list. Telecommunications companies are striving to create a more resilient fraud detection system […]