Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

EP 4 - AI-Powered Fraud: Redefining the Identity Threat Landscape

Imagine receiving an urgent email from your bank that looks perfectly legitimate. It warns you of a suspicious transaction and prompts you to verify your identity. You hesitate but click, and suddenly, your credentials are compromised. This scenario, crafted by AI-powered fraud-as-a-service, is happening now.

Protect Your Business From Modern Day Fraud Threats

Fraud has been something that has been around since ancient Greece when a sea merchant tried to swizzle insurers by capsizing his ship but keeping its goods. In its simplest form, fraud is a crime in which some kind of deception is used for financial or personal gain.

How Business Intelligence Enables Security in Startup Growth

Startups operate in a high-risk environment where security threats, financial vulnerabilities, and operational inefficiencies can severely impact growth. Without a solid foundation of data-driven decision-making, you expose your business to unnecessary risks. Business intelligence (BI) serves as a critical tool in strengthening security, enabling you to make informed decisions, prevent cyber threats, and maintain regulatory compliance.

What is vendor fraud and how to protect your business from vendor fraud

Vendor fraud is a type of financial abuse that occurs when fraudsters pose as legitimate businesses to trick companies and individuals into paying for services they’ll never receive. These schemes exploit organizations, putting their victims at risk for financial and reputational losses. Moreover, the occurrence of vendor fraud has been rising in the last few years.

You're Not My Supervisor! Researching My Own New Starter Scam

Earlier this year I joined the team at CultureAI, and like many, I shared the news on LinkedIn. Within weeks, I found myself at the receiving end of multiple phishing emails impersonating our CEO designed to exploit new employees. But rather than ignoring them, I thought it could be fun to play along, see where the rabbit hole led, and deep dive into the world of BCE and Gift Card scams.

The InfoSec Guide to Third-Party Fraud and Its Prevention Methods

Fraud is built on deception, and third-party fraud is no exception. In this type of fraud, attackers use stolen or synthetic identities to impersonate legitimate customers and gain unauthorized access to accounts, services, or funds. By exploiting the trust between businesses and their customers, fraudsters bypass traditional security measures, making third-party fraud a growing threat in an era of automated attacks and large-scale data breaches.

Enterprise Fraud Management (EFM): The Essential Guide

Fraud has moved from an IT issue to a boardroom topic across industries. The more complex the fraud, the bigger the financial, brand, and customer risk. E-commerce fraud, for example, is expected to cost from $44.3 billion in 2024 (when it was last reported) to $107 billion in 2029, a 141% increase. And that’s just one industry. When the stakes are this high, you can’t blindly chase threats.

Ultimate Guide: Leveraging Intelligence to Prevent Card Fraud

Card fraud is evolving—fast. With unauthorised payment card fraud surpassing £275 million in the first half of 2024, businesses face increasing financial and reputational risks. Fraudsters steal physical cards, breach databases, and exploit digital channels, making fraud a low-risk, high-reward crime. The consequences? Lost revenue, customer trust, and compliance fines, with the average UK data breach now costing £3.5 million.

What is Automated Clearing House (ACH) Fraud and How Does it Work?

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Scammers Can Be Victims Too

There are thousands of people worldwide trying to scam you, hoping they can make you a victim, steal your money, and harm you in some way. While some of it is done by individuals or small gangs of people, a lot of it happens on an industrialized scale. In countries around the world, there are large teams of people living and working together, controlled by managers, with profits going up the corporate ladder to people who think they are the next Elon Musk.

245% Increase in SVG Files Used to Obfuscate Phishing Payloads

The KnowBe4 Threat Research team has observed a sustained increase in the use of Scalable Vector Graphics (SVG) files to obfuscate malicious payloads. SVGs are vector based, rather than pixel-based like PNGs and JPGs. This means the graphic elements can be scaled up without loss of quality - making them perfect for sharing graphics, such as logos and icons, via email.

Combating Ransomware, Phishing, and Zelle Fraud at Financial and Bank SOCs

Banking and financial services companies sit on a goldmine of sensitive customer data, making them a prime target for phishing and ransomware attackers hoping to strike a payout. Even with defenses like MFA and security training, human error continues to be a critical point of failure for financial institutions — a 2024 report found that 3 out of every 1000 individuals working in banking click on a phishing link each month.

Resurgence of a Fake Captcha Malware Campaign

During an Advanced Continual Threat Hunt (ACTH) investigation in early February 2025, Trustwave SpiderLabs discovered a resurgence of fake CAPTCHA verifications designed to deceive victims into executing malicious PowerShell scripts. This campaign employs a multi-stage PowerShell execution process, ultimately delivering infostealers such as Lumma and Vidar.

Elo, Agility and INETCO announce strategic partnership to revolutionize payments reliability in Brazil

2º Congresso de Prevenção e Repressão a Fraudes, Segurança Cibernética e Bancária, SÃO PAULO, BRAZIL, March 11, 2025 – Agility, one of Brazil’s leading IT and Cybersecurity service providers, and INETCO, a global leader in payments monitoring and fraud prevention, are proud to announce a new partnership with Brazilian payment processing trailblazer Elo.

Why Brand Impersonation Scams and Phishing Are Still Winning in APAC-And How to Change That

Customer confidence is the fragile foundation of developing economies, and nowhere is this more true than Asia Pacific where phishing and customer account takeovers (ATO) threaten to bring that foundation crashing down. For financial institutions and airlines in APAC, scam-related fraud is no longer an isolated cost center—it is an existential risk to digital trust and economic growth.

Harness Data to Prevent Fraud with Splunk and AWSSPLUNK_AWS_FRAUD_11202024 (1)

In this webinar, you will learn about the influence of data-driven technology on fraud detection and prevention. You will discover how businesses can use AI, machine learning, and big data analytics to proactively identify hazards and monitor transactions in real time. The workshop will provide useful insights into cutting-edge solutions that improve customer security and protect sensitive information, as well as practical tactics and case studies for successfully combating fraud.

10 Most Common Mistakes When Buying Traffic

Let's start with the biggest fear everyone has: getting scammed. Trust me, no one wants to shell out hard-earned cash for fake clicks, bots, or empty promises. Here's the cold, hard truth: many shady providers out there are more interested in draining your wallet than boosting your traffic. But here's the kicker - you don't have to fall for it. The trick is always starting with a small test buy before committing fully. It's your safety net, your way of dipping a toe in before diving headfirst into the deep end.