North Korean state-sponsored hackers were believed to be the possible perpetrators of a hack that resulted to the theft of around $100 million in cryptocurrency, according to the analysis of blockchain researchers. If verified to be true, then last week’s attack would make it the eighth this year 2022 – involving stolen funds worth $1 … Read more →
With the evolution of technology, much like anything else, even scammers have revolutionized themselves and their methods. Today, the ways in which one might be scammed have become far more complex and intricate for anybody to evade easily. So, we need to be exceptionally careful while filling up any kind of information anywhere … Read more →
Employee fraud is very common especially in smaller businesses that don’t have the processes and procedures in place to fight it. In this article, we will take a look at some of the best ways your business can fight fraud using the latest advancements in technology. Using AI to detect fraud early Humans can sometimes … Read more →
Contactless fraud is on a meteoric rise in the UK. According to a recent Which? article, over £5.6 million was taken from credit and debit cards with contactless capabilities over the first six months of 2017 alone – a figure that’s almost double that of the same timeframe in the year prior. The reason for … Read more →
Did you know the magnetic stripe on your credit card is made using technology that first emerged in the 1950s? Because it’s been around for so long, criminals have become experts at stealing the valuable information stored in that stripe. No wonder vendors worldwide are replacing swipe cards with the modern EMV (Europay, MasterCard, and … Read more →
Usually I’d say “don’t be”. There’s nothing wrong with using your credit card online, it’s mostly safe and mostly convenient at the same time. Just follow a few simple precautions to minimize the chances of being a victim of credit card fraud, such as: Never give your PIN code to anybody (you don’t need your … Read more →