Internet Fraud Prevention
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I4C Blocked Over 83,668 WhatsApp Accounts and 3,962 Skype IDs Used in Digital Arrest Scams, Government Says
Cyber fraud instances, including digital arrest scams, are on the rise in India. Digital arrest scams, where scammers impersonate law enforcement officers, target elderly individuals and other vulnerable users are often targeted. The government has disclosed some of the measures taken to detect and prevent such scams, while raising awareness about ...
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Application of AI in Finance Causes Imbalance if "Unleashed Unfettered", Warns UK Financial Watchdog
Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial Conduct Authority (FCA) was expected to say on Wednesday. Nikhil Rathi, chief executive of the FCA, said in remarks made available to the media in advance of a speech, that he was a...
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ChatGPT Usage Banned in French University Over Concerns About Fraud, Plagiarism
ChatGPT usage has been banned at Sciences Po, one of France's top universities, to prevent fraud and plagiarism. The university said on Friday the school had emailed all students and faculty announcing a ban on ChatGPT and all other AI-based tools at Sciences Po. ChatGPT has already been banned in some public schools in New York City and Seattle, a...
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Chinese Regulators Said to Push Tech Giants Including Tencent, Ant Group to Share Consumer Credit Data
China could push tech giants including Tencent, JD.com, and Ant Group to share their customers’ loan data with them to prevent excess borrowing and fraud, two people with knowledge of the matter said.
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Paytm Payments Bank Says Telcos Should Act Faster to Counter Online Fraud
Telecom companies in India need to implement stringent preventive and punitive measures to counter the menace of online frauds executed through spam SMS or calls, a top Paytm Payments Bank (PPB) executive said on Thursday.
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PayPal to Acquire Fraud Prevention Company Simility for $120 Million
Palo Alto, California-based Simility sells machine-learning-based technology to help online merchants spot fraudsters and improve risk management.
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New software developed that helps prevent online banking fraud
The software is claimed to detect and block unauthorised commands by determining user intent.
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I4C Blocked Over 83,668 WhatsApp Accounts and 3,962 Skype IDs Used in Digital Arrest Scams, Government Says
Cyber fraud instances, including digital arrest scams, are on the rise in India. Digital arrest scams, where scammers impersonate law enforcement officers, target elderly individuals and other vulnerable users are often targeted. The government has disclosed some of the measures taken to detect and prevent such scams, while raising awareness about ...
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Application of AI in Finance Causes Imbalance if "Unleashed Unfettered", Warns UK Financial Watchdog
Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial Conduct Authority (FCA) was expected to say on Wednesday. Nikhil Rathi, chief executive of the FCA, said in remarks made available to the media in advance of a speech, that he was a...
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ChatGPT Usage Banned in French University Over Concerns About Fraud, Plagiarism
ChatGPT usage has been banned at Sciences Po, one of France's top universities, to prevent fraud and plagiarism. The university said on Friday the school had emailed all students and faculty announcing a ban on ChatGPT and all other AI-based tools at Sciences Po. ChatGPT has already been banned in some public schools in New York City and Seattle, a...
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Chinese Regulators Said to Push Tech Giants Including Tencent, Ant Group to Share Consumer Credit Data
China could push tech giants including Tencent, JD.com, and Ant Group to share their customers’ loan data with them to prevent excess borrowing and fraud, two people with knowledge of the matter said.
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Paytm Payments Bank Says Telcos Should Act Faster to Counter Online Fraud
Telecom companies in India need to implement stringent preventive and punitive measures to counter the menace of online frauds executed through spam SMS or calls, a top Paytm Payments Bank (PPB) executive said on Thursday.
-
PayPal to Acquire Fraud Prevention Company Simility for $120 Million
Palo Alto, California-based Simility sells machine-learning-based technology to help online merchants spot fraudsters and improve risk management.
-
New software developed that helps prevent online banking fraud
The software is claimed to detect and block unauthorised commands by determining user intent.
