JP Morgan must face suit over $272m cybertheft • The Register

Threat intelligence analysts have unmasked a dark web operation farming facial photos and ID data to enable sophisticated fraud—here’s what you need to know.

Does the public share Trump’s view that Social Security is riddled with fraud? Are millions of dead people receiving benefits? With all the drama, where is public opinion?

Fraud in online transactions is rising in the Asia-Pacific region, posing challenges for merchants through increased identity fraud, chargebacks and revenue losses.

Accused face up to 20 years in prison...

Despite major strides, gaps in combating ad fraud remain. Learn how emerging transparency tools can drive even greater protection.

GameOn?It's looking more like game over for that biz...

AI is driving a transformation across all fields of science, from developing drugs for incurable diseases and improving the understanding of animal communication to self-driving labs. Could this prompt a new golden age of discovery?

Video supported by @mishcon_de_reya

00:00 - How AI is revolutionising science
02:53 - Drug discovery
04:31 - AlphaFold
05:30 - Adoption of AI in science
07:08 - Animal communication
09:26 - Scientific fraud
11:03 - Self-driving labs
14:36 - Future of AI in science

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A short history of AI: https://econ.st/3zg1j8O

How AI can revolutionise science: https://econ.st/3ToRjRm

10% of research may already be co-authored by AI: https://econ.st/3ZiiJfz

AI scientists are producing new theories of how the brain learns: https://econ.st/4d3kMYc

The science that built the AI revolution: https://econ.st/3B4tQPd

Experts and government officials warn of an uptick of scams ahead of Black Friday and the holiday shopping season.

Bill Hwang was found guilty in July on 10 charges related to the 2021 collapse of his family office, Archegos.

Ad fraud watchdog DoubleVerify says dozens of popular apps that generate white noise so you can sleep at night are actually busy stealing "at least $225,000 per app ...

While AI (machine learning) models have been used in fraud management and anti-money laundering (FRAML) before, generative AI (genAI) brings significant new benefits to FRAML initiatives, including improved customer experience, fraud management accuracy, and operational efficiency.

Multi-national organized networks of criminals know how to get to vulnerable people. Learn how to stop them.

Consumer complaints about fraud and scams soared to a record high last quarter as social media platforms face mounting calls to rein in online criminals.

Adams has rejected calls for his resignation.

The raids come two years after Netflix agreed to settle a $60 million tax dispute with Italy.

The ticketing industry must recognize the severity of the threat posed by bots and online fraud.

Robert Goulder and William Stone III of Morris, Manning & Martin LLP discuss the IRS’s focus on fraud in the employee retention credit claims and syndicated conservation easement transactions.

This evolution starts with gaining a comprehensive understanding of the methods fraudsters use to perpetrate their schemes.

Here is some context to AI-backed fraud detection and ways to get started using it.

There is a growing need for companies to invest in enhancing their security posture to combat data breaches, fraudulent activities and threats.

Trump has baselessly claimed the Biden administration is purposely allowing undocumented immigrants to cross the border so they can vote for him.

The trade in black market timber is now the third most profitable cross-border crime after counterfeiting and drug trafficking, according to Interpol. The global fraud is destroying critical forests, undermining international sanctions and decimating indigenous lands and livelihoods. But authorities are hitting back. The FT’s Madeleine Speed visits the high-tech forest detectives fighting the multibillion-dollar trade in tarnished timber.

#timber #forestry #blackmarket

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Bill Hwang was found guilty on 10 of 11 charges of securities fraud, wire fraud, conspiracy, racketeering and market manipulation Wednesday after a two-month trial.

Janet Yamanaka Mello, 57, pleaded guilty to a seven-year fraud scheme in which she allegedly stole money from the U.S. Army. Read more about the scheme, here.

Judge allows fraud case to continue after customer resubmits complaint...