Most fraud detection gets deployed at crude, arbitrarily chosen thresholds that actively hemorrhage millions. Here's how ...

A Chinese-speaking threat actor ran three open-source AI agent frameworks against hundreds of online retailers this summer — autonomously, at a marginal cost of roughly $25 per company — stealing more ...

This week I bring news of a daring casino caper hatched by a pair of rogue AI agents—as well as the clever trick that revealed their antics. After researchers instructed them to count cards during a ...

In February, a company processing debit-card transactions for Polymarket’s U.S. betting platform delivered some alarming news: Fraudsters were flooding the app. Users were linking stolen debit cards ...

Travel agencies are susceptible to fraud because of the nature of what they do: Criminals are attracted to pricey transactions made without the presence of a physical credit card. And in the era of AI ...

The National Fraud Detection Center operates under the Justice Department's new National Fraud Enforcement Division that was created earlier this year. For years, information about fraud against ...

A woman reported Sept. 5 that her purse was stolen from her shopping cart at Giant Eagle that morning. She was unaware of the theft because she had made her purchase with a credit card she kept ...

The U.S. Department of Justice is using artificial intelligence and advanced data analytics to identify healthcare fraud as it happens, rather than months or years later. That advancement can help ...

Reverse mortgage proceeds can come in three ways: a line of credit, a lump sum, or monthly payments, and the choice affects both cost and risk. For projects spread over months or years, a line of ...

Virginia’s child welfare system is meant to protect children from abuse and neglect, but it can sometimes struggle to provide the safety, stability and permanent homes they need. In this special ...

Current fraud tactics criminals are using to steal money and identity Nvidia set to lose $700 billion in value as Jensen Huang resigns Russian colonel blown up in St Petersburg car bombing Quentin ...

Although the financial services industry has gotten better at thwarting fraud, it “squeezes the crime balloon,” spurring criminal effort and energy to be directed toward harder-to-detect scams, a Navy ...