In an era where cyber threats are becoming more sophisticated by the day, traditional security measures are proving to be no match for modern attacks. Recognizing this, Entrust, a global leader in payments, identities, and data security, has introduced an AI-powered identity verification feature to
In the rapidly evolving world of cryptocurrency, deepfake fraud has emerged as a pressing challenge that outpaces traditional document fraud in terms of sophistication and impact. Crypto companies are now reporting significant financial losses, with the innovative nature of these attacks posing a
In a landmark case that highlights the intricate nature and high stakes of cybercrime in the digital currency era, Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex exchange heist, received a five-year prison sentence from a United States court. The 35-year-old orchestrated an elaborate
With the rise of remote work, the latest technologies, and the increased difficulty of meeting employees face-to-face, there has been an unprecedented opportunity for job applicants to conceal their true identities and commit employment fraud. This scenario presents a significant challenge for
In recent months, the rapid increase in crypto scams has raised alarms within the blockchain community, signaling a troubling trend despite notable advancements in security measures. Blockchain security firm CertiK’s latest report has highlighted the alarming rise in phishing attacks and private
As the world geared up for the grand spectacle of the Paris Olympics, another unseen battle was unfolding behind the scenes—a battle against cyberattacks. The games, spanning from July 26 to August 11, placed the French government and its cybersecurity agency, Anssi, on high alert. Their mission
