Data-measurement firm Comscore has settled fraud charges with the Securities and Exchange Commission and will pay a $5 million penalty. Its former CEO, Serge Matta, will pay $700,000 and give Comscore back $2.1 million from his pay and sales of company stock. Comscore and Matta did not admit or deny the SEC’s charges. The commission […]
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As companies continue to invest in heavily amping up their security measures, fraudsters are shifting their aim — now targeting business’s less-secure alternative payment methods. A record-breaking 82% of organizations became victims of payment fraud in 2018, according to the Association for Financial Professionals. The threats facing small and midsize businesses are more severe. The
tech2 News StaffSep 15, 2019 15:54:48 IST Spotify wants to know if users of its Premium Family subscription program are abusing it by hiding their location data. The plan costs USD 15 per month for up to six people, however, the condition requires all six to be living at the same address. According to Cnet,
80 Scammers Charged in International Romance Fraud Conspiracy By Caleb Danziger You’ve probably heard about or even received the emails from people who claim to be stranded in desperate situations and need money immediately wired to them. Some of them take the time to befriend their victims first and spark supposed romances with them. Some
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It is estimated that this year ad fraud will see $5.8 billion from advertisers, showing the growing issue It comes as no surprise that ad fraud has grown into an increasingly huge problem for brands and the digital advertising industry as a whole. This year alone, it is estimated that fraudsters will steal $5.8b from
In the last decade, we’ve seen a rise in online shopping, from e-commerce powerhouses to direct-to-consumer up-and-comers. Customers are reaping the benefits from the sophistication and growth available through digital retail. Heading into 2019, e-commerce sales comprised 15 percent of total retail sales and, according to Mary Meeker’s 2019 internet trend report, e-commerce sales growth in
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According to BIA/Kelsey, location data will be used in upwards of $38bn of mobile ad spend in the US this year, but unfortunately for marketers paying to reach consumers in specific locations, the evidence suggests that much of the location data being used in location-based ad targeting is not only inaccurate but totally fraudulent. Somewhere
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Amazon’s fake reviews problem is apparently getting worse. But most consumers are unaware of the issue, let alone its size and scope. Amazon, review graders battle over size of problem. FakeSpot and ReviewMeta, which analyze Amazon reviews, have published studies that argue majorities of reviews in specific product categories (e.g., electronics) are fraudulent. Amazon has
Review fraud: Hijacked Amazon reviews a big problem says Consumer Reports Read More »
Who really is that voice, 80 indicted for email fraud and ditch old software Welcome to Cyber Security Today. It’s Monday August 26th. I’m Howard Solomon, contributing reporter on cyber security for ITWorldCanada.com. To hear the podcast, click on the arrow below: Smart organizations have strict policies over how employees handle money. Certain verbal
4 Steps to Avoid Cryptocurrency Fraud on Instagram Instagram’s cryptocurrency fraud news is for real. There was a wave of complaints from investors about the security of crypto coins operating on Instagram. Many investors also claimed that there were fake sellers promising to offer luxury deals at bargain prices, but once they transferred their coins,
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