Category: Scams
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Google ‘asleep at the wheel’ on crypto deepfake scams
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A cybersecurity expert has criticized Google for inadequate safeguards against deepfakes targeting cryptocurrencies involving Bitcoin and figures like Elon Musk. Recently, scammers took advantage of a fabricated YouTube video of billionaire and Tesla CEO Elon Musk to scam unsuspecting users of cryptocurrencies, including Bitcoin (BTC). Bad actors used artificial intelligence…
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Google ‘asleep at the wheel’ on crypto deepfake scams
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A cybersecurity expert has criticized Google for inadequate safeguards against deepfakes targeting cryptocurrencies involving Bitcoin and figures like Elon Musk. Recently, scammers took advantage of a fabricated YouTube video of billionaire and Tesla CEO Elon Musk to scam unsuspecting users of cryptocurrencies, including Bitcoin (BTC). Bad actors used artificial intelligence…
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AI Enters the Fight Against A2A Scams
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For many years, science fiction has painted an apocalyptic picture of artificial intelligence: cold calculators bent on subjugating humans. But in the world of finance, a different kind of artificial intelligence is emerging – one designed not to steal your money, but to protect it. Visa’s recent pilot with Pay.UK…
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AMF Combats Financial Scams as 15% of French Population Claim Victims
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French financial regulator AMF has released its annual report for 2023, highlighting its efforts to combat financial fraud in the region. According to the regulator, 15% of the French population, including 35% of people under the age of 35, were victims of such fraud during this period. Dedicated Forex cloud…
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Mastercard Fights Back on Scams and Fraud
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Mastercard’s recent moves paint a fascinating picture of the current state of digital trust. On the one hand, They are joining forces with the United Nations Development Programme (UNDP) to address the global epidemic of digital fraud. On the other hand, They use advanced artificial intelligence To thwart the ever-present…
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Don’t Fall Prey to Crypto “Money Mule” Scams
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Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…
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SEC Chair Gensler: Crypto Represents ‘Outsized’ Share Of Scams And Fraud In Overall Markets
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In a recent interview with CNBC, the head of the Securities and Exchange Commission (SEC). Gary Gensler He reiterated his concerns about the cryptocurrency industry, highlighting its alleged connection to scams, fraud and compliance issues within the broader market. Compliance with cryptocurrency securities laws Gensler started with Recognition That although…
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SEC Chair Gensler: Crypto Represents ‘Outsized’ Share Of Scams And Fraud In Overall Markets
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In a recent interview with CNBC, the head of the Securities and Exchange Commission (SEC). Gary Gensler He reiterated his concerns about the cryptocurrency industry, highlighting its alleged connection to scams, fraud and compliance issues within the broader market. Compliance with cryptocurrency securities laws Gensler started with Recognition That although…