Topic: cyber fraud
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Cyber-Fraud Now Tops Ransomware, Says World Economic Forum
Phishing and cyber-fraud have surpassed ransomware as the top global cybersecurity threat, causing major financial losses and eroding digital trust, with 77% of executives reporting an increase in such incidents. Artificial intelligence is accelerating cybersecurity risks, with most leaders repor...
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Europe's Phone Networks Flooded by Fake Calls
Caller ID spoofing is a primary tool used by cybercriminals in Europe, leading to an estimated €850 million in annual losses and overwhelming phone networks with fraudulent calls. Criminals exploit legal and jurisdictional differences, using spoofing to impersonate trusted entities and facilitate...
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Beware: This 'Privacy Browser' Has Hidden Dangers
The Universe Browser, marketed as a privacy tool, secretly routes user data through Chinese servers and installs malware-like programs, including keyloggers and hidden network connections. It is linked to the Vault Viper criminal syndicate, which engages in money laundering, human trafficking, an...
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