Today’s Fraud News from around the world:
Videotron sees spike in phishing scams due to COVID-19: Quebec telecommunications company Videotron has seen an increase in phishing scams related to COVID-19 in recent weeks.: “Phishing” – BingNews
Money in the Hands of AI: How Fintech and Banks are Banking on AI for Cybersecurity: Trusting AI to keep the banks safe can be a good or bad thing. It all depends on who wins — villains or heroes. We’ll discover …: “Phishing” – BingNews
Opinion: Beware of COVID-19 fraud and schemes: By coordinating with dozens of federal law enforcement agencies, state and local authorities and you, we can root out scammers and shut them down.: “Phishing” – BingNews
Increase in phishing: Videotron urges caution: Videotron ( ), a wholly owned subsidiary of Quebecor Media Inc., is an integrated communications company engaged in cable television, interactive multimedia development, Internet access, cable …: “Phishing” – BingNews
5 ways to Protect Your Business from COVID-19 Phishing SCAMS: Messaging Architects, an eMazzanti Technologies Company and email security consultant, presents tips to protect against numerous COVID-19 phishing scams that have appeared during …: “Phishing” – BingNews
Is Automotive CyberSecurity A National Defense Issue: With over-the-air software updates, one can turn a fleet of cars into destructive robots. Does this rise to the level of national defense ?: “Phishing” – BingNews
Beware This New Microsoft Teams Password Hacking Threat To 75 Million Users: Security researchers have observed thousands of cloned Microsoft Team login pages being used in an attempt to harvest account credentials.: “Phishing” – BingNews
French daily Le Figaro leaks 7.4 Billion records: Le Figaro database accidentally exposed online, the archive included roughly 7.4 billion records containing personal information of employees and users. French daily newspaper Le Figaro exposed …: “Phishing” – BingNews
Citrus Heights: Email Security And Phishing Scams: May 1, 2020. Email scams and phishing threats have become more frequent, as people look to take advantage of COVID-19. It is importa …: “Phishing” – BingNews
Fake ransom seeking email scam prowling in Indian cyberspace: Country’s federal cybersecurity agency has alerted internet users against an ongoing “fake” email campaign that claims to have recorded personal video of a user which could be published if a ransom …: “Phishing” – BingNews
Fraud Prevention Tip: 3-D Secure: A somewhat recent technological development, in this system a there is an added layer of confirmation and security to ensure that fraud related incidents are minimized. It includes or spans three domains, hence the name 3-D . The first one is the acquirer domain which represents the bank and the merchant to whom money is being paid. The second one is the issuer domain which represents the bank which issued the card being used. The last one is the Interoperability Domain this represents the infrastructure provided by the card scheme, credit, debit, prepaid or other type of finance card, to support the 3-D Secure Protocol. This can be the Internet or a telecom service provider. For example a code could be sent to the customer’s registered cell phone number with issuer domain, and the customer would have to enter in the given code to proceed with the online transaction.