Browsing tag

Financial Fraud

Google Sues App Developers Over Fake Crypto Investment App Scam

Google has filed a lawsuit in the U.S. against two app developers for allegedly engaging in an “international online consumer investment fraud scheme” that tricked users into downloading bogus Android apps from the Google Play Store and other sources and stealing their funds under the guise of promising higher returns. The individuals in question are […]

How Cybercriminals are Exploiting India’s UPI for Money Laundering Operations

Cybercriminals are using a network of hired money mules in India using an Android-based application to orchestrate a massive money laundering scheme. The malicious application, called XHelper, is a “key tool for onboarding and managing these money mules,” CloudSEK researchers Sparsh Kulshrestha, Abhishek Mathew, and Santripti Bhujel said in a report. Details about the scam […]

How Businesses Can Safeguard Their Communication Channels Against Hackers

Efficient communication is a cornerstone of business success. Internally, making sure your team communicates seamlessly helps you avoid friction losses, misunderstandings, delays, and overlaps. Externally, frustration-free customer communication is directly correlated to a positive customer experience and higher satisfaction. However, business communication channels are also a major target for cybercriminals. In recent years, especially since […]