online fraud
Russian authorities arrest cybersecurity giant Group-IB’s CEO on treason charges
Russian authorities have arrested and detained Ilya Sachkov, the co-founder and chief executive of Group-IB — one of the biggest cybersecurity companies in the country — on charges of treason.…
RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in…
Online fraud and identity theft is a global problem that has only been exacerbated with increased online transactions amid the COVID-19 pandemic. In particular, it is estimated that Brazilian companies…
Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions
With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according…
Fraud prevention platform Seon raises a $12M Series A round led by Creandum
Seon, which lets online businesses fight online fraud like fake accounts has raised a $12 million Series A round led by Creandum, with participation from PortfoLion, part of OTP Bank.…
Commercializing the open-source FingerprintJS browser fingerprinting tech nabs Chicago entrepreneur $4M
Chicago-based serial entrepreneur Dan Pinto has raised new cash and launched a new company looking to commercialize a years-old open-source project that purports to solve one of the web’s hardest…
Chaka opens up global investing to Africa’s most populous nation
Fintech startup Chaka aims to open up online investing to Africa’s most populous nation, Nigeria. The seed-stage company recently went live with its mobile-based platform that offers Nigerians stock trading…
Google responds to a WSJ report that concluded there are millions of fake business listings on Maps
After a Wall Street Journal investigation concluded that there are millions of fake business listings on Google Maps, the company has issued a response detailing the measures it takes to…
