fastcompany
Financial aid fraud is on the rise. Here’s how scammers are stealing funds

As fake enrollments for online courses surge, some professors discover that no one in their classes is real. [...]

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venturebeat
Anthropic rolls out Claude AI for finance, integrates with Excel to rival Microsoft Copilot

Anthropic is making its most aggressive push yet into the trillion-dollar financial services industry, unveiling a suite of tools that embed its Claude AI assistant directly into Microsoft Excel and c [...]

Match Score: 85.66

Destination
Scammers are enrolling fake students at US community colleges and using AI to collect financial aid

AI-powered cheating is spreading at US community colleges. According to The New Yorker, scammers enroll fake students in courses, use AI to complete their assignments, and pocket the financial aid. Hi [...]

Match Score: 59.84

Destination
How Scammers Use AI in Banking Fraud

AI has empowered fraudsters to sidestep anti-spoofing checks and voice verification, allowing them to produce counterfeit identification and financial documents remarkably quickly. Their methods have [...]

Match Score: 49.31

venturebeat
The 11 runtime attacks breaking AI security — and how CISOs are stopping them or can stop them

Enterprise security teams are losing ground to AI-enabled attacks — not because defenses are weak, but because the threat model has shifted. As AI agents move into production, attackers are exploiti [...]

Match Score: 48.58

venturebeat
The attack dominating financial services doesn't steal passwords. It resets MFA and steals the token.

The attacker who hit the most financial services organizations over the past 12 months never phished a password. They called an IT support line, convinced an employee to reset their MFA, and registere [...]

Match Score: 47.53

Destination
Ireland is pitching a law to force big tech companies to vet ads before publication

Ireland has pitched a law to force tech companies to vet ads before publishing them, according to reporting by Financial Times. This is part of a larger push by the EU Commission to make tech entities [...]

Match Score: 43.81

venturebeat
What AI builders can learn from fraud models that run in 300 milliseconds

Fraud protection is a race against scale. For instance, Mastercard’s network processes roughly 160 billion transactions a year, and experiences surges of 70,000 transactions a second during peak pe [...]

Match Score: 43.63

Destination
Meta warns users not to fall for romance scammers posing as celebrities or military

Think you might have met someone “attractive, single and successful” on Facebook or Instagram? You might want to think again, Meta says. Ahead of Valentine’s Day, the company is once again warni [...]

Match Score: 41.63

Destination
Former MoviePass head pleads guilty to securities fraud

“A Florida man pleaded guilty today,” began a Department of Justice press release published on Tuesday. In this case, the ever-infamous Florida Man is none other than Ted Farnsworth, the former CE [...]

Match Score: 40.30