International Fraud Prevention Conference

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[International Fraud Prevention Conference @fraud_2019]

#COVID19: Britain's 'covid generation' of 21 to 30-year-olds are being targeted by #criminals on #socialmedia, luring them into becoming purveyors of illicit funds.
Read how this might plunge the already struggling age group into further #economic peril:
https://t.co/iPs1asDy7V

[International Fraud Prevention Conference @fraud_2019]

In 2020 the Dedicated Card & Payment Crime Unit reported a huge increase in #fraudulent activity in the #UK from March 2020 as #fraudsters profit from people losing jobs, #stayinghome, and living life online as a result of the #pandemic.
#IFPC

https://t.co/tH8Dimcq0a

[International Fraud Prevention Conference @fraud_2019]

#Military #cyber response teams went through a live-fire exercise to test the bloc’s ability to bundle its forces in the event of a #cyberattack.
The @EUDefenceAgency , aims to enhance cooperation in the field.
#IFPC #cybercrimeawareness
https://t.co/coEx2Jp347

[International Fraud Prevention Conference @fraud_2019]

A new investigation by leading #European journalists, data in #Luxembourg’s UBO registry shows the EU member state is a “favoured destination for #oligarchs, tycoons, and royalty looking to snap up some of the continent’s most expensive #realestate.”
https://t.co/6Tp7ouxMTo

[International Fraud Prevention Conference @fraud_2019]

2 members of a Romanian crime gang have been arrested for producing fake credit and debit cards and using a skimmer to steal the card details from customers at ticket machines on the London Underground.
#fraudprotection #fraud #skimming #crimegang #IFPC
https://t.co/ujhgawydC6

[International Fraud Prevention Conference @fraud_2019]

@AmlIntelligence interviews Guardia di Finanza chief Tommaso Luigi Solazzo who describes the front line #aml fight in #Italy. He outlines the new money channels used by the #mafia, how #COVID19 has affected #aml & how police are taking on the #darkweb.

https://t.co/jJopKKBC0W

[International Fraud Prevention Conference @fraud_2019]

The @FBI, the @NSAGov, @CISAgov and the Office of the Director of National Intelligence announced that #Russia is suspected to be behind the massive #cyber espionage campaign uncovered last year despite #Trump's denials.
https://t.co/RqKYSUDeaf
#cybersecurity #cybercrime #IFPC

[International Fraud Prevention Conference @fraud_2019]

The @EBFeu has warned that any decision to set up a ‘digital euro’ must be backed by a clear need for it, and that it should benefit both people and businesses.

#digitaleurope #digitaleuro #digitalcurrencies #banktech #IFPC #AMLintelligence

https://t.co/q3nY6L5IkX

[International Fraud Prevention Conference @fraud_2019]

Cybercriminal gangs are using #malware to target US universities, encrypting their #datamaking them pay a #ransom to get it back.
#cybersecurity #COVID19 #cybercrime #covidresearch #IFPC
https://t.co/9IwHsovN1H

[International Fraud Prevention Conference @fraud_2019]

Danish authorities charged two Britons over a €1.3BN tax #fraud and #moneylaundering operation #aml that spanned companies across the globe. #Denmark says it is one of the largest frauds every committed on its territory.

https://t.co/fH1Xv9njDu

[International Fraud Prevention Conference @fraud_2019]

@GardaTraffic have warned against fraudulent messages & emails regarding parcel deliveries in the run-up to Christmas after reports of text messages or emails claiming to be from @Postvox with links to fraudulent websites
#fraud #phishing #IFPC
https://t.co/tZ3uzYJc6k

[International Fraud Prevention Conference @fraud_2019]

A Russian #Bitcoin expert and alleged #malware creator has been accused of orchestrating a large-scale #fraud campaign that used #ransomware to accrue over €135 million in bitcoin and has been sentenced to 5 years imprisonment for #moneylaundering.

https://t.co/cGCAJMMr7B

[International Fraud Prevention Conference @fraud_2019]

Francesca McDonagh, Group Chief Executive of @bankofireland, talks about the importance of a shared #database in fighting #fraud.
"From mid-2019 to mid-2020, Cifas helped us prevent £15.4 million (€17 million) worth of fraud loss. "
#IFPC #datasecurity
https://t.co/c2lfeef8lN

[International Fraud Prevention Conference @fraud_2019]

#CyberMonday - its like #Christmas for #scammers & #cybercriminals. Its one of the biggest #onlineshopping days of the year amplified by global restrictions but historically littered with #scams, smishing, fake websites and #identitytheft.
#fraudawareness
https://t.co/9EVF0d9wsD

[International Fraud Prevention Conference @fraud_2019]

. @Manchester football club admitted it had been #Hacked described as “a sophisticated operation by organised #cybercriminals”. The club reacted quickly & are unaware of a breach of #personaldata associated with fans and customers.
@irishexaminer
https://t.co/7aQ292PwG6

[International Fraud Prevention Conference @fraud_2019]

Singapore has eyes on #digitalcurrency but will aim it at wholesale business rather than everyday transactions. It would be used to facilitate settlements of securities &settle debts among the country’s financial institutions says @MAS_sg @AmlIntelligence
https://t.co/Od2wq0wBpY

[International Fraud Prevention Conference @fraud_2019]

Hackney council experienced an "advanced #cyberattack" in October & warned residents that their services may remain inaccessible for months to come.
They are working with the @NCSC and @NCA_UK to investigate the attack.
#cybercrime #London #IFPC
https://t.co/o9St074pqH

[International Fraud Prevention Conference @fraud_2019]

"Using #ArtificialIntelligence to help fight #financialcrime carries the risk of incorporating human prejudice if not done properly", warns Mika Linna, Head of Financial Crime and #Cybersecurity at @FinFinance

Read full article: https://t.co/xdQdtIwtMu

[International Fraud Prevention Conference @fraud_2019]

A convicted married couple has seen over €25 million of their fraudulent #cryptoassets seized by authorities in The Netherlands in a ‘#deepweb’ #moneylaundering case.
#fraud #cybercrime #IFPC
https://t.co/5fmUwrRC3y

[International Fraud Prevention Conference @fraud_2019]

#Binance has been outed for attempting a “bait and switch” scheme to move money illegally while distracting regulators and taught potential clients how to evade geographic restrictions. #cryptocurrency #MoneyLaundering #illegal @AmlIntelligence
https://t.co/6XEyx2n6PV