Facebook Uses Lawsuit To Disrupt Scammers Attempts
Meta (formerly known as Facebook) filed a federal lawsuit in California to stop scams and phishing attempts against users of Facebook, Messenger, Instagram, and WhatsApp. They announced the lawsuit today. They Are Going After Scammers That Created 39,000 CopyCat Facebook Websites The lawsuit attempts to reveal who is behind these phishing schemes that have been […]
Fintech’s Are Blocking Other Fintechs For Fraud
A report in Forbes today indicates that “fraud is a growing issue for fintech companies, as bad actors are doing everything from stealing identities to exploiting the slow U.S. bank-to-bank transfer network to siphon off money.” The problem has gotten so bad that several companies are now banning transfers for digital banks in a blunt effort to […]