Orion, a Texas-based company, has lost $60 million due to a significant wire fraud scam. The FBI warns that such scams are already a multi-billion-dollar problem, with 84% of businesses hit by fraud attempts in the previous year. Existing security tools, such as Secure Email Gateways and behavioral AI solutions, fall short in effectively detecting and preventing business wire transfer fraud. Hence, companies need AI-powered systems that cover the entire payment process and can identify and alert authorities of suspicious activities in real-time.
New Triada comes preinstalled on Android devices
A new variant of the Triada Trojan has been discovered pre-installed on Android devices, enabling data theft from the moment the device is set up,
