Tag: Banking Security
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Man Arrested in Ireland Over €804,798 Online Fraud Investigation
Ireland Reports Arrest in Major Online Fraud Case A man in his 40s has been arrested as part of a concerted investigation into a criminal organisation accused of carrying out online fraud that totals €804,798. The development underscores ongoing efforts by law enforcement and financial institutions to combat sophisticated schemes that exploit digital channels to…
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WhatsApp Warns Users Before Screen Sharing With Strangers in Meta’s Anti-Scam Push
WhatsApp Rolls Out Screen-Share Warnings to Target Scammers Meta-owned messaging platform WhatsApp is tightening security on its video calls by introducing a warning that triggers when users attempt to share their screen with an unknown contact. The change is part of Meta’s broader anti-scam push, aimed at preventing scammers from exploiting shared screens to access…
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Ireland Sees 40% Surge in Fraudulent Payments in 2024: What’s Driving the Rise and How to Protect Yourself
Ireland’s Fraud Scare: A 40% Jump That Shifts the Risk Landscape The Central Bank of Ireland’s Payment Fraud Statistics for 2024 reveal a sharp shift in the risk landscape for consumers and businesses. Last year, the volume of fraudulent payments rose by 40% compared with 2023, with the total value reaching €160 million. While some…
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Swedbank Changes Swish Transfer Limits to Combat Fraud
In a significant move to bolster security and combat fraud, Swedbank has decided to lower the maximum transfer limits for its popular mobile payment service, Swish. This shift is set to affect many users, especially those who frequently utilize the app for larger transactions, often referred to as “big spenders.” Swish has become a staple…