Total figure for fraudulent transactions Apple has blocked since 2020 now stands at over $11bn
Tag: transactions
Global Security News
Apple blocked over $11 billion in App Store fraud in 6 years
Apple revealed that it blocked over $11 billion in fraudulent App Store transactions over the last six years, more than $2.2 billion in potentially fraudulent App Store transactions in 2025 alone. […]
AI, Global Security News
Microsoft releases open-source toolkit to govern autonomous AI agents
AI agents can book travel, execute financial transactions, write and run code, and manage infrastructure without human intervention at each step. Frameworks like LangChain, AutoGen, CrewAI, and Azure AI Foundry Agent Service have made this kind of autonomy straightforward to deploy. The governance infrastructure to match that autonomy has lagged behind. Microsoft released the Agent…
AI, Data Security, Global Security News
Nearly half a Million mobile customers of Lloyds Banking Group affected by security incident
Lloyds Banking Group data incident exposed transactions of ~450,000 mobile banking users due to a faulty update. A faulty software update at Lloyds Banking Group exposed transaction details of nearly 450,000 mobile banking users on March 12. The issue caused some customers to see other users’ account activity within the app, prompting the bank to…
Global Security News
Lloyds IT Glitch Exposed Data of Nearly 500,000 Banking Customers
Lloyds app glitch exposed up to 447,936 customers’ transactions and personal data during update
AI, Apps, Global Security News
Identity verification systems are struggling with synthetic fraud
Fake and expired IDs keep showing up in routine customer transactions, from alcohol purchases to credit card applications. The problem shows up most often in industries that depend on fast onboarding and remote transactions, where identity checks rely heavily on scanned documents and automated workflows. Intellicheck analyzed nearly 100 million identity verification transactions collected through…