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Fraud Prevention

The OpenAI–Hugging Face Incident Signals a New Business Risk 

Ai, AI Scams, Cybercrime, Cybersecurity, Data Breach, Digital Scam, Fraud Prevention, Identity, Identity Protection, Online Scams, Scam Detection /

The recent cybersecurity incident involving an autonomous AI agent developed by OpenAI and the AI platform Hugging Face is raising new questions about how businesses manage increasingly capable artificial intelligence systems. Widely described as the first documented autonomous AI cyberattack, the event marks a significant milestone in the evolution of enterprise cybersecurity risk.  Unlike previous […]

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Report Finds Online Scam Costs

Report Finds Online Scam Costs Exceed $119 Billion, Far Above Official Figures

AI Scams, Blog, Cybercrime, Deepfake, Digital Scam, Fraud Prevention, Identity Protection, Identity Theft, Monitoring, Online Scams, Phishing, Scam, Scam Detection /

A new report from the Consumer Federation of America (CFA) estimates Americans lose a staggering $119 billion annually to online scams—more than seven times higher than official figures. While the FBI’s Internet Crime Complaint Center (IC3) reported $16.6 billion in losses in 2024 (up 33% year over year), the CFA’s analysis accounts for underreporting and

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