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Stimulus Cash Puts IRS on Alert for Scammers Preying on Unwary
BLOOMBERG TAX NEWS The Internal Revenue Service is bracing for another kind of epidemic -- scammers trying to get their hands on the $1,200 payments being sent out to millions…
Arkose Labs Raises $22 Million in Series B Round Led by M12, Microsoft’s Venture Fund
With participation from PayPal and USVP, this new funding round empowers Arkose Labs in its fight to bankrupt the business of online fraud and abuse SAN FRANCISCO, March 24, 2020…
Arkose Labs raises $22 million to automatically detect online fraud
Arkose Labs, which is developing a platform that detects and mitigates online fraud, today announced that it has raised $22 million. CEO and founder Kevin Gosschalk said the capital would…
Welcoming Arkose Labs to the M12 portfolio
By James Wu I’m excited to welcome Arkose Labs — a fraud and abuse prevention platform, to protect web and mobile apps — to the M12 portfolio. In an increasingly…
Arkose Labs Raises $22M For Anti-Fraud Platform After 400% Revenue Growth in 2019
Arkose Labs, a startup focused on online fraud and abuse prevention, has raised $22 million in a Series B financing led by Microsoft’s venture fund, M12. Existing backers PayPal and USVP also put money in…
Social Media Networks Is a Favorite Phishing Spot for Scammers Because It’s Easy Pickings
“I heard this is a great phishing spot.” – Pro-scammer. As a medium for communication, social media is a game-changer for the modern world. Its wide adoption guarantees it’s going…
Fraudsters Level Up on Sophisticated Online Gaming Attacks
Arkose Labs report shows 30% increase in gaming attacks SAN FRANCISCO, March 12, 2020 (GLOBE NEWSWIRE) -- Arkose Labs, providers of online fraud prevention technology, announced a 30% spike in…
Study, FTC, BBB: Online-dating fraud attacks up sharply
With Valentine’s Day around the corner, love is in the air but, unfortunately, so is fraud on many online dating websites. A data review by Arkose Labs found human-driving online…
Fraudsters turn to the human factor to boost their attacks
For all of today's sophisticated technology, sometimes there's no substitute for the human touch when it comes to getting the job done and it seems this applies to fraud as…
Meteoric Rise in Fraud Attacks by Human Farms
The end of last year saw a considerable spike in human farms being used by cybercriminals to launch low-cost fraud attacks around the globe, a new report from the fraud risk…
