Latest news with #BforeAI
Yahoo
28-05-2025
- Business
- Yahoo
Stretch Your Dollar: Experts warn that tariffs schemes could trick consumers into paying fake fees
WASHINGTON () — As new tariffs shift the consumer landscape, bad actors could capitalize on confusion, experts warn. BforeAI's PreCrime Labs, a cybersecurity firm, reports that more than 300 registered domain names could be used in plots to take money from unwitting people. Check out these WorldPride events happening this week in DC Some schemes could include someone posing as a mail carrier in an email or text message. They could claim that consumers have a package ready for delivery, but will hold the package until the recipient pays a tariff fee. Tariffs are paid by importers, so a mail carrier would not ask a buyer to pay a fee. The Better Business Bureau offers the following advice to protect consumers in the face of schemes: Never send money to someone you've never met in person Avoid links or attachments in unsolicited emails Don't send personally identifiable information Double-check that transactions are secure Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
22-05-2025
- Business
- The Hill
Scammers using confusion amid Trump's tariffs to trick consumers
President Trump's tariff policies could be opening doors for cybercriminals, scammers and hackers looking to make a quick buck off confused consumers, experts warn. People will expect to be paying more for their goods, but they might not understand where that price will be tacked on — enabling bad actors to request faux tariff-related payments or advertise relief that won't ever come. BforeAI's PreCrime Labs team found roughly 300 tariff-related domain registrations for cybercriminal use, according to the cybersecurity company's recent report. Fake package messages and government emails Customers could be on the receiving end of calls, texts or emails that claim they owe tariffs on a package they've already received or that is headed their way. Some messages could come from websites and emails that may seem official, given titles like 'U.S. Customs' or 'U.S. Tariffs,' Lifehacker reports. But don't be fooled. Tariffs are paid by the importing companies, which then raise prices and essentially pass on the price hike to consumers — the average American likely won't have to fork over any tariff payments outside of a typical transaction setting. Bentley University professor Steve Weisman, creator of also warns of emails that look like they're from common delivery services. The phony postal companies may say a package is available for delivery, but only after a tariff is paid. 'In a variation on the previous delivery scam, someone posing as a Federal Express or other delivery service employee actually comes to your home the day after you received a delivery asking you to pay for the tariff on the delivery you received,' Weisman wrote. 'In this case the scammer has learned of the delivery through hacking your computer.' Tariff-relief payments Similar to pandemic-era stimulus check scams, consumers should avoid advertisements claiming 'tariff relief payments' from the government. There is no such thing, as of May 2025, and clicking on links for the supposed relief could lead to phishing sites looking for personal information. How to avoid tariff scams Like any other scam, avoiding a tariff-related scheme is a matter of thinking before clicking, confirming or sharing information. The Better Business Bureau urges potential victims to: Those who believe they've been a victim of a scam can report the scheme to the BBB at this link.
Yahoo
21-05-2025
- Business
- Yahoo
Scammers using confusion amid Trump's tariffs to trick consumers
(NewsNation) — President Donald Trump's tariff policies could be opening doors for cybercriminals, scammers and hackers looking to make a quick buck off confused consumers, experts warn. People will expect to be paying more for their goods, but they might not understand where that price will be tacked on — enabling bad actors to request faux tariff-related payments or advertise relief that won't ever come. BforeAI's PreCrime Labs team found roughly 300 tariff-related domain registrations for cybercriminal use, according to the cybersecurity company's recent report. 54% of Americans plan to slash travel, entertainment spending: Survey Customers could be on the receiving end of calls, texts or emails that claim they owe tariffs on a package they've already received or that is headed their way. Some messages could come from websites and emails that may seem official, given titles like 'U.S. Customs' or 'U.S. Tariffs,' Lifehacker reports. But don't be fooled. Tariffs are paid by the importing companies, which then raise prices and essentially pass on the price hike to consumers — the average American likely won't have to fork over any tariff payments outside of a typical transaction setting. The 10 cities most popular with Gen Z home shoppers, according to mortgage data Bentley University professor Steve Weisman, creator of also warns of emails that look like they're from common delivery services. The phony postal companies may say a package is available for delivery, but only after a tariff is paid. 'In a variation on the previous delivery scam, someone posing as a Federal Express or other delivery service employee actually comes to your home the day after you received a delivery asking you to pay for the tariff on the delivery you received,' Weisman wrote. 'In this case the scammer has learned of the delivery through hacking your computer.' Similar to pandemic-era stimulus check scams, consumers should avoid advertisements claiming 'tariff relief payments' from the government. There is no such thing, as of May 2025, and clicking on links for the supposed relief could lead to phishing sites looking for personal information. Walmart responds to Trump comment that retailer should 'eat the tariffs' Like any other scam, avoiding a tariff-related scheme is a matter of thinking before clicking, confirming or sharing information. The Better Business Bureau urges potential victims to: Never send money to someone you've never met in person Avoid links or attachments in unsolicited emails Don't send personally identifiable information Double-check transactions are secure Those who believe they've been a victim of a scam can report the scheme to the BBB at this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Cision Canada
24-04-2025
- Business
- Cision Canada
NetWitness and BforeAI Forge Strategic Partnership to Revolutionize Cybersecurity with Predictive Intelligence
BOSTON, April 24, 2025 /CNW/ -- NetWitness, a leading provider of threat detection and response solutions, and BforeAI, a pioneer in predictive security, today announced a strategic partnership aimed at transforming the cybersecurity landscape. This collaboration integrates BforeAI's PreCrime™ technology into the NetWitness Platform, delivering unparalleled predictive threat intelligence to proactively identify and mitigate cyber threats. "In today's rapidly evolving threat environment, anticipating and neutralizing cyberattacks before they occur is paramount," said John Pirc (JP), Head of Product Management at NetWitness. "By integrating BforeAI's predictive capabilities, we're empowering organizations to stay ahead of adversaries and protect their critical assets more effectively." BforeAI's PreCrime™ platform leverages advanced AI and machine learning to forecast malicious activities, enabling security teams to take pre-emptive actions. This integration enhances NetWitness's ability to provide comprehensive visibility and rapid response across complex digital infrastructures. "Our mission at BforeAI has always been to shift cybersecurity from reactive to proactive," said Luigi Lenguito, Founder and CEO at BforeAI. "Partnering with NetWitness allows us to extend our predictive insights to a broader audience, helping organizations thwart threats before they materialize." The combined solution offers: Predictive Threat Intelligence: Utilizing AI to identify and neutralize threats before they impact systems. Enhanced Visibility: Providing comprehensive insights into potential vulnerabilities and attack vectors. Accelerated Response: Enabling faster decision-making and incident response through advanced analytics. This partnership marks a significant advancement in cybersecurity, offering organizations a powerful tool to anticipate and defend against emerging threats. About BforeAI : BforeAI is a pioneer in Predictive Attack Intelligence and Digital Risk Protection Services (DRPS). Using behavioral AI, our PreCrime™ platform aims to shift cyber defense from reactive to preemptive. With brand protection and threat intelligence solutions, BforeAI is the industry's fastest, most accurate automated online fraud protection. To learn more, visit About NetWitness : Founded in 1997, NetWitness is a leading threat detection & cyber security monitoring company. The NetWitness platform combines visibility, analytics, and automation into a single solution allowing customers to prioritize, respond, reconstruct, survey, investigate and confirm information about the threats in their environment and take the appropriate response—quickly and precisely. Visit to learn more.
Forbes
10-04-2025
- Business
- Forbes
Trump Tariff Confusion Fuels Online Scams
WASHINGTON, DC - APRIL 02: U.S. President Donald Trump holds up a chart while speaking during a ... More 'Make America Wealthy Again' trade announcement . (Photo by) Donald Trump's scatter-gun imposition of tariffs is causing uncertainty around the world—and cybercriminals are exploiting the confusion. Following months of tariff threats, they've been busily registering fraudulent domain registrations—301 in the first quarter of the year—to launch a wave of scam and hate campaigns. And, said PreCrime Labs, the threat research team for security firm BforeAI, these domain registrations are originating in a wide variety of countries, including China, Iceland, the Netherlands, Italy, Thailand, Canada and Japan, suggesting a possible wave of mutual retaliation. "Several domains found in the set pose a risk of misleading businesses into financial scams, particularly those within industries recently impacted by tariff changes," said the researchers. "There were some instances of domains containing anti-tariff content, potentially indicating activist or protest-oriented efforts. Beyond this, these websites could possibly be attempting to spread false political messaging or misinformation by providing 'clickbait' topics." One of the most prominent - and potentially dangerous - is a newly registered phishing domain titled US Customs and Tariffs, that aims to convince visitors that they're required to make payments to a legitimate government entity. Requests for payments are spread using email or messaging campaigns with a strong sense of urgency, directing victims to the fraudulent site where they can be financially fleeced. This website was recently registered with a hoster that has a history of hosting malicious domains in the past, the researchers said. Meanwhile, cryptocurrency coins, leveraging tariff-related terms and the 'Doge' meme coin, have been launched on the Solana exchange, with their own X and Telegram channels. These websites appear pretty harmless, with AI-generated humorous content designed to attract investor attention. There's also a spate of new websites using the word "tariff" as a prefix, along with random items that could be affected by the tariffs, including wine, guitar, health and e-commerce, probably aimed at spreading misinformation. Last month, too, a surge of trolling websites appeared, mocking Trump's moves on tariffs. "The use of harsh language to spread trolling messages and hatred against the government has a potential to influence voter sentiment and create hostility, hindering cooperation with governing bodies," the researchers said. "Attackers can exploit this by using the clickbait to mass-spam users, potentially compromising accounts and stealing personally identifiable information (PII), regardless of the user's initial interest." The team says that the trend is likely to accelerate as the tariff war continues, with a rise in fraudulent businesses claiming to provide tariff-related services or educational resources on the new legislation. "Therefore, it is strongly recommended that users thoroughly inspect newly formed consultancies, agencies, and cryptocurrency coins before engaging with them, as they may be designed to harvest personal information, further trapping users in financial scams," the researchers warned. The constant dizzying changes in Trump's tariff policy is a goldmine for scammers, and crypto scammers in particular. One crypto investment scam called CanCap recently used a fake endorsement from the then prime minister Justin Trudeau, for example, to encourage the unwary to "invest".
