Latest news with #ScamCheck
Yahoo
25-06-2025
- Business
- Yahoo
Trend Micro Introduces Scam Radar: Industry-First Personalized Early Scam Warning Feature for Consumers
New capability in Trend Micro ScamCheck app uses advanced techniques to protect users when they need it most DALLAS, June 25, 2025 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, today announced the launch of Scam Radar, an innovative new feature within the Trend Micro ScamCheck app. Scam Radar offers real-time protection by identifying scam tactics utilized by cybercriminals as they happen, alerting users early and empowering them to take action before any harm is done. A recent study by Trend Micro found that 30% of consumers reported having been a victim of an online scam and 39% of victims did not even realize they had been scammed until they lost a significant amount of money. The study was conducted in June 2025 among 6,632 consumers in 6 countries. Unlike traditional scam detection tools which primarily look at a specific piece of content, website or a suspicious phone number, Scam Radar represents a transformative step in personal cybersecurity. It analyzes different communications methods used by scammers in a coordinated fashion such as SMS, websites, and messaging apps along with potential user behaviors that together may lead to the targeting of a potential victim by a scammer. This new capability is trained on many of the typical sequences used by scammers; when any of these tactics are detected, users will receive timely alerts and tailored guidance early in the scam targeting process to interrupt the work of the scammer and help consumers avoid potential financial loss or exposure of their personal information. Silent Guardian, Real-Time Defender Trend Micro found that 27% of victims had been targeted by scams related to online shopping while 22% said it was related to an attractive investment or way to earn money quickly. Additionally, 60% of all respondents reported having been targeted but not necessarily falling for the scam with 26% reporting they were targeted by someone purporting to be an official government organization. Scam Radar works seamlessly in the background, providing round-the-clock monitoring of scam tactics typically used in investment, government impersonation, shopping, loan and delivery scams. Consumers are warned at both early and later stages of a scam targeting scheme, giving the user enough time to act as soon as possible; Scam Radar also continues to provide protection, warnings and guidance if a user proceeds to follow the scammer's intended path. With the recent wave of publicized data breaches along with current geopolitical uncertainty, cybercriminals could be taking advantage of this moment and of any illegitimately obtained personal information to target millions of consumers with highly targeted scams. While 52% of consumers who claimed they had been targeted but not victimized said they could easily identify the work of scammers, the increased access to personal information by cybercriminals will make their job easier and harder to distinguish by even the most tech-savvy. Trend Micro recommends consumers use a triple protection approach: vigilance over what they are consuming online and how they are consuming it, good digital habits such as strong password practices or employing a password manager, and finally, utilizing technology tools that are both effective and cost-efficient in supplementing their good digital habits. With Scam Radar, users gain a valuable digital ally – one that detects deception in real time and enables faster, safer decision-making. It is also a practical tool for individuals helping loved ones navigate digital threats, such as elderly family members or those less familiar with scam tactics. About Trend Micro Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend's platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world. SOURCE Trend Micro Incorporated
Associated Press
09-04-2025
- Business
- Associated Press
Carefull Introduces ScamCheck Technology to Help Older Adults Amid Growing Scam Threats
NEW YORK--(BUSINESS WIRE)--Apr 9, 2025-- Carefull, the first financial safety platform built specifically for older adults and their families, announces the launch of Carefull ScamCheck, an AI-powered scam detection tool designed to instantly detect, analyze, and prevent scams before they cause financial harm. This press release features multimedia. View the full release here: Carefull ScamCheck is an AI-powered scam detection tool designed to instantly detect, analyze, and prevent scams before they cause financial harm. With financial fraud and scams on the rise, Carefull ScamCheck empowers users to quickly determine whether a text message, email, voicemail, or piece of physical mail is likely a scam—providing easy-to-understand results with expert-backed guidance on what to do next. 'We are all barraged with text messages about unpaid tolls, package delivery issues, and job offers that represent increasingly clever attempts to lure us into scam traps. There are new ones every day, but the best way to stop a scam is simply to never engage with it in the first place. That's why we built ScamCheck, to help people de-code the strange messages they now get daily and understand exactly how to handle them before they become a problem,' said Max Goldman, Co-Founder of Carefull. 'And we built it for the people who need it most: older adults and those who help protect them.' Carefull ScamCheck uses large language models paired with Carefull's deep fraud, elder fraud, and scam expertise, to evaluate suspicious content and determine whether it is likely a scam along with a clear explanation and step-by-step guidance on what to do next. Carefull ScamCheck is a proprietary system developed by Carefull, grounded in years of extensive fraud expertise and designed to detect and prevent scams with intelligence tailored to real-world financial threats. For banks, credit unions, and financial advisors, Carefull ScamCheck provides a powerful, proactive layer of protection that builds trust, strengthens relationships, and reduces fraud-related losses. Carefull clients can integrate ScamCheck into their public websites, fraud centers, online banking, or directly within customer communications. ScamCheck is already live and in use by Carefull members and partner institutions, serving as a frontline defense against everything from phishing attacks and romance scams to impersonation and tech support fraud. Its early results have been overwhelmingly positive, demonstrating that scam prevention can be smart and simple. Financial professionals and institutions interested in enhancing their client protection efforts can learn more or request a demo by visiting About Carefull Carefull is the first financial safety platform designed to protect aging adults and their families, from elder fraud, scams, and money mistakes. Built to support the unique needs of older adults, Carefull's proprietary AI provides 24/7 account monitoring, a suite of identity and home protections, along with expert resources to help families, advisors, and financial institutions safeguard families' financial well-being. Banks, credit unions, and wealth advisors use Carefull to deepen relationships across generations, provide proactive protection, and enhance trust with clients navigating both aging and financial caregiving for older adults. Recognized for its innovation in financial safety, Carefull partners with leading institutions to put financial care into financial services. Learn more at Becky Ross SOURCE: Carefull Copyright Business Wire 2025. PUB: 04/09/2025 09:05 AM/DISC: 04/09/2025 09:06 AM
