Secure transactions top retailers’ wish lists this holiday season
We are amid the busiest retail season of the year, with U.S. retail sales expected to grow 10.5% to a record $859 billion this holiday season compared to 2020. The number of …
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Tech support scams becoming the top phishing threat to consumers
NortonLifeLock published a report detailing the top consumer cybersecurity insights and takeaways from July to September 2021. The latest findings show tech support scams, …
CNP transaction fraud costing merchants millions in revenue, fraudsters getting more sophisticated
Vesta released a report which includes an analysis of millions of digital transactions from the first quarter of 2020 through the first quarter of 2021 to track how CNP fraud …
Cybersecurity guide for the hospitality industry
A practical cybersecurity guide from the National Institute of Standards and Technology (NIST) can help hotel owners reduce the risks to a highly vulnerable and attractive …
Fraudulent purchase attempts value increased 69% in 2020
The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories were hit by both major increases in …
The cost of synthetic fraud to reach new highs
A TransUnion research finds instances of synthetic fraud and outstanding balances for suspected synthetic accounts at U.S. financial institutions have declined significantly …
The ransomware plague cost the world over $1 billion
Group-IB has presented a report which examines key shifts in the cybercrime world internationally between H2 2019 and H1 2020 and gives forecasts for the coming year. The most …
ATM cash-out: A rising threat requiring urgent attention
The PCI Security Standards Council (PCI SSC) and the ATM Industry Association (ATMIA) issued a joint bulletin to highlight an increasing threat that requires urgent awareness …
75% of cardholders prefer contactless cards to other payment methods
Based on responses from 1,000 U.S. cardholders who are familiar with contactless credit/debit card or “tap and pay” technology, a new Entrust Datacard survey reveals that 75% …
Most global brands fail to implement security controls to prevent data leakage and theft
The global pandemic has seen the web take center stage. Banking, retail and other industries have seen large spikes in web traffic, and this trend is expected to become …
How much is your data worth on the dark web?
Credit card details, online banking logins, and social media credentials are available on the dark web at worryingly low prices, according to Privacy Affairs. Online banking …
Is the stress of card fraud worth the digital convenience?
With a growing portion of consumers having now fallen victim to card fraud, anxiety about the security of our digital accounts is spiking, according to a survey by Marqeta. …