Major shifts and the growing risk of identity fraud
Traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming 79% increase over …
Traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming 79% increase over …
In Q1 of 2022, fintech companies experienced 2.5 times more attacks than in the two previous years. The growing rate of cybercrime has added to the market unrest and …
As the popularity of Buy Now, Pay Later (BNPL) grows, organizations and consumers must remain vigilant or risk becoming a victim of fraud, as account takeover attacks – where …
ESET researchers discovered CloudMensis, a macOS backdoor that spies on users of compromised Macs and uses public cloud storage services to communicate back and forth with its …
Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion, according to Juniper Research. As a comparison, this equates to …
In the first half of 2022, BioCatch estimates fraudulent transfers to money mule accounts totaled $3 billion and that there are approximately 2 million mule accounts in the …
INKY researchers disclosed the latest variant of the tried-and-true phone scam, a low-tech phone scam where attackers extract personal information by sending out spoofed …
The notorious cybercriminal syndicate competes with Conti and Lockbit 3.0. They introduced an advanced search by stolen victim’s passwords, and confidential documents leaked …
Often we see stories about cyber attacks that breached an organisations’ security parameters, and advice on how we can protect against future threats. However, what is often …
Information is power, and personally identifiable information (PII) is an extremely powerful asset that is fueling the rapid growth of online fraud (also known as the Digital …
Ransomware detections in the first quarter of this year doubled the total volume reported for 2021, according to the latest quarterly Internet Security Report from the …
The risks presented by ransomware and cyber extortion events have likely found a place in your own security team’s discussions, and rightfully so. Ransomware attacks have …