Fraud prevention forces scammers to up their game
The risk of falling victim to fraud is a constant concern for individuals, businesses, and organizations alike. As technology evolves, so too do the methods employed by …
Modernizing fraud prevention with machine learning
The number of digital transactions has skyrocketed. As consumers continue to spend and interact online, they have growing expectations for security and identity verification. …
Latest fraud schemes targeting the payments ecosystem
Threat actors continued to exploit technical misconfigurations through various fraud schemes, according to a new report from Visa. These include the use of malvertising and …
Global roaming fraud losses to surpass $8 billion by 2028
Losses from global roaming fraud are anticipated to exceed $8 billion by 2028; driven by the increase in bilateral roaming agreements for data-intensive use cases over 5G …
The road ahead for ecommerce fraud prevention
Ecommerce platforms are incorporating sophisticated fraud detection measures, but fraudsters, too, are refining their strategies. In this Help Net Security interview, Eduardo …
7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store
Sophos released new findings on CryptoRom scams—a subset of pig butchering schemes designed to trick users of dating apps into making fake cryptocurrency investments. Since …
CISOs gear up to combat the rising threat of B2B fraud
The ongoing banking and economic turmoil has opened the floodgates to fraudsters. In this Help Net Security video, ex-British Intelligence officer Alex Beavan, Head of Ethics …
Consumers demand more from businesses when it comes to security
Fraudsters are opportunistic criminals and 2022 and the first few months of this year brought opportunities like never before, according to Experian. This volatility …
A fresh look at the current state of financial fraud
In this Help Net Security video, Greg Woolf, CEO at FiVerity, discusses how the emergence of sophisticated fraud tools powered by AI and recent upheavals in the banking sector …
How fraudsters undermine text passcodes
Malicious bots are taking new forms – a burst of spam and scam text messages led to 18,000+ consumer complaints at the FCC last year. One of the newest scams – artificial …
A new wave of sophisticated digital fraud hits Europe
Forced verification and deepfake cases multiply at alarming rates in the UK and continental Europe, according to Sumsub. In Germany alone, forced verification grew by 1500% as …
Virtual claims raise alarms among insurance carriers and customers
As the digital revolution changes the claims process, both carriers and customers are increasingly concerned about data privacy, according to LexisNexis Risk Solutions. More …