Every year, millions of web domains are registered to defraud businesses
The growth of fraudulent domains corresponds to the growth of the overall domain landscape, according to Proofpoint. Between Q1 and Q4 2018, registrations of fraudulent …
fraud
Consumers increasingly deploying biometrics as PINs and passwords continue to fail
The UK is ready to fight fraud with biometrics, according to new research revealed by Nuance on World Password Day. The new research carried out by OnePoll asked 1,000 adults …
Latest numbers show why BEC/EAC scams are here to stay
Extortion has become the second most often reported type of cybercrime, but BEC/EAC scams still reign supreme when it comes to monetary loss (or criminals’ earnings), …
PDF: The vehicle of choice for malware and fraud
There has been a substantial increase of fraudulent PDF files, according to a report by SonicWall Capture Labs threat researchers. This fraud campaign takes advantage of …
Banks continue to prioritize risk management over customer convenience
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are …
As fraud attacks grow more sophisticated, a need for contextual detection strategies increases
Fraudsters are using a complex array of tools to build armies of fake accounts, 74% of all fraudulent accounts are created from desktops, and cloud service provider IP ranges …
45% of taxpayers do not securely store tax documents
Despite almost four in 10 (38 percent) taxpayers saying they are worried they will become a victim of tax fraud or tax identity theft during tax season, 45 percent admit to …
Cost of telecommunications fraud estimated at €29 billion a year
As our society evolves, so does our reliance on telecommunications technology. Cybercriminals prey on our daily use of electronic devices and continuously seek out new ways to …
Employees report 23,000 phishing incidents annually, costing $4.3 million to investigate
Account takeover-based (ATO) attacks now comprise 20 percent of advanced email attacks, according to Agari’s Q1 2019 Email Fraud & Identity Deception Trends report. …
eCommerce credit card fraud is nearly an inevitability
Riskified surveyed 5,000 US-based consumers aged 18 and older about their online shopping behaviors, experience with and prevalence of credit card fraud, repeat shopping …
