Online shopping fraud to surge during Black Friday and Cyber Monday
New benchmark data from ACI Worldwide revealed a projected 14 percent increase in fraud attempts during the upcoming 2018 peak holiday season. Based on hundreds of millions of …
fraud
BEC scammers stole €19m from film company Pathé
The Dutch branch of the French film production and distribution company Pathé has lost over 19 million euros to BEC scammers, Dutch News reported. The scam Information about …
Consumers can’t shake risky security habits
Despite almost half of U.S. consumers (49 percent) believing their security habits make them vulnerable to information fraud or identity theft, 51 percent admit to reusing …
How financial institutions can change the economics of fraud
In 2017, the number of identity fraud victims in the United States has risen to nearly 17 million. As the US became the last of the G20 countries to adopt Chip and …
66% UK SMBs believe they are being aggressively targeted by fraudsters
More than half (52%) of online SMBs globally worry that the move to frictionless payments, such as transactions that take place behind the scenes in apps, is leaving them more …
Identity spoofing is the most prevalent attack vector for the gaming and gambling industry
A new ThreatMetrix Cybercrime Report revealed that identity spoofing, fuelled by stolen identity data, is the most prevalent attack vector for the gaming and gambling …
BEC-as-a-Service: Hacked accounts available from $150
Digital Shadows has announced the findings of new research revealing the diversity of methods used to infiltrate company emails. The FBI has estimated that scams resulting …
Identity fraudsters are getting better and better at what they do
Socure, a provider of predictive analytics for digital identity verification, found that fraudsters have virtually eliminated reliable indicators for detecting fake identities …
For some cloud services more than 75% of accounts are utilized by hackers
Researchers found that 21.57% percent of accounts originating from cloud service IP ranges appear to be fraudulent. Malicious accounts are eight times more likely to originate …
Explosion of look-alike domains aims to steal sensitive data from online shoppers
Venafi released research on the explosion of look-alike domains, which are routinely used to steal sensitive data from online shoppers. Venafi’s research analyzed suspicious …
