No, Corona Antivirus can’t fight COVID-19
COVID-19-themed scams are exploding both online and offline. Hijacked Twitter accounts peddling fake cures, scammy sites offering emergency supplies, misinformation campaigns, …
As consumers turn online for purchases, many are targeted by pandemic-related digital fraud
There has been a spike in digital commerce since social distancing became widespread globally, according to a TransUnion research. The research found a 23% increase in global …
Maximizing customer engagement when fraud prevention is top of mind
With the number of data records breached in 2019 surpassing four billion, fraud prevention and regulatory compliance are, inevitably, top priorities for financial institutions …
Email domains without DMARC enforcement spoofed nearly 4X as often
As of January 2020, nearly 1 million (933,973) domains have published DMARC records — an increase of 70% compared to last year, and more than 180% growth in the last two …
Online payment fraud attempts see 73% increase
Online payment fraud attempts increased by 73 percent in 2019, according to a report from Sift. Additional findings in the report reveal that cybercriminals are using mobile …
Cryptocurrency crime losses more than double to $4.5 billion in 2019
Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. …
The rise of human-driven fraud attacks
There has been a major spike in human-driven attacks – which rose 90% compared to six months previously, according to Arkose Labs. Changing attack patterns were felt across …
The 25 most impersonated brands in phishing attacks
PayPal remains the top brand impersonated in phishing attacks for the second quarter in a row, with Facebook taking the #2 spot and Microsoft coming in third, according to …
93% of attempted mobile transactions in 2019 were fraudulent
93 percent of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad fraud released by …
More authentication and identity tech needed with fraud expected to increase
The proliferation of real-time payments platforms, including person-to-person (P2P) transfers and mobile payment platforms across Asia Pacific, has increased fraud losses for …
Fraud prevents a third of businesses from expanding digital capabilities
Kount released a new research report on digital innovation and emerging fraud, which found that the most innovative businesses are also the ones facing the greatest fraud …
New account fraud has more than doubled since 2014
New account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels, Jumio reveals. Surprisingly, attempted …
