Attackers have come to love APIs as much as developers
Cequence Security released a report revealing that both developers and attackers have made the shift to APIs. Of the 21.1 billion transactions analyzed in the last half of …
Shipping fraud quickly emerging as one of the top fraud types
The continuous growth of e-commerce could be behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to a TransUnion …
Cosumers don’t think they can dodge identity fraud
Nearly one in 10 smartphone users in the UK (9%), as many as 5.7 million people, have fallen victim to identity fraud in the last 12 months, according to a research by GBG. …
Consumers demand a digital banking experience with security at its foundation
The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global pandemic, the industry has seen disruption …
Fraud detection and prevention costs merchants more than fraud itself
European merchants spent nearly €7 billion on fraud detection and prevention in 2021 alone – more than three times the value lost to fraud in the same year, CMSPI estimates. …
Look out for identity theft and fraud crimes as tax season begins
Now more than ever, life happens online. But, with greater connectedness comes enhanced risk. Millions of Americans fall victim to identity theft and fraud each year, …
How hackers could use popular virtual reality headsets to steal sensitive information
Researchers at Rutgers University-New Brunswick have published “Face-Mic,” the first work examining how voice command features on virtual reality headsets could lead to major …
Fraud and scam activity hits all-time high
Bolster published a report which shows an unprecedented level of fraud activity, spurred by the continuing growth of digital commerce, leading to an explosion of companies’ …
Soaring losses accelerate investments in anti-fraud tech
The pandemic has opened a Pandora’s box of global fraud. Faced with a seemingly endless onslaught of schemes and scams, anti-fraud pros have doubled down on analytics, …
Online fraud skyrocketing: Gaming, streaming, social media, travel and ecommerce hit the most
An Arkose Labs report is warning UK commerce that it faces its most challenging year ever. Experts analyzed over 150 billion transaction requests across 254 countries and …
AI can spot biometric spoofing attacks with ease
Humans have far greater difficulty identifying images of biometric spoofing attacks compared to computers performing the same task, according to research released by ID …
Why cybersecurity and anti-fraud teams need to collaborate
Over the past couple of years, there has been unprecedented change in the world of financial services. The shift to online banking has accelerated the need for digital …
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