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Risky transactions on mobile devices increase 138% since 2017

Risky transactions on mobile devices are showing an increase of 138% since 2017, iovation survey of 802 consumers from the United Kingdom and 802 consumers from the United …

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Companies unprepared to deal with mobile attacks, synthetic identity fraud, CCPA compliance

There is a growing impact of large-scale data breaches and fraud on consumer trust and the critical need for businesses to balance the digital consumer experience with strong …

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Perceptions on the impact of data breaches and identity protection

4iQ recently completed research focusing on Americans’ attitudes about cybersecurity breaches and the efforts that organizations make to mitigate breaches’ effects on identity …

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Fake mobile app fraud tripled in first half of 2019

In Q2 2019, RSA Security identified 57,406 total fraud attacks worldwide. Of these, phishing attacks were the most prevalent (37%), followed by fake mobile apps (usually apps …

thief
As consumers engage with insurance companies online, new types of digital fraud emerge

As more U.S. consumers use digital platforms when engaging with insurance companies, new fraud challenges are likely to arise for insurance carriers, according to TransUnion …

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Only one quarter of retail banks have adopted an integrated approach to financial crime systems

Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading …

cybercrime
Fraudsters no longer operate in silos, they are attacking across industries and organizations

From January 2019 through June 2019, LexisNexis Risk Solutions recorded 16.4 billion transactions, of which 277 million were human-initiated attacks, a 13% increase over the …

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More than 99% of cyberattacks rely on human interaction

Cybercriminals target people, rather than systems and infrastructure, to install malware, initiate fraudulent transactions, steal data, and more, according to Proofpoint. …

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What can be done about the rising click interception threat?

Ad networks’ increasingly successful efforts to detect bot-based ad click fraud has forced attackers to focus more on intercepting and redirecting legitimate users’ …

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Attackers use large-scale bots to launch attacks on social media platforms

Social media sites have become lucrative targets for criminals looking for quick monetization. More than half of logins (53%) on social media sites are fraudulent and 25% of …

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Thefts from cryptocurrency exchanges continue despite increased security

Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of …

Samsung
49% of all risky online transactions come from mobile devices

About half of all risky online transactions appear to be coming from a mobile device, according to iovation. Specifically, in the first half of 2019 49% of all risky …

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