
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 …

Key security priorities for financial services: Preventing fraud and data leaks
The banking and financial services sector is struggling with a skills shortage along with the sheer volume of threats and alerts as it continues its ongoing battle against …

The hidden risks of cryptojacking attacks
For any business, privacy and security are a constant concern. The variety and velocity of attacks seeking to infiltrate corporate systems and steal vital business and …

Nearly half of consumers worry about being tricked by fraudsters this holiday season
There has been a 29% increase in suspected online retail fraud during the start of the 2019 holiday shopping season compared to the same period in 2018, and a 60% increase in …

Prevent credential stuffing and account takeover attacks with these expert tips
Account takeover and credential stuffing attacks are two security threats that often go hand in hand. Both have become alarmingly prominent: a recent report found that …

2019 experienced massive spate of crypto crimes, $4.4 billion to date
With only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of cryptocurrency exchanges are …
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