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 …
Cryptocurrency mining malware increases 86%
McAfee released its McAfee Labs Threats Report September 2018, examining the growth and trends of new cyber threats in Q2 2018. In the second quarter, they saw the surge in …
A law enforcement view of emerging cybercrime threats
Cybercriminals are adopting creative new techniques to target their victims at an unprecedented pace and are constantly seeking methods to avoid law enforcement detection. To …
Why voice fraud rates continue to rise with no signs of slowing down
Pindrop released its annual report detailing developments in fraud, the future of voice and the impact to customer service across various industries. In the report, Pindrop …
6.4 billion fake emails sent every day
The Valimail Q2 2018 Email Fraud Landscape shows that fake email continues to be a serious problem, with an estimated 6.4 billion fake emails sent every day. That total …
AT&T sued for enabling SIM swap fraud
A cryptocurrency investor is suing AT&T because criminals were able to empty his accounts through SIM swap fraud (aka account port out fraud), even though he had already …
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