Ticketmaster breach part of massive credit card skimming campaign
RiskIQ researchers have discovered that the recent breach of Ticketmaster was not a one-off event as initially reported, but part of a massive digital credit card-skimming …
Fraud data shows 680% spike in fraudulent mobile app transactions
The number of fraudulent transactions originating from a mobile app during the first quarter has increased by 200 per cent since 2015, according to RSA Security. Analysis from …
Combating fraud and money laundering with graph analytics
Dirty money and money laundering have been around since the existence of currency itself. On a global level, as much as $2 trillion is washed annually, estimates the United …
Millions of Android devices forced to mine Monero for crooks
No device is safe from criminals looking to make it stealthily mine cryptocurrency for them. However weak its processing power is, it still costs them nothing. With that in …
Identity fraud enters a new era of complexity
The number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in the last year, a record high since Javelin Strategy & Research …
The new gold rush: A look inside cryptocurrency fraud
Cybercriminals are flooding to the new world of cryptocurrencies looking to exploit the boom in interest and adoption of these electronic currencies, according to Digital …
How cybercriminals abuse the travel and hospitality industry
The travel and hospitality industry suffers billions of losses each year due to fraud. “With the right combination of other underground services (compromised accounts, …
Human trafficking victims forced to defraud Chinese computer users
Late last week, the Croatian police executed a coordinated raid on two houses where 59 individuals were confined and forced into defrauding Chinese and Taiwanese computer and …
Credit card fraud down 29% for the first time
Iovation released data collected from its retail and e-commerce subscribers from the 2017 holiday weekend (Nov. 24 – 27, 2017). For the first time in recent years, …
Identity theft concerns won’t hold back holiday shopping
Despite concerns about identity theft and fraud, consumers don’t plan to curb their holiday shopping, according to Discover. While 62 percent of consumers are very or …
Measuring fraud trends across various industries
Businesses across industries are experiencing more sophisticated fraud attempts across multiple customer-not-present channels, according to IDology. Shifting fraud tactics and …
The tools criminals use to prepare a stolen iPhone for resale
Reselling stolen mobile phones is a lucrative business all over the globe, and iPhones are very much in demand. Whether lost or stolen, the iPhones are often locked by their …