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mobile payment
Can it be true? Most consumers value security more than convenience

52 percent of UK consumers think fraud is an inevitable part of shopping online, according to Paysafe, a global payments provider. What are the top three challenges of …

ATM
Consumers need to stay alert as skimming grows

The number of cards compromised at U.S. ATMs and merchants rose 39 percent in the first six months of 2017, compared to the same period in 2016, according to new data from …

mechanics
The untapped potential of machine learning for detecting fraud

E-commerce fraud protection company Signifyd has recently signed up behavioral analytics expert Long-Ji Lin to fill the position of Chief Scientist. “For advertisers, …

payment card
How Magecart attackers monetize stolen payment card info

The Magecart campaign, aimed at compromising online shops with malicious JavaScript code to collects payment card info, is still going strong, and researchers have pinpointed …

BEC scams
Internet crime: The continuing rise of the BEC scam

Through its website, the FBI’s Internet Crime Complaint Center (IC3) accepts complaints about Internet-facilitated criminal activity, and forwards them to the …

skull
Most corporate finance leaders expect to change fraud-fighting strategies

Today’s senior finance executives are battling record levels of fraud, in turn narrowing corporate focus and limiting resources that could otherwise be devoted to …

Flashpoint dark web
Dark web fraud guides reveal potential threats to orgs

An in-depth look at content from more than 1,000 fraud guides available for sale on the dark web revealed that the majority of these guides are useless. Still, as many as 20 …

smartphone
Who’s responsible for fixing SS7 security issues?

The WannaCry ransomware onslaught has overshadowed some of the other notable happenings this month, including the spectacular Google-themed phishing/spamming attack, and the …

person
Why businesses should care about identity theft

Identity theft is a type of fraud that’s directed squarely against individuals, but to believe that businesses don’t suffer any consequences or costs associated …

vulnerability
How fraudsters stole millions with the help of a legitimate online tool

Identity thieves have managed to steal $30 million from the US Internal Revenue Service by taking advantage of an online tool designed to help students fill out financial aid …

alert
Most organizations were victims of business email compromise in 2016

Nearly three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud last year, according to the Association for Financial …

cybercrime
Online fraudsters’ preferred tools and techniques revealed

A new report by DataVisor Threat Labs has provided unprecedented insight into the behaviors and attack techniques of some of the world’s largest online crime rings, and …

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