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 …
Lending industry faces higher fraud costs than e-commerce, retail and financial services
Lenders face higher costs of fraud than other industries, including retail, e-commerce and financial services. For every dollar of fraud, lending companies incur $2.82 in …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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