Fighting financial fraud through fusion centers
Keeping up with financial fraud is incredibly difficult because accurate fraud detection requires a deep, real-time analysis of all the events surrounding a transaction. …
Keeping up with financial fraud is incredibly difficult because accurate fraud detection requires a deep, real-time analysis of all the events surrounding a transaction. …
In 2022, US financial institutions and the credit card sector lost an estimated $4.88 billion to synthetic identities through falsified deposit accounts and unsecured credit …
Resecurity identified one of the largest investment fraud networks by size and volume of operations created to defraud Internet users from Australia, Canada, China, Colombia, …
Newly released Federal Trade Commission (FTC) data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the …
Cybercriminals remained active in spying and information stealing, with lottery-themed adware campaigns used as a tactic to obtain people’s contact details, according to …
Less sophisticated fraud — in which doctored identity documents are readily spotted — has jumped 37% in 2022, according to Onfido. Fraudsters can scale these attacks on an …
When the Federal Trade Commission (FTC) releases new regulations or changes to existing ones, the implications may not be obvious to the average business or company employees. …
As economic pressure increases, so does fraud risk. While the world slides into a recession, the resulting increased debt, supply chain delays, and inflation create increased …
Since the early stages of the pandemic, account takeover fraud (ATO) has significantly transformed, quickly becoming one of the fastest-growing cybersecurity threats with 22% …
The hype and popularity of the FIFA World Cup has attracted audiences from across the globe. And this, in turn attracts a variety of cybercriminals, who want to exploit the …
A survey report from Daon shows 92% of consumers believe that cybersecurity threats will continue to outpace cybersecurity technology, with 91% willing to take extra security …
E-commerce fraud is expected to cost merchants in excess of US$48 billion globally in 2023, up from over $41 billion in 2022 according to Juniper Research. It predicted that …