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Money
Online transaction fraud to reach $25 billion by 2020

Online transaction fraud is expected to reach $25.6 billion by 2020, up from $10.7 billion last year, according to Juniper Research. This means that by the end of the decade, …

money
How tax fraud occurs and how to stay safe

The IRS is now taking up to 21 days to review a tax return. Last year, a similar tax return took seven days to review, according to iovation. This increase of taking up to …

digital identity graph
Digital Identity Graph helps detect fraud, cyberattacks

ThreatMetrix announced at RSA Conference the newest innovation in the fight against global cybercrime – the Digital Identity Graph, a framework for anonymized global digital …

Leader of group that stole $55M by hacking payment processors pleads guilty

Ercan Findikoglu, a Turkish citizen also known by the online nicknames “Segate,” “Predator,” and “Oreon,” pleaded guilty to computer intrusion conspiracy, access device fraud …

ecommerce
Ecommerce fraud surges 163%

The worst fears of online retailers has been confirmed with data just released today: in 2015, the number of attacks by fraudsters was up 163 percent – growing two and a half …

phone
VoIP phones can be turned into spying or money-making tools

A security vulnerability present in many enterprise-grade VoIP phones can easily be exploited by hackers to spy on employees and management, says security consultant Paul …

Airbnb
Beware of Airbnb-themed phishing schemes

Airbnb-themed phishing scams do not crop up often, but customers of the service should be aware of the possibility of getting their login credentials stolen and misused. …

Android Marshmallow
Asacub Android Trojan: Financial fraud and information stealing

Asacub is a new malware that targets Android users for financial gain. When first identified, Asacub displayed all the signs of an information stealing malware; however, some …

8 key online fraud behaviors and patterns

Sift Science examined data from 1.3 million online transactions and profiles in various industries from August 2014 to August 2015. Data was cross-referenced with third-party …

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