How do I select a fraud detection solution for my business?
The rapid increase in digital use created a perfect storm for fraudsters to quickly find new ways to steal funds, capitalizing on consumers’ lack of familiarity with digital …
Fraudulent attempt purchase value decreased by $10 in 2020 compared to 2019
There has been a 24 percent increase in eCommerce transactions globally in December 2020 compared to December 2019, ACI Worldwide reveals. In particular, eCommerce …
Five emerging fraud threats facing businesses in 2021
With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian revealed five emerging fraud threats facing businesses in 2021. The rapid …
2020 set the stage for cybersecurity priorities in 2021
It’s safe to assume that pretty much everyone is ready to move on from 2020. Between the COVID-19 pandemic, political battles, and social unrest, this has been a stressful …
Working together to suppress complex and organized fraud
As the entire world has learned throughout 2020, effective suppression of the COVID-19 pandemic requires concerted responses and coordinated action. Medical professionals must …
Worldwide new account fraud declined 23.2% in 2020
New account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results, according to Jumio. At the same time, selfie-based fraud rates were …
Disruption in 2020 paves the way for threat actors in 2021 and beyond
There’s no doubt that 2020 will be remembered for the uncertainty and rapid change it brought. As the global pandemic accelerated trends like remote working and digital …
45 million medical images left exposed online
More than 45 million medical images – including X-rays and CT scans – are left exposed on unprotected servers, a CybelAngel report reveals. The analysts discovered millions of …
Unsophisticated fraud attacks increase, first-time fraudsters more prevalent
The risk of identity fraud has increased significantly with attacks occurring more frequently since the start of the pandemic, Onfido reveals. Over the past 12 months, the …
Holiday shopping season fraud stats revealed
There’s a 1% decrease in suspected online retail fraud worldwide during the start of the 2020 holiday shopping season compared to the same period in 2019, a 59% increase …
The AI in cybersecurity market to generate $101.8 billion in 2030
The AI in cybersecurity market is projected to generate a revenue of $101.8 billion in 2030, increasing from $8.6 billion in 2019, progressing at a 25.7% CAGR during …
Around 18,000 fraudulent sites are created daily
The internet is full of fraud and theft and cybercriminals are operating in the open with impunity, misrepresenting brands and advocating deceit overtly. Bolster found these …
