Alternative payment methods are creating new fraud risks
A Juniper Research study found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicted …
Shadow APIs hit with 5 billion malicious requests
Cequence Security released its first half 2022 report titled, “API Protection Report: Shadow APIs and API Abuse Explode.” Chief among the findings was approximately 5 billion …
Financial crises boost fraud rates, making online consumers more cautious
59% of consumers are more concerned about becoming a victim of fraud now than they were in 2021, according to a research released by Paysafe. This Help Net Security video …
Scams targeting crypto enthusiasts are becoming increasingly common
Group-IB has noted a fivefold increase in the number of domains used for crypto giveaway scams that involve fake YouTube streams in the first half of 2022. This Help Net …
The impact of location-based fraud
In this Help Net Security video, André Ferraz, CEO at Incognia, talks about the impact of location-based fraud, which is more prevalent than one would imagine, and it impacts …
Crypto giveaway scams continue to escalate
Group-IB has noted a fivefold increase in the number of domains used for crypto giveaway scams that involve fake YouTube streams in the first half of 2022. In addition to …
62% of consumers see fraud as an inevitable risk of online shopping
59% of consumers are more concerned about becoming a victim of fraud now than they were in 2021, according to a research released by Paysafe. Consumers across North America, …
What type of fraud enables attackers to make a living?
A consumer’s online account where they login and input their passwords is a very lucrative target for cybercriminals. In this Help Net Security video, David Senecal, VP …
Identity crimes reach all-time high
The Identity Theft Resource Center (ITRC) has published a report that looks at the identity crimes committed against individuals as reported by the victims of those crimes. In …
Universities are at risk of email-based impersonation attacks
Proofpoint released new research which found that the top universities in the United States, the United Kingdom and Australia are lagging on basic cybersecurity measures, …
Major shifts and the growing risk of identity fraud
Traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming 79% increase over …
How to identify and combat online fraud
As the popularity of Buy Now, Pay Later (BNPL) grows, organizations and consumers must remain vigilant or risk becoming a victim of fraud, as account takeover attacks – where …
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