Explosion in digital commerce pushed fraud incentive levels sky-high
A rise in consumer digital traffic has corresponded with a rise in fraud attacks, Arkose Labs reveals. As the year progresses and more people than ever are online, …
Fraudsters increasingly creative with names and addresses for phishing sites
COVID-19 continues to significantly embolden cybercriminals’ phishing and fraud efforts, according to research from F5 Labs. The report found that phishing incidents rose 220% …
What is ad fraud and how can advertisers fight against it?
According to HP Enterprise’s Business of Hacking report, ad fraud is the easiest and most lucrative form of cybercrime, above activities such as credit card fraud, payment …
BEC attacks increase in most industries, invoice and payment fraud rise by 155%
BEC attacks increased 15% quarter-over-quarter, driven by an explosion in invoice and payment fraud, Abnormal Security research reveals. “As the industry’s only measure of BEC …
Banks risk losing customers with anti-fraud practices
Many banks across the U.S. and Canada are failing to meet their customers’ online identity fraud and digital banking needs, according to a survey from FICO. Despite COVID-19 …
Europol analyzes latest trends, cybercrime impact within the EU and beyond
The global COVID-19 pandemic that hit every corner of the world forced us to reimagine our societies and reinvent the way we work and live. The Europol IOCTA 2020 cybercrime …
As ATO attacks surge, consumers expect merchants to protect them from fraud
Attempted account takeover (ATO) attacks swelled 282 percent between Q2 2019 to Q2 2020, Sift reveals. Likewise, ATO rates for physical ecommerce businesses — those that sell …
Preventing ecommerce fraud: A look at current trends and patterns
Forter released its Fraud Attack Index, delivering in-depth insight into the impact of COVID-19 on online buyer behavior and ecommerce fraud trends. This edition revealed …
Rising reports of fraud signal that some COVID-related schemes may just be getting started
As the economic fallout of the COVID-19 crisis continues to unfold, a research from Next Caller, reveals the pervasive impact that COVID-related fraud has had on Americans, as …
Online fraud against businesses drops, increases against consumers during reopening
Fraudsters are decreasing their schemes against businesses, but increasing COVID-19 focused scams against consumers online, according to TransUnion. Fraudsters less targeting …
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks
Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …
Content farms develop and spread fake news about COVID-19 for profit
RiskIQ released a research report revealing a large-scale digital scam advertisement campaign spread through fraudulent news sites and affiliate ad networks that cater to …
