Slow deployment is hampering fraud prevention. What gives?
In May, Okta finalized its acquisition of Auth0 for $6.5 billion. Every company loves to add a shiny new toy to its arsenal, but this move sent a clear message to enterprise …
The changing role of the CCO: Champion of innovation and business continuity
In this interview with Help Net Security, Simon Winchester, VP Worldwide Advanced Technologies at Jumio, talks about the changing role of the chief compliance officer (CCO) …
Organizations must be doing something good: Payment fraud activity is declining
Results from an Association for Financial Professionals (AFP) survey are encouraging, as 71% of organizations report having been victims of payments fraud activity in 2021, …
Eavesdropping scam: A new scam call tactic
Hiya has detected the newest scam call tactic, the eavesdropping scam. The new scam aims to get users to call back by leaving vague voicemail messages where an unknown voice …
Consumer fraud tripled in the last two years
Reported cases of consumer fraud more than tripled in the years 2020-2021 from prior years, finds a new report by Accenture, presenting a growing challenge for public safety …
Internal auditors stepping up to become strategic advisors in the fight against fraud
A report from the Internal Audit Foundation, The Institute of Internal Auditors (IIA) and Kroll, is based on a recent global survey and focus groups with internal auditors, …
Traditional identity fraud losses soar, totalling $52 billion in 2021
A study shows that traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming …
We need an industry-backed, tech-neutral resource to restore trust in voice communications
With illegal robocalls now representing nearly half of all unwanted calls in the U.S., consumers are opting to simply not pick up their phones. In fact, studies show that in …
Beware of old and new tax-themed scams and schemes
April 18 marks the end of the 2022 US tax season and those individuals who are yet to file their taxes should get a move on. But they should not throw caution to the wind, as …
Payment fraud attack rate across fintech ballooned 70% in 2021
Sift released a report, detailing the increasingly sophisticated — and often automated — tactics cybercriminals leverage to commit payment fraud. Derived from a global network …
Attackers have come to love APIs as much as developers
Cequence Security released a report revealing that both developers and attackers have made the shift to APIs. Of the 21.1 billion transactions analyzed in the last half of …
Shipping fraud quickly emerging as one of the top fraud types
The continuous growth of e-commerce could be behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to a TransUnion …
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