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Popularity of online payment goes hand-in-hand with fraud

NICE Actimize has released a report that identifies and analyzes the leading fraud threats and patterns that impacted leading global financial institutions in 2021. Noting …

Fraudsters answer security questions better than customers

Pindrop released a report uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass …

COVID-19
Issue in digital COVID-19 test could have allowed individuals to falsify results

WithSecure and Cue Health have worked together to address a security issue that WithSecure discovered in Cue’s COVID-19 test, which delivers the results of a nasal swab test …

thief
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 …

Simon Winchester
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) …

money
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
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 …

Audit
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, …

identity theft
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 …

phone call
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 …

tax season
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 …

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