Five proven techniques for building effective fraud management
Effective management of fraud has long been a vital capability within organizations, and for good reasons. According to the Association of Certified Fraud Examiners’ …
CNP transaction fraud costing merchants millions in revenue, fraudsters getting more sophisticated
Vesta released a report which includes an analysis of millions of digital transactions from the first quarter of 2020 through the first quarter of 2021 to track how CNP fraud …
Consumers taking action to protect themselves online, though confidence is low
68% of consumers claim to be doing more to protect themselves from online fraud and identity theft than a year ago, according to a Trulioo research. The research found 76% of …
3-D Secure transactions growth fueled by card-not-present explosion and PSD2
A massive $100 billion in transactions in 2021 alone have been protected by 3-D Secure payments authentication technology, Outseer reveals. The report also reveals continued …
Bot attack volumes growing 41% year over year, human-initiated attacks down 29%
Bot attack volumes grew 41% year over year with human-initiated attacks falling 29%, according to a report from LexisNexis Risk Solutions. The report confirms earlier trend …
When a scammer calls: 3 strategies to protect customers from call spoofing
One of the first internet memes was born when The New Yorker published the now iconic cartoon captioned, “On the internet, no one knows you’re a dog.” Today we might update …
Key email threats and the high cost of BEC
Area 1 Security published the results of a study analyzing over 31 million threats across multiple organizations and industries, with new findings and warnings issued by …
The impact of eCommerce fraud on retailers and shoppers
There’s a stark disconnect between retailers and shoppers on the matter of eCommerce fraud, Riskified reveals. The research, which comprised 4,000 consumers and 400 …
Digital fraud attempts on the rise: Gaming, travel and leisure most targeted
As the prevalence of digital fraud attempts on businesses and consumers continues to rise, TransUnion’s analysis found that fraudsters are re-focusing their efforts from …
Fraudsters increasingly focusing on digital accounts, whether existing or fake ones
Fraudsters are increasingly focusing on digital accounts, whether that is by compromising existing user accounts or creating fake new accounts to commit fraud, an Arkose Labs …
Ransom demands reaching $1.2M, smaller companies increasingly targeted
Ransom demands have grown substantially over the past year, smaller companies are increasingly targeted, and cyber criminals continue to take advantage of dislocations in how …
Turning the tide on surging account takeovers in the media industry
Account takeovers (ATOs) are on the rise, fueled by the widespread use of automated bots. The media industry, which includes social networks, content streaming, gambling, …