Fraudulent robocalls to cost consumers $40 billion in 2022
Consumers will lose $40 billion to fraudulent robocalls globally in 2022; rising from $31 billion in 2021, a Juniper Research study reveals. Fraudulent robocalls pose threats …
identity theft
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 …
Consumers satisfied with mobile security, yet account privacy and protection concerns remain
More than half of wireless subscribers polled were extremely or somewhat satisfied with the security offered by their mobile operators, according to a mobile security survey …
Trending cybercrimes and the big impact of lesser-known breaches
Sontiq released the Mid-Year 2021 Cybercrime Report, which highlights five key trends and the 2021 data breaches that pose the highest level of risk to victims. Companies are …
Consumer attitudes towards various digital identity authentication methods
With concerns around online fraud and identity theft rising, consumers expect businesses to utilize new technologies to protect them online. According to research from …
Online brands prioritizing speed over security
Consumers around the world fear that businesses are now compromising online security in their efforts to deliver seamless digital experiences. According to a research released …
Identity crime victims struggling with financial, emotional and physical impacts
Nearly 30 percent of people who contact the Identity Theft Resource Center (ITRC) are victims of more than one identity crime. Their latest study covers the 36 months from …
Consumers ID theft concerns only growing
A Benenson Strategy Group study surveyed over 700 adults on their concerns about ID theft and cybercrime, the type of help they feel they would need to address those concerns, …
The importance of a zero trust-based approach to identity security
97 percent of senior security executives say attackers are increasingly trying to steal one or more types of credentials, a CyberArk survey reveals. As organizations move …
Total combined fraud losses climbed to $56 billion in 2020
While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion of that cost. Traditional identity fraud losses totaled $13 …
How to stay ahead of the rise of synthetic fraud
While banks have been successful in reducing card fraud in recent years, a new and rising threat has emerged: synthetic identity fraud. By combining real and falsified …
The cost of synthetic fraud to reach new highs
A TransUnion research finds instances of synthetic fraud and outstanding balances for suspected synthetic accounts at U.S. financial institutions have declined significantly …
