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 …
identity theft
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 …
Working together to suppress complex and organized fraud
As the entire world has learned throughout 2020, effective suppression of the COVID-19 pandemic requires concerted responses and coordinated action. Medical professionals must …
Worldwide new account fraud declined 23.2% in 2020
New account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results, according to Jumio. At the same time, selfie-based fraud rates were …
Unsophisticated fraud attacks increase, first-time fraudsters more prevalent
The risk of identity fraud has increased significantly with attacks occurring more frequently since the start of the pandemic, Onfido reveals. Over the past 12 months, the …
How consumers feel about retail data breaches
Generali Global Assistance released the findings of its survey which examines consumer sentiment on retail data breaches and the identity theft risks holiday shopping poses. …
Using drones to improve 5G network security
The introduction of 5G will change the way we communicate, multiply the capacity of the information highways, and allow everyday objects to connect to each other in real time. …
63 billion credential stuffing attacks hit retail, hospitality, travel industries
Akamai published a report detailing criminal activity targeting the retail, travel, and hospitality industries with attacks of all types and sizes between July 2018 and June …
Cybercriminals are using legitimate Office 365 services to launch attacks
Vectra released its report on Microsoft Office 365, which highlights the use of Office 365 in enterprise cyberattacks. The report explains how cybercriminals use built-in …
The benefits of providing employees with an identity compromise solution
Employees find significant value in having access to an identity compromise solution, having an available remediation solution creates a better mindset for those that use it, …
