Online payment fraud attempts see 73% increase
Online payment fraud attempts increased by 73 percent in 2019, according to a report from Sift. Additional findings in the report reveal that cybercriminals are using mobile …
online payment
More authentication and identity tech needed with fraud expected to increase
The proliferation of real-time payments platforms, including person-to-person (P2P) transfers and mobile payment platforms across Asia Pacific, has increased fraud losses for …
As the online shopping season begins, consumers worry about cybercrime
A majority of U.S. consumers plan to do most of their holiday shopping online for the first time ever, yet a survey from F-Secure finds that most internet users remain …
Merchants must find ways to balance security with a seamless customer experience
69% of U.S. merchants reported that significant amount of company time and expense is dedicated to dealing with payment fraud, in a survey by American Express. Balance …
Cybercriminals targeting e-commerce website vulnerabilities this holiday season
Expect unprecedented levels of online data theft this holiday season due to a lack of deployed client-side security measures. Disturbing lack of security measures Tala …
Risky behavior exposes consumers to seasonal security scares
In advance of the peak shopping season, a study from PCI Pal shows that millions of Americans continue to over-indulge in risky behaviors – both online and on the phone, …
Trusted certificates make phishing websites appear valid
There has been a rampant growth of look-alike domains, which are often used to steal sensitive data from online shoppers. Venafi analyzed suspicious domains targeting 20 major …
Do your infosec habits make you vulnerable to fraud?
A third of Americans have been a victim of information fraud or identity theft. Despite notable data breaches in 2019, when asked if they update or change passwords/PINs after …
Evaluating cyber risk during the holiday season
Fears of data loss, identity theft and fraud are leaving American consumers on edge this holiday season, and they’re prepared to hold their financial institution responsible …
Consumers have concerns about cybersecurity, value education on best practices
Nearly three-quarters of consumers (74%) would be likely to participate in a cybersecurity awareness or education program from their financial institution if they offered it. …
Online skimming: An emerging threat that requires urgent awareness and attention
A growing threat that all merchants and service providers should be aware of is web-based or online skimming. These attacks infect e-commerce websites with malicious code, …
Europe’s online economy risks losing €57 billion as SCA is enforced
Europe stands to lose €57 billion in economic activity in the first 12 months after SCA takes effect, according to a Stripe study conducted by 451 Research. The findings are …