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 …
Victims lose millions to healthcare related eCrime
Victim losses from healthcare related eCrime in the U.S. rose by 2,473 percent during 2020 as the COVID-19 pandemic swept through the nation and world, CrowdStrike reveals. …
How data manipulation could be used to trick fraud detection algorithms on e-commerce sites
As the marketing of almost every advanced cybersecurity product will tell you, artificial intelligence is already being used in many products and services that secure …
Hiring remote software developers: How to spot the cheaters
For the past year, moving to an all-remote workforce has often been positioned as a silver lining to the pandemic. Software engineers, in particular, reported a better …
Do consumers now feel more exposed than ever to the risk of fraud?
As the pandemic drove consumers online en masse to make purchases, consumer anxiety around fraud saw a considerable spike, according to a survey by Marqeta. The company …
Scammers aren’t always who we expect them to be: How AI and biometrics can help
When it’s time to hire a new employee, organizations go to great lengths to avoid hiring someone who would commit fraud: background checks, credit checks, drug tests, etc. But …
90% of security leaders view bot management as a top priority
HUMAN published a research into security leaders’ perceptions of and responses to sophisticated bot attacks. The research, which was conducted by Enterprise Strategy Group …
Defeating typosquatters: Staying ahead of phishing and digital fraud
It has become a mantra for businesses targeted by hackers to describe the incident as a “sophisticated cyber-attack”. Although true in some instances, the reality is that most …
Financial institutions experiencing jump in new pandemic-related threats
Financial institutions (FIs), such as banks and insurance providers, are reporting significantly increased threat levels from COVID-related cybercrime, according to a research …
eCommerce fraud losses to surpass $20 billion this year
The value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year, according to a …
16% of mobile devices in developing markets now infected with malware
Mobile users already disadvantaged by an economic and digital divide have suffered the most from digital fraud throughout the COVID-19 pandemic. In emerging markets such as …
Consumers embracing biometrics to protect their information
Consumers across the U.S. and Canada have embraced digital banking and biometric identity proofing during the COVID-19 pandemic, a FICO study has found. The study found that …
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