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mobile payment
93% of attempted mobile transactions in 2019 were fraudulent

93 percent of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad fraud released by …

identity
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 …

Hand
Fraud prevents a third of businesses from expanding digital capabilities

Kount released a new research report on digital innovation and emerging fraud, which found that the most innovative businesses are also the ones facing the greatest fraud …

person
New account fraud has more than doubled since 2014

New account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels, Jumio reveals. Surprisingly, attempted …

lock
Key security priorities for financial services: Preventing fraud and data leaks

The banking and financial services sector is struggling with a skills shortage along with the sheer volume of threats and alerts as it continues its ongoing battle against …

The hidden risks of cryptojacking attacks

For any business, privacy and security are a constant concern. The variety and velocity of attacks seeking to infiltrate corporate systems and steal vital business and …

ecommerce
Nearly half of consumers worry about being tricked by fraudsters this holiday season

There has been a 29% increase in suspected online retail fraud during the start of the 2019 holiday shopping season compared to the same period in 2018, and a 60% increase in …

secure
Prevent credential stuffing and account takeover attacks with these expert tips

Account takeover and credential stuffing attacks are two security threats that often go hand in hand. Both have become alarmingly prominent: a recent report found that …

cryptocurrency
2019 experienced massive spate of crypto crimes, $4.4 billion to date

With only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of cryptocurrency exchanges are …

online shopping
How can financial institutions prevent shopping season fraud?

Black Friday and Cyber Monday are two of the years’ busiest shopping days. For consumers and retailers alike, it marks the beginning of the winter holiday shopping season, as …

Pay
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 …

online shop owned
Macy’s online store compromised in Magecart-style attack

The webshop of noted U.S. department store company Macy’s has been compromised and equipped with an information-stealing JavaScript, which ended up collecting …

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