Fake mobile app fraud tripled in first half of 2019
In Q2 2019, RSA Security identified 57,406 total fraud attacks worldwide. Of these, phishing attacks were the most prevalent (37%), followed by fake mobile apps (usually apps …
As consumers engage with insurance companies online, new types of digital fraud emerge
As more U.S. consumers use digital platforms when engaging with insurance companies, new fraud challenges are likely to arise for insurance carriers, according to TransUnion …
Only one quarter of retail banks have adopted an integrated approach to financial crime systems
Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading …
Fraudsters no longer operate in silos, they are attacking across industries and organizations
From January 2019 through June 2019, LexisNexis Risk Solutions recorded 16.4 billion transactions, of which 277 million were human-initiated attacks, a 13% increase over the …
More than 99% of cyberattacks rely on human interaction
Cybercriminals target people, rather than systems and infrastructure, to install malware, initiate fraudulent transactions, steal data, and more, according to Proofpoint. …
What can be done about the rising click interception threat?
Ad networks’ increasingly successful efforts to detect bot-based ad click fraud has forced attackers to focus more on intercepting and redirecting legitimate users’ …
Attackers use large-scale bots to launch attacks on social media platforms
Social media sites have become lucrative targets for criminals looking for quick monetization. More than half of logins (53%) on social media sites are fraudulent and 25% of …
Thefts from cryptocurrency exchanges continue despite increased security
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of …
49% of all risky online transactions come from mobile devices
About half of all risky online transactions appear to be coming from a mobile device, according to iovation. Specifically, in the first half of 2019 49% of all risky …
The probability that an EV SSL certificate is associated with a bad domain is 0.013%
In 2018, phishing attacks were attempted 482.5 million times, more than doubling the number of incidents in 2017. New research conducted by the Georgia Institute of Technology …
Every year, millions of web domains are registered to defraud businesses
The growth of fraudulent domains corresponds to the growth of the overall domain landscape, according to Proofpoint. Between Q1 and Q4 2018, registrations of fraudulent …
Consumers increasingly deploying biometrics as PINs and passwords continue to fail
The UK is ready to fight fraud with biometrics, according to new research revealed by Nuance on World Password Day. The new research carried out by OnePoll asked 1,000 adults …
Featured news
Sponsored
Don't miss
- ChatGPTriage: How can CISOs see and control employees’ AI use?
- Managing exam pressure: Tips for certification preparation
- Firmware update hides Bluetooth fingerprints
- Critical Exim vulnerability facilitates malware delivery (CVE-2024-39929)
- Risk related to non-human identities: Believe the hype, reject the FUD