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Android
Millions of Android devices forced to mine Monero for crooks

No device is safe from criminals looking to make it stealthily mine cryptocurrency for them. However weak its processing power is, it still costs them nothing. With that in …

person
Identity fraud enters a new era of complexity

The number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in the last year, a record high since Javelin Strategy & Research …

Bitcoin
The new gold rush: A look inside cryptocurrency fraud

Cybercriminals are flooding to the new world of cryptocurrencies looking to exploit the boom in interest and adoption of these electronic currencies, according to Digital …

Inside the plane
How cybercriminals abuse the travel and hospitality industry

The travel and hospitality industry suffers billions of losses each year due to fraud. “With the right combination of other underground services (compromised accounts, …

Police
Human trafficking victims forced to defraud Chinese computer users

Late last week, the Croatian police executed a coordinated raid on two houses where 59 individuals were confined and forced into defrauding Chinese and Taiwanese computer and …

online shopping
Credit card fraud down 29% for the first time

Iovation released data collected from its retail and e-commerce subscribers from the 2017 holiday weekend (Nov. 24 – 27, 2017). For the first time in recent years, …

shopping
Identity theft concerns won’t hold back holiday shopping

Despite concerns about identity theft and fraud, consumers don’t plan to curb their holiday shopping, according to Discover. While 62 percent of consumers are very or …

measure
Measuring fraud trends across various industries

Businesses across industries are experiencing more sophisticated fraud attempts across multiple customer-not-present channels, according to IDology. Shifting fraud tactics and …

iPhone 8
The tools criminals use to prepare a stolen iPhone for resale

Reselling stolen mobile phones is a lucrative business all over the globe, and iPhones are very much in demand. Whether lost or stolen, the iPhones are often locked by their …

hand
Lending industry faces higher fraud costs than e-commerce, retail and financial services

Lenders face higher costs of fraud than other industries, including retail, e-commerce and financial services. For every dollar of fraud, lending companies incur $2.82 in …

mobile payment
Can it be true? Most consumers value security more than convenience

52 percent of UK consumers think fraud is an inevitable part of shopping online, according to Paysafe, a global payments provider. What are the top three challenges of …

ATM
Consumers need to stay alert as skimming grows

The number of cards compromised at U.S. ATMs and merchants rose 39 percent in the first six months of 2017, compared to the same period in 2016, according to new data from …

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