fraud

Nearly half of businesses reported a growth in synthetic identity fraud, while biometric spoofs and counterfeit ID fraud attempts also increased, according to AuthenticID. …

96% of US companies were targeted with at least one fraud attempt in the past year, according to Trustpair. 83% of US companies saw an increase in cyber fraud attempts on …

The number of foreign document verification cases in all parts of the world has grown by an average of 21% since the summer of 2021, according to Regula. It’s even higher in …

Mobile banking is outpacing online banking across all age groups due to its convenience and our desire to have those apps at our fingertips, according to Zimperium. However, …

Bots and human fraud farms were responsible for billions of attacks in the H1 of 2023 and into Q3, according to Arkose Labs. These attacks comprised 73% of all website and app …

With its wealth of sensitive patient data, the healthcare industry has become a prime target for cybercriminals leveraging AI tools. As these threats continue to evolve, …

Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, …

There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing …

Companies are losing revenue in the fight against malicious bot attacks, according to survey by Kasada. Despite spending millions of dollars on traditional bot management …

Scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any other contact method, according to the Federal Trade Commission. …

A key monetization mechanism of a sophisticated series of cybercriminal operations involving backdoored off-brand mobile and CTV Android devices has been disrupted, Human …

FraudGPT is the evil counterpart to ChatGPT. Criminals use it to target businesses with phishing emails and scams with speed and accuracy like never before. The AI can be …