fraud

The impact of identity fraud varies for organizations in the financial services industry, based on whether they belong to the banking or FinTech sector, according to Regula. …

During this Help Net Security interview, Nicole Hofmann, CEO at Sentryc, delves into the critical issue of counterfeiting and the detrimental impact it has on industries and …

For those who haven’t followed the drama, Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation, after a bank run that …

Keeping up with financial fraud is incredibly difficult because accurate fraud detection requires a deep, real-time analysis of all the events surrounding a transaction. …

In 2022, US financial institutions and the credit card sector lost an estimated $4.88 billion to synthetic identities through falsified deposit accounts and unsecured credit …

Resecurity identified one of the largest investment fraud networks by size and volume of operations created to defraud Internet users from Australia, Canada, China, Colombia, …

Newly released Federal Trade Commission (FTC) data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the …

Cybercriminals remained active in spying and information stealing, with lottery-themed adware campaigns used as a tactic to obtain people’s contact details, according to …

Less sophisticated fraud — in which doctored identity documents are readily spotted — has jumped 37% in 2022, according to Onfido. Fraudsters can scale these attacks on an …

When the Federal Trade Commission (FTC) releases new regulations or changes to existing ones, the implications may not be obvious to the average business or company employees. …

As economic pressure increases, so does fraud risk. While the world slides into a recession, the resulting increased debt, supply chain delays, and inflation create increased …

Since the early stages of the pandemic, account takeover fraud (ATO) has significantly transformed, quickly becoming one of the fastest-growing cybersecurity threats with 22% …