identity theft
The cost of synthetic fraud to reach new highs
A TransUnion research finds instances of synthetic fraud and outstanding balances for suspected synthetic accounts at U.S. financial institutions have declined significantly …
Working together to suppress complex and organized fraud
As the entire world has learned throughout 2020, effective suppression of the COVID-19 pandemic requires concerted responses and coordinated action. Medical professionals must …
Worldwide new account fraud declined 23.2% in 2020
New account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results, according to Jumio. At the same time, selfie-based fraud rates were …
Unsophisticated fraud attacks increase, first-time fraudsters more prevalent
The risk of identity fraud has increased significantly with attacks occurring more frequently since the start of the pandemic, Onfido reveals. Over the past 12 months, the …
How consumers feel about retail data breaches
Generali Global Assistance released the findings of its survey which examines consumer sentiment on retail data breaches and the identity theft risks holiday shopping poses. …
Using drones to improve 5G network security
The introduction of 5G will change the way we communicate, multiply the capacity of the information highways, and allow everyday objects to connect to each other in real time. …
63 billion credential stuffing attacks hit retail, hospitality, travel industries
Akamai published a report detailing criminal activity targeting the retail, travel, and hospitality industries with attacks of all types and sizes between July 2018 and June …
Cybercriminals are using legitimate Office 365 services to launch attacks
Vectra released its report on Microsoft Office 365, which highlights the use of Office 365 in enterprise cyberattacks. The report explains how cybercriminals use built-in …
The benefits of providing employees with an identity compromise solution
Employees find significant value in having access to an identity compromise solution, having an available remediation solution creates a better mindset for those that use it, …
27% of consumers hit with pandemic-themed phishing scams
Phishing is the top digital fraud scheme worldwide related to the COVID-19 pandemic, TransUnion reveals. Among consumers reporting being targeted with digital COVID-19 schemes …
Identity fraud: Protecting your customers from the new kids in town
It’s one thing to have your credit card stolen, but your identity is a whole other ball game. The worst thing is, it’s a lot more common than you’d think. Identity fraud …
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 …