Nearly Nine-in-Ten Organizations Experienced Spear Phishing Attacks; Over Half Fell Victim in 2019
According to a survey of over 600 IT security professionals across seven countries, 88 percent of organizations saw spear phishing...
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Fraud Practice
- Nov 5, 2021
- 1 min
Cyber Weekend Fraud Declines See 30% Increase Year-Over-Year and 50% Increase Relative Rest of Year
The number of order attempts declined for suspected fraud increased by nearly 30 percent year-over-year for orders between Thanksgiving...
Fraud Practice
- Nov 5, 2021
- 2 min
Secure Consumer Authentication (SCA) Required for Intra-European eCommerce Beginning September
To maintain compliance with the European Union’s Second Payment Services Directive (PSD2), merchants in Europe will have to perform...
Fraud Practice
- Nov 5, 2021
- 2 min
Mortgage Application Fraud Increases in First Quarter of 2019
as Fraudsters Become More Sophisticated in How They Fudge Their Income The National Mortgage Application Fraud Risk Index maintained by...
Fraud Practice
- Nov 5, 2021
- 2 min
Application Fraud Cost US Financial Institutions over $2.2 Billion in 2018
Issuing banks and financial institutions lost over $1.6 billion from stolen or synthetic identities used in credit card applications plus...
Fraud Practice
- Nov 5, 2021
- 1 min
One-in-Five Phishing Emails are Sent from Compromised Email Accounts
Fraudsters find more success with getting phishing campaigns delivered as well as with open and click rates when sending from an...
Fraud Practice
- Nov 5, 2021
- 1 min
Google Encourages Increased Consumer Security with Free Phishing Quiz
In partnership with another Alphabet group company, Google recently released a way for consumers to test their skills in detecting...
Fraud Practice
- Nov 5, 2021
- 2 min
InfoSec Professionals Report Increase in Phishing and Incidences Leading to Compromised Accounts
According to a recent survey from ProofPoint, more than 80 percent of information security (infosec) professionals saw an increase in...
Fraud Practice
- Nov 5, 2021
- 4 min
Using Compelling Evidence to Combat Chargebacks for Your Business
Guest Post & Case Study by: J. Carlson, Certified eCommerce Fraud Professional Chargeback disputes occur when a cardholder disputes a...
Fraud Practice
- Nov 5, 2021
- 2 min
Reports Show Merchants Struggle to Balance Fraud Prevention and Sales Conversion
Card Not Present channel Merchants cite order rejection rates of nearly 3 percent for domestic transactions and nearly 7 percent for...
Fraud Practice
- Nov 5, 2021
- 1 min
Couple Serving 5 Years for $1.2 Million in Friendly Fraud
An Indiana couple made over 2,700 purchases from Amazon over the period of a few years, creating new accounts and morphing their...
Fraud Practice
- Nov 5, 2021
- 6 min
How WireCash Manages Fraud & Found Success Underwriting Digital Money Transfers to High Risk Markets
Sarasota, FL, May 22, 2018 / By: Justin McDonald, The Fraud Practice How well would your fraud management program perform if your...
Fraud Practice
- Nov 5, 2021
- 2 min
NYPD Trials New Skimming Detection Device “Skim Reaper”
A computer science professor and two graduate students invented a device used to check ATMs and card readers to detect the presence of a...
Fraud Practice
- Nov 5, 2021
- 2 min
124 Data Breaches Were Announced in the First Two Months of 2018 Following a Record-Setting 2017
There were nearly 17 million identity fraud victims in the United States in 2017, more than ever before. This increase is likely...
Fraud Practice
- Nov 5, 2021
- 3 min
About Social Engineering: A Case Study and How it Relates to Spear Phishing
What is social engineering? Social engineering is a fraud technique used to deceive individuals or businesses into unknowingly providing...
Fraud Practice
- Nov 5, 2021
- 2 min
Visa Canada Requires CVV on All eCommerce Transactions While Providing Merchants New Liability Shift
Visa Canada published a document titled The Future of Payment Security in Canada, detailing several new requirements related to ensuring...
Fraud Practice
- Nov 4, 2021
- 3 min
Superior Credit Consumers are Highest Risk Loan Stackers
Taking out multiple loans to get more funding than would be approved for any one loan is something that both real consumers do, and...
Fraud Practice
- Nov 4, 2021
- 2 min
FTC Focuses on Synthetic Identities as New Account Fraud Continues to Rise
According to recent data and studies, identity fraud and new account fraud continue to plague both banks and consumers, with 80 percent...
Fraud Practice
- Nov 4, 2021
- 2 min
eCommerce and Mobile Banking Fraud Lead 2016 Fraud Increase in the UK
Financial Fraud Action (FFA) UK, a financial services industry research and reporting group, recently released their 2016 year-end...
Fraud Practice
- Nov 4, 2021
- 3 min
Post-EMV eCommerce Fraud Growth Abetted by Data Breaches
According to recent data from Experian, eCommerce fraud was 15 percent higher in the first half of 2016 compared the same period the year...
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