Recent survey on 200 banks worldwide found 4 in 5 of them had experienced at least one SWIFT fraud attempt since 2016, and the problem appears to be growing. Read More
Because gift cards are widely accepted, equivalent to cash, and mostly anonymous, the industry is the target of many criminal schemes. How do you avoid becoming a victim of gift card fraud? Read More
With the aid of technology, insider fraud has outranked all other forms of fraud for modern businesses, ironically the companies are also using it to pre-emptively stop fraudsters in their tracks. Read More
Find out what's the current capabilities of AI in the fight against online payment fraud, where human expertise fits into the current fraud-prevention ecosystem, and what’s on the horizon as AI improves. Read More
Recent SWIFT report shows an evolution of cyber threats to international payment flows with cyber criminals becoming increasingly sophisticated in evading detection when carrying out fraudulent payment transactions. Read More
With mobile comes great opportunities both for consumers and businesses, but also for criminals. Over half of businesses surveyed in the Sixth Annual Fraud Report from IDology experienced an increase in mobile fraud. What is the cause? Read More
Account takeover fraud is on the rise, and businesses and banks are bearing the costs. Because ATO fraud looks like activity by a trusted customer, detection can be difficult – but it is possible. Here's what businesses need to know to fight takeover attacks without declining good orders. Read More
Chinese hackers have just pulled off one of India’s biggest cyber fraud ever by convinceing the head of a local Indian subsidiary of an Italian firm to wire $18.6 million from bank accounts in India to a bank account in Hong Kong. Read More
The threats posed by identity theft are not lost on organizations and identity theft protection services are expected grow over 11% and generate revenues worth over US$ 8.2 billion in 2019. Read More
Phishing attacks known as CEO Fraud or Business Email Compromise are affecting the bottom line of companies and are devastating because the spoof emails have all the appearances of being real, and the victims voluntarily hand over the money. Read More
