Companies are constantly working on online fraud prevention methods while cybercriminals fine-tune their impersonation efforts. Find out why some of the authentication methods are falling short. 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
Increased credit card usage has resulted in higher rates of credit card fraud, and financial institutions are bearing the brunt of the financial losses. Recently, fraudsters are committing synthetic identity fraud by cultivating identities and developing credit histories over time leading to the call for new solutions. Read More
The convenience of digital gift cards comes with added vulnerability as cybercriminals and bad actors have found particularly devious ways of defrauding both the buyers and sellers. 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 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
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
New report shows a massive spike in human farms used to launch online fraud attacks after analyzing more than 1.3 billion individual transactions between October and December 2019. Read More
Google has culled 500 over Chrome browser extensions used in a massive ad fraud campaign that pingponged 1.7 million users through dozens of ads and redirected them to phishing site. Read More
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
