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
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
The pace of cross-industry fraud is accelerating and becoming more costly and this is exacerbating the identity theft problem. New fraud study from LexisNexis reports that 84% of organizations had been the victim of cross-industry fraud. 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
Report from UK security think tank RUSI finds that fraud has "reached epidemic levels" in the country and that the volume of attempts should be viewed as a national security threat. Read More
Companies are looking for new solutions to prevent, detect, and eliminate fraud. And machine learning seems to be the best answer to financial fraud. How does it work, what are the benefits, and who uses it? 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
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