By Jeff Domansky Ramped up demand for unemployment benefits during the pandemic. Fraud detection budget cuts during previous low unemployment. Federal and state governments failure to take widespread ...
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Credit Card & Online Fraud
Credit Card & Online Fraud
By Jeff Domansky, June 3, 2021 The world of cybersecurity is not on the radar of the average American. That is, until yesterday when news broke of a ...
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Comments Off on Russian ransomware attacks American BBQ plans – citizens outraged
By Jeff Domansky, May 25, 2021 Last week, Check Point Research (CPR) released a study showing misconfiguration of third-party services by mobile app developers exposed emails, passwords, names, ...
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By Jeff Domansky, May 13, 2021 Cybercrime is incredibly profitable for fraudsters. Experts estimate more than $1 trillion was lost globally to cybercrime in 2020, and payment abuse ...
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Comments Off on Global payment fraud jumped 69% in the past year
By Jeff Domansky, May 5, 2021 Three-quarters of financial institutions (74%) saw a significant spike in Covid-related fraud and cybercrime in the past 12 months. New research by ...
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By Jeff Domansky, April 5, 2021 The New York Times recently broke the story about a payments scam by the Trump 2020 campaign as it struggled at the ...
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By Rafael Lourenco, EVP, and Partner, ClearSale March 25, 2021 As the world pivoted to online shopping, work, and learning last year, the timeline for mobile usage growth jumped ...
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By Ron Hynes, CEO of Vesta March 22, 2021 Global losses from payment fraud tripled from 2011 to 2020, and card-not-present (CNP) fraud is proving to be among ...
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By Jeff Domansky, March 17, 2021 New research from Aite Group shows 47% of US consumers experienced financial identity theft (application fraud in their name or account takeover) ...
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Comments Off on US identity theft jumps as e-commerce grows
By Jeff Domansky, March 9, 2021 Consumers quickly embraced e-commerce and online payments last year while fraudsters high-fived with record purchase scams, impersonation, money mule schemes, and account ...
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Comments Off on Online transactions soared in 2020, fraud skyrocketed too