Payments fraud is growing at 14% year over year, faster than overall retail sales, and growth in mobile fraud is also accelerating. According to Juniper Research, retailers could ...
Read more
Comments Off on Kount AI raises payments fraud protection potential
Cybersecurity
Cybersecurity
Minnesota State University infosecurity grad student Dan Salmon has a cybersecurity warning for seven million users of the popular P2P app Venmo. He recently downloaded your data to ...
Read more
Comments Off on 7 million Venmo user transactions scraped
$40 million stolen from the Binance cryptocurrency exchange yesterday by cybercriminals. Hackers infiltrating hundreds of Amazon merchant accounts late last year. The ongoing impact from the massive 2017 ...
Read more
Comments Off on Insights from Verizon’s 2019 Data Breach Report
New research from cybersecurity firm Proofpoint shows that imposter email and email phishing attacks on global financial services companies grew 60% over last year. The FBI estimates that ...
Read more
Comments Off on Proofpoint research: Imposter email attacks on FinServ grew 60%
In a warning sign for the new technology and retailers, a student launched a $1 billion lawsuit claiming that mistaken facial recognition in an Apple Store led to ...
Read more
Comments Off on Facial recognition error claimed in $1 billion Apple lawsuit
With the April 15 US tax deadline passed, were tax professionals really ready for a new breed of tax fraudsters? We’re not talking about the President and his ...
Read more
Comments Off on Are tax pros ready for a new breed of tax fraudsters?
Coveware’s Q1 Ransomware Marketplace report shows an alarming increase in ransomware incidents and the impact and costs to business in the first quarter of the year to clients ...
Read more
Comments Off on Q1 ransomware rising, cost to business building
In China, more than 580 million people made a payment with their mobile phone last year and 68% used a mobile wallet for off-line payments. In many cases, ...
Read more
Comments Off on Forget QR codes, pay with a smile
The 2019 Identity Fraud Study, released by Javelin Strategy & Research, contains good news mixed in with the bad according to the report. The good news is payment ...
Read more
Comments Off on Sophisticated fraud grows, losses double in two years
New research from Santander Business shows that half of UK businesses are at risk of invoice fraud because they do not check invoices diligently. The survey says only ...
Read more
Comments Off on 50% of UK businesses at risk of invoice fraud