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A study shows that traditional identity fraud losses, caused by criminals illegally using victims’ information to steal money, exploded in 2021 to $24 billion — an alarming 79%...
Europol has announced the arrest of 108 people suspected of being involved in an international call center operation that tricked victims into investment scams. The operation...
Maksim Berezan, an Estonian man linked to multimillion-dollar ransomware attacks, was sentenced on Friday to 66 months in prison for his involvement in online fraud schemes....
Sift released a report, detailing the increasingly sophisticated — and often automated — tactics cybercriminals leverage to commit payment fraud. Derived from a global network of over...
Cequence Security released a report revealing that both developers and attackers have made the shift to APIs. Of the 21.1 billion transactions analyzed in the last half...
A US entrepreneur who pocketed millions of dollars after falsifying bank statements to generate investment for his cyber-fraud prevention firm has pleaded guilty to securities fraud....
The continuous growth of e-commerce could be behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to a...
The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global pandemic, the industry has seen disruption...
Now more than ever, life happens online. But, with greater connectedness comes enhanced risk. Millions of Americans fall victim to identity theft and fraud each year, resulting in...
Data from the Federal Trade Commission (FTC) reveals total fraud losses of $5.9 billion in the United States in 2021. 5.7 million reports of fraud were...
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