Imposters have overtaken identity thieves to become the nation’s top fraudsters, according to the latest consumer complaint data from the FTC.

Forter, a fraud prevention company, said that online fraud attacks grew 8.9% in 2016 and early 2017 compared to 2015, a reduction from the 2015 increase when significant fraud moved from point of sale (POS) to online.

The number of identity fraud victims increased by 16 percent (rising to 15.4 million U.S. consumers) in the last year.

Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.

Colombia is to join Europol’s Focal Point SUSTRANS project, which targets organized crime networks involved in money laundering.

Compromising of payment cards, personal data and the consequent illegal internet transactions against the airline sector is a growing phenomenon.

Delaware and Florida are home to the highest rates of attempted credit card fraud, while Alaskans are the most likely to have their card details used fraudsters, according to a new report.

The cost of a typical cyber breach to an American company is much less than generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a new RAND Corporation study. 

Thirty percent of consumers globally have experienced card fraud in the past five years, according to new global benchmark data from ACI Worldwide and Aite Group.

Reducing credit and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data.