Survey data shows a significant rise in the prevalence of video deepfakes, with a 20% increase in companies reporting incidents compared to 2022.

A recent study found that the majority of people worldwide (58%) are more fearful of becoming fraud victims now than they were two years ago. 

The Federal Trade Commission (FTC) is working on protections against artificial intelligence (AI) based fraud.

API remains a top data security threat.

New Federal Trade Commission (FTC) data reveals that government impersonation scammers are targeting consumers for payments in cash.

Almost a third of Americans surveyed (31%) admitted to either not following best practices to avoid check fraud or being unsure whether they do so. 

The U.S. Department of the Treasury released a report regarding cybersecurity threats in the financial sector, specifically related to AI. 

According to a report, 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.

The report discusses the five fraud threats that are predicted to emerge in 2024. 

The Federal Trade Commission (FTC) released data revealing that consumers lost over $10 billion to fraud in 2023, at 14% increase from 2022.