Bank fraud warnings are the most common text scam Security Staff June 12, 2023 According to research by the Federal Trade Commission, the most common form of text message scam reported to the FTC were false bank fraud warnings.Read More
Why are ID fraud numbers still rising? Elay Elazar May 26, 2023 Increasing ID scams are raising the question of why technological advancements such as biometric authentication have not solved the problem.Read More
U.S. saw 45% fewer ransomware victims posted on the dark web Security Staff May 18, 2023 The rise in ransomware attacks have changed how security leaders protect their organizations, including filing claims for cyber insurance.Read More
Social media was 72% of non-government or financial account abuse Security Staff May 17, 2023 A report found identity thieves are better at using social engineering to convince people to share personal, financial and business information.Read More
81 percent of South Africans think banks need better fraud detection Security Staff April 27, 2023 South Africans expressed financial scam concerns in a recent FICO survey showing a shift in users trust in banks depending on their scam response. Read More
46 percent of organizations faced synthetic identity fraud in 2022 Security Staff April 27, 2023 New AI technologies have raised a number of security concerns as artificially created audio and video makes it easier to commit identity fraud. Read More
EMV payments grew more than 350 percent in the last year Security Staff April 26, 2023 When it comes to preventing theft and fraud, security leaders need to consider how different transaction methods require different security measures. Read More
Spain to implement biometric debit and credit cards Security Staff April 24, 2023 Because of the risk of mag stripes being read and copied, Spain will begin replacing existing credit cards with fingerprint biometrics cards in 2024. Read More
Dan Elston promoted to VP of Risk Management at BayPort Credit Union Security Staff April 13, 2023 BayPort Credit Union adds a new position to its executive team announcing the promotion of Dan Elston to Vice President of Risk Management. Read More
Credit union fraud rates increased by more than 70% in 2022 Security Staff April 11, 2023 A recent report focused on the rise and adoption of artificial intelligence, an impending recession and the return of pre-pandemic fraud techniques.Read More