Fraud Attack

Visa: AI Helped Block 85% More Fraud on Cyber Monday
Visa: AI Helped Block 85% More Fraud on Cyber Monday
December 17, 2024  |  Fraud Prevention

Visa’s artificial intelligence (AI) and machine learning capabilities enabled it to block 85% more suspected fraud globally on Cyber Monday compared to a year earlier....

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FTC Warns of ‘Massive Jump’ in Online Job Scams
FTC Warns of ‘Massive Jump’ in Online Job Scams
December 12, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) is warning consumers about a “massive jump” in a form of online job scams called “task scams.” The FTC received 20,000...

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Experian Expands Fraud Detection Capabilities With NeuroID Acquisition
Experian Expands Fraud Detection Capabilities With NeuroID Acquisition
August 13, 2024  |  Acquisitions

Experian has added behavioral analytics to its fraud detection capabilities by acquiring NeuroID. Adding this new layer of insight into digital behavioral signals for both new and...

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CDK Global Hackers Tied to 96 Cyberattacks in Past Year
CDK Global Hackers Tied to 96 Cyberattacks in Past Year
June 28, 2024  |  Fraud Attack

The hackers who struck car dealership software-as-a-service (SaaS) platform CDK Global on June 18 and 19 are reportedly affiliated with a Russia-based group called BlackSuit. This cybercriminal...

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Zoom Workspace Brings Post-Quantum Reality Into Focus
Zoom Workspace Brings Post-Quantum Reality Into Focus
May 24, 2024  |  Cybersecurity

The thing about far-away technological innovations is that they get closer to reality each day. And with the news Tuesday (May 21) that Zoom is making post-quantum...

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Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
May 16, 2024  |  AML

The Department of the Treasury has outlined the priorities it will pursue this year to step up the fight against illicit finance. The agency aims to...

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Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
May 09, 2024  |  Fraud Attack

The internet has been both a blessing and a curse to society and commerce alike.  And with the news Wednesday (May 8) that a criminal network...

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Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
May 01, 2024  |  Fraud Prevention

Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  And in an era where technology has become increasingly...

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Why Securing Payments is a Big Deal for Small Businesses 
Why Securing Payments is a Big Deal for Small Businesses 
April 30, 2024  |  SMBs

There are nearly as many ways to pay and be paid as there are types of small businesses.  But there’s one common thread connecting both...

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