Identity fraud RSS

2021 Identity Fraud Study, Cyber Security, Daily news, Fraud & Security, Identity, Identity fraud, Identity Fraud Study, Risk & Compliance -

The 2021 Identity Fraud Study reveals a daunting new threat to consumers and businesses: identity fraud scams. While total combined fraud losses climbed to $56 billion in 2020, identity fraud... read more

The post Report: The 2021 Identity Fraud Study appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, Daily news, E-Commerce, Fraud, Fraud & Security, Identity, Identity fraud, P2P, Risk & Compliance -

The 2020 Identity Fraud Report reveals financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts. Fraud losses grew 15%... more

The post Identity fraud losses increase 15% as consumer out-of-pocket costs more than double appeared first on Payments Cards & Mobile.

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Biometrics, Boku, Cyber Security, Daily news, dark web, Fraud & Security, Identity, Identity fraud, user identity -

We can no longer rely on personal data alone to confirm user identity online. Databases are now so routinely hacked into, compromised and distributed to criminals over the dark web... more

The post Data breaches are making online user identity difficult – We need a better approach appeared first on Payments Cards & Mobile.

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Cifas, Cyber Security, Daily news, Fraud, Fraud & Security, Identity fraud, money mule, UK fraud -

Cifas, the UK’s fraud prevention service, has released an alarming picture of fraud in the UK with the release of  Fraudscape, the annual publication of its data that identifies and... more

The post New annual figures show UK fraud continues to rise appeared first on Payments Cards & Mobile.

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Cifas, Cyber Security, Daily News, Fraud, Fraud & Security, fraud prevention, fraud prevention service, Identity, Identity fraud, Issuing & Acquiring -

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Figures show a 5% drop in the first six... more

The post New figures reveal identity fraud falls for the first time since 2014 appeared first on Payments Cards & Mobile.

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