Fraud Attack

Fraud Attack
WannaCry Attacks: Should We WannaRegulate Cyber Security?
May 22, 2017

Following the recent worldwide ransomware attack, counterterrorism and cybersecurity expert Richard Clarke says the first thing to do is learn from mistakes. Clarke recently spoke with PYMNTS' Karen Webster about what banks and other companies involved in digital commerce can do to avoid the fallout...

Fraud Attack
Cybercriminals Are Buying Tax Info To Cash In On Fraudulent Refunds
April 07, 2017

Tax season is a busy time for cybercriminals, with consumers’ personal data being sold online so thieves can file fraudulent tax returns and cash in on refunds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Attack
How Signifyd Wants To Keep The Right Thing On Retailers’ Plates
March 29, 2017

While retailers of late have worked hard to broaden the range of experiences they offer, there are some things that no reasonable person would expect merchants to do. The general expectation is that retailers will be experts in selling goods — and hopefully experts on...

Fraud Attack
UK Police Warn Of New ATM Fraud Threat
March 20, 2017

U.K. police have warned the public about a new fraud threat at the local ATM: tiny cameras drilled into London ATMs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Attack
Microsoft Warns Against New Advanced Tech Support Scam
March 06, 2017

Microsoft Malware Protection Center Blog is warning PC users about a new, convincing tech support scam that can cost users money in unnecessary repairs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fraud Attack
With Ransomware Attacks At An All-Time High, FBI Says Don’t Rush To Pay Cybercriminals
March 01, 2017

Being attacked by a ransomware virus can be a terrifying experience for both private citizens and business owners. The threat of losing years’ worth of data and personal info means most victims pay up quickly to once again gain access to their files. And that’s...

Fraud Attack
Phishing Attacks Hit New Record in 2016
February 28, 2017

The Anti-Phishing Working Group (APWG) released a new report this week which found that 2016 was the worst year in history for phishing scams. The total number of phishing attacks last year was 1,220,523 — a 65 percent increase over the number of attacks recorded in...

Fraud Attack
Fraud’s Frightening Surge
October 26, 2016

Forget ghosts and goblins, fraudsters are real-life monsters haunting merchants this Halloween. Data in the hot-off-the-presses October 2016 Global Fraud Attack Index™ reports that the fraud attack rate grew 15 percent since the start of 2016 and a whopping 62 percent between Q3 2015 and...

Fraud Attack
The Ever-Rising Cost Of Fraud
August 31, 2016

Fraudsters seem to have embraced the Puritan work ethic: Idle hands are the devil’s workshop. And they’ve been anything but idle. The hot-off-the-presses Global Fraud Attack Index™ shows that fraud attacks have jumped 137 percent over the four quarters ending March 2016. The index reveals...