Fraud Attack

Fraud Attack
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
December 06, 2022

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Fraud Attack
Fake LinkedIn Accounts and ‘Job Fishing’ Fraud on Rise, Google Warns
March 18, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Fraud Attack
Report: Two-Thirds of Companies Were Fraud Victims in Last 12 Months
March 16, 2022

While companies and governments have spent billions to prevent fraud, cybercrime continues to plague businesses of every size. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Fraud Attack
FTC: Consumer Fraud Jumped 70% in 2021
February 22, 2022

Consumers reported losing more than $5.8 billion to fraud in 2021, a 70% jump from the year before, the Federal Trade Commission (FTC) said Tuesday (Feb. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Attack
FinCEN Recovers $1.1B For Crime Victims
February 14, 2022

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has helped recover more than $1.1 billion over the last seven years for the victims of financial crimes, the agency said in a statement Friday (Feb. 11). Get the Full Story Complete the form to unlock...

Fraud Attack
Malware Infiltrates 500 eCommerce Sites to Skim Card Data
February 11, 2022

An estimated 500 eCommerce websites were infiltrated by MageCart attackers, who seemingly installed credit digital card skimmers to lift users’ personal data, including card numbers, email addresses, phone numbers and more. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Fraud Attack
Digital Fraud Tracker: Explaining Third- and First-Party Fraud
February 11, 2022

These days, banks, businesses, government entities and individuals are at constant risk of digital fraud. Its volume and costs continue to expand, even as more oversight agencies are formed and security and risk management teams enact rules designed to prevent it. Get the Full Story...

Fraud Attack
Catfish Casanovas Prey on More Romance Scam Victims
February 09, 2022

Online romance scams happen all year round, but with Valentine’s Day less than a week away, even the smartest people looking for love could get swept up into the digital arms of today’s modern Don Juan and gold-digging opportunists. Get the Full Story Complete the...

Fraud Attack
When It Comes to Payments Fraud, Criminals Are Going Big
January 26, 2022

Thirty percent of chief financial officers are responsible for their organization’s IT departments, but that doesn’t mean finance departments and IT operations are always working hand-in-hand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...