Fraud Prevention

Fraud Prevention
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 Prevention
FTC Study Finds Online Businesses Not Doing Enough To Prevent Phishing
March 06, 2017

A study released by the Federal Trade Commission’s (FTC) Office of Technology Research and Investigation has found that most major online businesses don’t have enough cybersecurity and are not doing enough to prevent consumers from phishing attacks. Get the Full Story Complete the form to unlock this...

Fraud Prevention
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 Prevention
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 Prevention
Pelican Has New AI Technology To Fight Fraud
February 02, 2017

Pelican, a global provider of payments and compliance solutions for banks and corporates, is using the latest in technology to protect its clients from wire transfer fraud through its new Pelican Secure Fraud Prevention solution. Get the Full Story Complete the form to unlock this...

Fraud Prevention
Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud
November 16, 2016

‘Tis the season … to be very, very wary of phishing and other types of fraud. 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...

Fraud Prevention
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 Prevention
Fighting Online Fraud Through eDNA
October 04, 2016

Long ago, a cartoon ran in The New Yorker, showing a canine seated at a desktop computer. “On the internet,” ran the caption, “nobody knows you’re a dog.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Fraud Prevention
MTA Puts Wells Fargo Business On Hold
September 28, 2016

More troubles for Wells Fargo as New York’s Metropolitan Authority has put on hold any business concerning bond transactions and underwritings. Wells Fargo had been initially cleared before it was fined by the CFPB for allegedly creating unauthorized bank and credit card accounts.