Security & Fraud

Security & Fraud
Fraudsters Love Clerical Errors; Automation Helps Eliminate Them
March 17, 2025

Fraud schemes, from invoice padding to fictitious vendors, thrive in environments where human oversight is the primary line of defense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
DOGE Staffer Reportedly Broke Treasury Data-Sharing Rules
March 16, 2025

Federal officials say a Department of Government Efficiency (DOGE) staffer breached Treasury data-sharing policies. 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...

Security & Fraud
New York to Consider Bill to Strengthen Consumer Protection Law
March 13, 2025

New York State Attorney General Letitia James announced a new bill designed to strengthen the state’s consumer protection law, saying the bill is needed at a time when the federal government is rolling back similar protections. Get the Full Story Complete the form to unlock this...

Security & Fraud
Rise of Industrialized Fraud Heats Up Cyber Arms Race
March 12, 2025

Fraud is an adversarial game, and today’s fraudsters are exhibiting a level of organization that mirrors legitimate businesses. 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...

Security & Fraud
FTC: Investment Scams Top 25% Spike in 2024 Fraud Losses
March 10, 2025

New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. 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...

Security & Fraud
Socure Introduces New Risk Score to Combat Repeat First-Party Fraud
March 06, 2025

Socure has introduced a new tool designed to combat repeat first-party 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 newsletter, PYMNTS Today. By...

Security & Fraud
Mastercard Ramps Up AI-Driven Offensive Against Scams
March 04, 2025

A chain is only as strong as its weakest link. The bigger the chain, the more important its security becomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
March 02, 2025

The wide availability of selfies on social media has helped fuel artificial intelligence (AI)-powered scams. 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,...

Security & Fraud
30% of US Consumers Fall Victim to Financial Scams
February 27, 2025

Financial scams have become more sophisticated, targeting individuals through personalized and strategic methods. Scammers are using tools from legitimate businesses to make their scams appear more convincing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...