Incidences of account takeover (ATO) were up 347 percent and shipping fraud skyrocketed 391 percent, respectively, from 2018 to 2019, before anyone except virologists had ever heard of COVID-19. But isn’t it just like hackers to exploit a terrible situation? Get the Full Story Complete...
Security experts at Google have identified over a dozen government-backed hacking groups trying to use the coronavirus pandemic to fuel malware and phishing attempts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A cooperative effort between police and businesses has shut down hundreds of websites established to exploit the coronavirus pandemic, according to the U.S Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Nearly 8,000 applicants for small business loans through the government’s Emergency Injury Disaster Loan (EIDL) stimulus program have possibly been affected by a data breach exposing private information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
While being the victim of fraud is never good, there is something to be said for at least being able to identify where exactly one went wrong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes. Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this...
A partnership between The University of Oxford, Saïd Business School and Mastercard will launch an online education program to teach business leaders about the strengths and perils of the modern day internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Can you put a price tag on a pandemic? There’s no shortage of figures (most of them bad) trying to tally up the damage. But if you want the inside story of how America is dealing with COVID-19, look to our most universal necessity –...
According to the FTC, there have been 18,235 reports of fraudulent activity or fraud attempts related to the coronavirus since Jan. 1. In total, people have lost $13.44 million to fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
