phishing

Phishing is the fraudulent attempt to obtain sensitive information or data, such as usernames, passwords and credit card details, by disguising oneself as a trustworthy entity in an electronic communication.

Data Prevents Merchants From Falling Victim to Refund Abuse

Data Prevents Merchants From Falling Victim to Refund Abuse
Data Prevents Merchants From Falling Victim to Refund Abuse
April 26, 2023  |  Cybersecurity

Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. As companies take crucial steps to update their prevention...

READ MORE >
Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 
Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 
April 05, 2023  |  Cybersecurity

Employees are simultaneously a company’s first line of defense and their weakest link. That is because as today’s quick-moving, instant-everything modern world offers more hyperconnected...

READ MORE >
Rise of SVB-Driven Fraud Shows How Fast Criminals Move
Rise of SVB-Driven Fraud Shows How Fast Criminals Move
March 23, 2023  |  Cybersecurity

For criminals, big news creates big opportunities. And businesses beware — the recent collapses of Silicon Valley Bank (SVB) and Signature Bank offers cybercriminals a perfect cocktail of urgency,...

READ MORE >
Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
February 16, 2023  |  Cybersecurity

Put up $2, and you can score $100 million. Incoming payments are the new attack vector.   And as nsKnox Chief Operating Officer Nithai Barzam and...

READ MORE >
EU Cracks Down on Phone Number Masking to Protect Consumers
EU Cracks Down on Phone Number Masking to Protect Consumers
December 21, 2022  |  Fraud Prevention

Phone number masking cases have caused European authorities to issue advice on how to prevent fraud. While the big European fraud trial of the moment...

READ MORE >
Small Businesses Increasingly Targeted by BEC Scams and Other Internet Crimes 
Small Businesses Increasingly Targeted by BEC Scams and Other Internet Crimes 
December 16, 2022  |  Cybersecurity

Criminals are using BEC scams against small businesses to steal hundred-thousand-dollar food shipments.  They are spoofing emails and domains to impersonate employees at real firms,...

READ MORE >
Automating Digital Identity Boosts Business Satisfaction With Fraud Tools
Automating Digital Identity Boosts Business Satisfaction With Fraud Tools
November 01, 2022  |  B2B Payments

Corporate fraud and corruption have risen since 2020, as the digital transformation that accompanied the pandemic opened new opportunities. New channels for workflows have left...

READ MORE >
More than Three-Quarters of Acquiring Banks Use AI to Reduce Payment Fraud
More than Three-Quarters of Acquiring Banks Use AI to Reduce Payment Fraud
October 11, 2022  |  Fraud Prevention

Digital fraud is as old as the internet itself, and bad actors continuously develop new techniques while refining old ones. Fraudsters can deploy old-fashioned confidence...

READ MORE >