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.

OpenSea Investigates NFT Phishing Attack
OpenSea Investigates NFT Phishing Attack
February 20, 2022  |  Cybersecurity

OpenSea is looking into a phishing attack for non-fungible tokens (NFTs), according to Co-founder Devin Finzer, Bloomberg reported Sunday (Feb. 20). Finzer said the attack...

READ MORE >
73% of UK Businesses Suffered Phishing-Related Data Breaches in Last 12 Months
73% of UK Businesses Suffered Phishing-Related Data Breaches in Last 12 Months
October 22, 2021  |  Cybersecurity

Merchants across the globe are expected to lose more than $20 billion to fraud in 2021 alone, a staggering amount indicating the rising menace digital...

READ MORE >
How Employee Training and Automated Defenses Can Protect Companies Against Phishing
How Employee Training and Automated Defenses Can Protect Companies Against Phishing
October 20, 2021  |  Fraud Prevention

Social media scraping and automated fraud attacks have deemed old-school single-layer defense systems ineffective. In this month’s Digital Fraud Tracker, Georgetown cybersecurity Prof. Chuck Brooks...

READ MORE >
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
October 19, 2021  |  Fraud Prevention

Digital fraud is a constant menace for businesses and individuals, with merchants around the globe expecting to lose more than $20 billion to fraud in...

READ MORE >
How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
July 09, 2021  |  Fraud Prevention

Cybersecurity is of the utmost concern for financial institutions (FIs) of all types, ranging from community credit unions to multibillion-dollar international banking conglomerates to everyday...

READ MORE >
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
July 08, 2021  |  Fraud Prevention

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with...

READ MORE >
FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
July 07, 2021  |  Fraud Prevention

Digital fraud has been a steadily growing issue over the past few decades, but it was kicked into overdrive during the past year due to...

READ MORE >
Multifactor Authentication Helps QSRS Stop 99 Percent Of Mobile Order Ahead Fraud
Multifactor Authentication Helps QSRS Stop 99 Percent Of Mobile Order Ahead Fraud
May 17, 2021  |  Mobile Order Ahead

Restaurants are still adapting to the digital-first paradigm brought on by the pandemic, with online orders from sit-down restaurants spiking by 134 percent since the...

READ MORE >
First Bank On Fighting Internal And External Digital Fraud
First Bank On Fighting Internal And External Digital Fraud
January 26, 2021  |  Banking

Digital-first banks are used to fending off external threats like data breaches and botnet attacks, but their cybersecurity measures can fall short of protecting against...

READ MORE >