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.

Walgreens Fights Promotion Abuse With Digital Tracking
Walgreens Fights Promotion Abuse With Digital Tracking
December 17, 2020  |  Fraud Prevention

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347% and 391%,...

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Cyberattackers Turn To Payments Fraud, Ransomware As Tech Firms Fight Back
Cyberattackers Turn To Payments Fraud, Ransomware As Tech Firms Fight Back
October 05, 2020  |  B2B Payments

As businesses fall victim to cyberattacks, new data is rolling out to show the prevalence of these incidents — and the scope of efforts by...

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Report: Overcoming ID Fraud’s Technology Blind Spots
Report: Overcoming ID Fraud’s Technology Blind Spots
September 23, 2020  |  Fraud Prevention

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. A recent study from PwC found...

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ING On The Use Of AI And ML In Financial Crime Prevention
ING On The Use Of AI And ML In Financial Crime Prevention
August 31, 2020  |  Fraud Prevention

Fraudsters aren't just posing a threat to retail banking, but are now also targeting corporate accounts with large scale schemes that combine phishing and malware...

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FinCEN Warns Of COVID Scams Targeting FIs, Consumers
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
August 02, 2020  |  Cybersecurity

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. FinCEN...

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The Invoice Lands In The Corporate Cyber Fraud Spotlight
The Invoice Lands In The Corporate Cyber Fraud Spotlight
July 27, 2020  |  B2B Payments

Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice...

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Instacart Denies Reported Data Breach Affecting 280K Users
Instacart Denies Reported Data Breach Affecting 280K Users
July 24, 2020  |  Cybersecurity

Hundreds of thousands of Instacart customers are having their personal data sold on the dark web, including the last four digits of their credit cards,...

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Radius Bank’s Approach To Collective Intelligence In Fraud Prevention
Radius Bank’s Approach To Collective Intelligence In Fraud Prevention
July 22, 2020  |  Fraud Prevention

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. But to beat highly...

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Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
Ransomware Attack On Orange Accessed 20 Enterprise Customers’ Data
July 19, 2020  |  B2B Payments

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news...

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