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.

No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed

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...

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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...

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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...

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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...

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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...

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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...

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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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