scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
March 24, 2025  |  Banking

Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking. Get...

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21% of Financial Scams Start on Social Media
21% of Financial Scams Start on Social Media
March 20, 2025  |  Security & Fraud

They’re smart, they’re sophisticated and they’re on social media. A recently released report sheds light on the increasingly sophisticated tactics employed by financial scammers, revealing...

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New York to Consider Bill to Strengthen Consumer Protection Law
New York to Consider Bill to Strengthen Consumer Protection Law
March 13, 2025  |  Security & Fraud

New York State Attorney General Letitia James announced a new bill designed to strengthen the state’s consumer protection law, saying the bill is needed at a...

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Rise of Industrialized Fraud Heats Up Cyber Arms Race
Rise of Industrialized Fraud Heats Up Cyber Arms Race
March 12, 2025  |  Security & Fraud

Fraud is an adversarial game, and today’s fraudsters are exhibiting a level of organization that mirrors legitimate businesses. Get the Full Story Complete the form...

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Visa Says New Anti-Fraud Unit Blocked $350 Million in Scam Attempts
Visa Says New Anti-Fraud Unit Blocked $350 Million in Scam Attempts
March 11, 2025  |  Fraud Prevention

Visa says its new anti-fraud disruption department saved potential victims $350 million last year. Get the Full Story Complete the form to unlock this article...

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FTC: Investment Scams Top 25% Spike in 2024 Fraud Losses
FTC: Investment Scams Top 25% Spike in 2024 Fraud Losses
March 10, 2025  |  Security & Fraud

New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. Get the Full Story Complete the form...

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Credit Unions Fight Fraud With Tougher Tech and Smarter Members
Credit Unions Fight Fraud With Tougher Tech and Smarter Members
March 06, 2025  |  Credit Unions

Credit unions (CUs) have long prided themselves on being the “people’s bank” — local, personal and rooted in trust. But guess what? That makes them...

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Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
March 05, 2025  |  Fraud Prevention

Scams against banks and their customers have exploded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Mastercard Ramps Up AI-Driven Offensive Against Scams
Mastercard Ramps Up AI-Driven Offensive Against Scams
March 04, 2025  |  Security & Fraud

A chain is only as strong as its weakest link. The bigger the chain, the more important its security becomes. Get the Full Story Complete...

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