social engineering

Fraudsters Cook Up Slicker Recipes as More Transactions Move Online

Fraudsters Cook Up Slicker Recipes as More Transactions Move Online
Fraudsters Cook Up Slicker Recipes as More Transactions Move Online
December 18, 2023  |  Fraud Attack

Financial fraud remains a persistent challenge across industries, and its threat is further sharpened by technological complexity and the growing sophistication of bad actors.  Get...

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’Tis the Season for Fraudsters and Gift Card Scams
’Tis the Season for Fraudsters and Gift Card Scams
November 06, 2023  |  Security & Fraud

The holidays are upon us, and gift cards remain a favorite to give and receive. Get the Full Story Complete the form to unlock this...

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Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
August 07, 2023  |  Cryptocurrency

Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. Get the Full Story Complete the form...

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Best Line of Payments Fraud Defense: A Harder Target
Best Line of Payments Fraud Defense: A Harder Target
September 28, 2022  |  Security & Fraud

No matter where you look, fraud attacks on banks and merchants are on the rise. The fraudsters are getting more creative in their schemes, leveraging...

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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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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How Alipay Works To Thwart Payments Fraud
How Alipay Works To Thwart Payments Fraud
July 20, 2020  |  AML

A small lapse in judgment can cost consumers big when transacting via payment apps, but having users jump through security hoops creates a clunky customer...

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The Great Twitter Hack And Power Of Social Engineering
The Great Twitter Hack And Power Of Social Engineering
July 16, 2020  |  Security & Fraud

As of 2020, high-profile hacks are no longer a massive surprise. A hundred thousand data breaches after the great Target breach of late 2013, and...

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Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

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