Cyber Crime

23 Apr 24 @ 15:19

Synthetic identity fraud is most commonly associated with fraud in banking or against credit unions but is often mistakenly overlooked in digital commerce. With fraudsters becoming more clever about how... read more

25 Mar 24 @ 17:18

Visa has released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top scams impacting consumers and businesses around the world. The report points to increasingly organized,... read more

05 Mar 24 @ 20:44

The volume, cost, and complexities of fraud are on the rise, and the increase in sophistication and frequency of fraud is accompanied by significant revenue threats that companies can no... read more

23 Feb 24 @ 16:59

The rise of fraud in the United States continues apace, costing the US $159 billion in one year alone, according to new research. The 2023 State of Scams report by Feedzai in partnership... read more

16 Feb 24 @ 17:10

As we turn our attention to 2024, James Wood says the advent of generative AI is going to create major security headaches for payments companies – amid other problems. In... read more

05 Feb 24 @ 17:49

Last week represented what could be a turning point in peoples trust in ID verification tools across the internet. A finance worker at a multinational firm was tricked into paying... read more

29 Jan 24 @ 17:53

While tried and tested cybercrime tactics like phishing and malware are here to stay, there are always new approaches to watch out for in the cybersecurity space. Experian’s 11th annual... read more

18 Jan 24 @ 17:14

ComplyAdvantage has published its State of Financial Crime report. Built on a survey of 600 senior financial crime decision-makers worldwide, alongside experience working with more than 1,000 companies globally, it... read more

08 Jan 24 @ 16:13

The increasing speed of international payments in the G20 is not taking into account its enablement of financial crime and enforcement of sanctions against Russia and other states, according to... read more

05 Dec 23 @ 17:37

While there were a total of 3,897 cases of online banking fraud in Denmark in the whole of 2022, that figure has grown to 5,212 cases in H1 2023 alone,... read more

16 Nov 23 @ 12:40

Today, in a global first, cyber criminals have upped their game by filing a complaint to the US Securities and Exchange Commission (SEC), reporting a company it claims to have... read more

06 Nov 23 @ 17:14

Imagine this fictitious scenario: Cyber criminals manage to inject malicious code into global payments software that spreads rapidly to tens of thousands of partner networks at banks and throughout the... read more