Fraud

Top Fraud Management Trends In 2024

Top Fraud Management Trends In 2024

Payment fraud poses a significant threat across industries, with pharmaceuticals, manufacturing, and finance being particularly susceptible. It is imperative for leaders in information technology and cybersecurity, including managers and team leaders, Heads of the ITs, CISOs, and IT managers, to stay informed about the current market of payment fraud, its associated costs, and the effective […]

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Increases in Online Payment Fraud in 2023

Increases in Online Payment Fraud in 2023 Drives Focus on Data Security

In the ever-evolving digital landscape of 2023, the surge in online payment fraud has become a pressing concern, prompting a heightened focus on data security. With the continuous advancement of technology, cybercriminals have devised sophisticated tactics, leading to a significant increase in fraudulent activities across various online platforms. To establish the gravity of the situation,

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Fraudsters Don’t Take a Vacation During the Holidays

Fraudsters know that some of the greatest opportunities to commit theft occur during the hustle and bustle of the holiday season. Consumers do not only have to worry about double-swiped credit cards at checkout and phone or email scams. Criminals study consumer buying habits and use those habits against them during the holidays. Here are

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About $11 Out of Every $100 in Digital Sales is Fraud

As online sales continue to trend up, there is an increased exposure to digital sales fraud specifically for card-not-present related fraud. According to Forter, a fraud protection company, fraudulent activity accounts for about $11 of every $100 in digital sales nowadays. Fraudsters are remaining flexible in fighting the industry’s effort to stop these criminal acts.

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