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The Big Spike In ‘CEO Fraud’

PYMNTS

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. And in that top three, the FBI noted, BEC (sometimes called EAC, or email account compromise) was the absolute leader in generating losses, representing about $1.77

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How Fraudsters Create New Schemes With Social Engineering

PYMNTS

High-tech schemes like credential stuffing and account takeover (ATOs) have become commonplace, but many fraudsters still rely on a technique that requires comparatively little technical know-how. These schemes rely on other means of communication: telephone calls for vishing and text messages for smishing. com” flagged. .

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Fraud Scams Skyrocket, But People Worry More About Pickpockets

FICO

The financial impact of scams is staggering indeed: in the UK alone, authorised push payment (APP) scams accounted for £479 million in gross losses in 2020. That threat is fraud scams – tactics and techniques that fraudsters are using to trick people into giving away their money. While the original v2.0 transaction review rate.”.

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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

This growth trend is concerning not only for the FIs, but also for the consumers whose card details and account information are impacted. A cluster of states in the northeastern US accounted for an additional 29%, and included New York, New Jersey, Pennsylvania, Maryland and Virginia.

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European Card Fraud 2020: UK Shrinks Fraud Losses by £46M

FICO

While Europe enjoyed a sizable £54M drop in fraud loss for 2020, this was primarily driven by two countries, accounting for a reduction of £78 million between them. The Norway attacks centre around large-scale phishing and smishing efforts , designed to introduce a scam which ultimately ends in fraudulent Card Not Present (CNP) transactions.

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Know About Phishing Attacks & Safeguard Your Crypto Assets on Coinremitter

CoinRemitter

Below are the most common types of cyber phishing you should be aware of: – Email phishing – Smishing and Vishing – Clone phishing – Pharming – HTTPS phishing Email Phishing This is the most popular as well as the most common medium of cyber phishing. Look for SSL certificates while accessing a website.

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Deep Dive: Emerging Security Threats Facing The CU Space And How Data Analytics Can Help

PYMNTS

Cybercriminals are also developing a variety of threats including clone phishing, spear phishing, smishing and other specialized types of phishing. Phishing attacks can also target CU employees. Phishing attacks can also target CU employees. Some 1,473 breaches revealed 164.7