PYMNTS

APRIL 12, 2020

With governments imposing lockdowns to contain the virus, hackers have been known to pose as banks or other legitimate institutions to try to glean access to people’s private information to use for nefarious means, such as identity theft. Italian law enforcement officials said the country has seen a rise in this kind of activity.

Data Breach 122

Data Breach Breach Identity Theft Law Enforcement 122

Fi911

JULY 8, 2024

This type of fraud can take various forms, including identity theft, chargeback fraud, and phishing attacks. Account Takeover Fraud Account takeover fraud involves cybercriminals gaining unauthorized access to a victim’s online account, often through the use of stolen login credentials or phishing schemes.

Account Takeovers 105

Account Takeovers Fraud Detection Phishing Fraud Prevention 105

VISTA InfoSec

JUNE 21, 2023

The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. When reporting the breach, law enforcement or another party helping to act on the breach will use this information to determine and advise on the next steps. Secret Service offices.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

Fintech News

JUNE 6, 2024

Recent phishing and fraudulent cases involving multiple banks in Singapore have highlighted the severity of this issue and the urgent need for banks to enhance their security measures. DBS isn’t the only bank making news for phishing scams. US$129,841).

Scams 109

Scams Phishing Deepfake Verification 109

PYMNTS

MAY 4, 2020

Three common forms of fraud that can threaten credit unions (CUs) are check fraud, card fraud and automated clearing house (ACH) fraud, and fraudsters often deploy phishing emails to deceive and defraud customers. Rise in Phishing Attacks and Data Breaches. Phishing attacks can also target CU employees.

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Phishing Credit Union Breach Data Breach 56

PYMNTS

OCTOBER 30, 2018

. “But many times, it’s literally just the shame they would feel in reporting the attack to customers and law enforcement.” With malware often finding its way into an enterprise via phishing emails that fool employees, adequate worker education is paramount.

FTC 73

FTC Cybersecurity Small Business Federal Trade Commission 73

Clearly Payments

MARCH 4, 2024

The stolen data was then exfiltrated from the network and, ultimately, used for fraudulent purposes, including unauthorized purchases and identity theft. Operation Phish Phry (2009) Operation Phish Phry stands as a testament to the cunning and audacity of cyber criminals orchestrating large-scale payment processing fraud.

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Phishing Data Breach Law Enforcement Money Laundering 59