Clearly Payments

AUGUST 8, 2025

Majority of Canadian card fraud losses Phishing, Smishing & Vishing Email, text, or phone scams trick victims into revealing card data. It bypasses physical card security and is often executed using stolen data purchased on the dark web. Use multi-layered fraud detection, 3D Secure, and regularly update security protocols.

Credit Cards

PYMNTS

MAY 5, 2020

Advances in payments technologies are making consumer transactions more secure,” the report states. ” Phishing, Smishing and the Value of Education . Fraudsters are finding increasingly sophisticated ways to beat the system to commit financial fraud, however,” including big spikes in phishing attempts.

Credit Union

PYMNTS

FEBRUARY 12, 2020

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. It is an inexpensive attack to launch, since it doesn’t require much in the way of heavy-duty technology, nor does it require what Lucy Security’s CEO Colin Bastable calls “super-hackers.”

Business Email Compromise

PYMNTS

MARCH 18, 2020

Fraudsters request that these documents be emailed to an official-sounding address, enabling them to harvest a trove of valuable data including Social Security numbers and addresses. These schemes rely on other means of communication: telephone calls for vishing and text messages for smishing.

Phishing

FICO

JULY 7, 2020

Smishing is similar to phishing, but is executed through text messages. Beware of people claiming to be part of reputable organizations, like research firms or government agencies, asking you for personal information like bank card numbers or your Social Security number. every month. Fake Profiles.

Scams

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. Cybercriminals are also developing a variety of threats including clone phishing, spear phishing, smishing and other specialized types of phishing.

Phishing

FICO

JUNE 21, 2021

This success is testament to the tenacity of the UK banks, which have always favoured customer service over fraud prevention and focused on enabling new, secured channels. Phishing and smishing attacks come almost exclusively from data compromise and result in several point attacks.

Smishing