Articles Tagged with ''fraud prevention''

New Federal Trade Commission (FTC) data reveals that government impersonation scammers are targeting consumers for payments in cash.

Almost a third of Americans surveyed (31%) admitted to either not following best practices to avoid check fraud or being unsure whether they do so. 

The U.S. Department of the Treasury released a report regarding cybersecurity threats in the financial sector, specifically related to AI. 

According to a report, 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.

The Federal Trade Commission (FTC) released data revealing that consumers lost over $10 billion to fraud in 2023, at 14% increase from 2022.

Fraud calls around the globe were analyzed in a recent report. According to the report, there were 7.3 billion unwanted calls globally in Q3 2023.

According to a recent report from BioCatch, mobile banking rates increased to 73% in 2023. This rise has also led to a surge in mobile fraud.

According to a survey by Citi, 27% of U.S. adults have fallen victim to a financial scam despite 90% feeling confident that they could detect scams.

A recent Truecaller report found that Americans receive an average of six spam calls a month, with Mississippi receiving the highest number of calls.

The Federal Trade Commission (FTC) has announced plans to better protect consumers from artificial intelligence (AI) voice cloning and fraud.