Colombia is to join Europol’s Focal Point SUSTRANS project, which targets organized crime networks involved in money laundering.

Compromising of payment cards, personal data and the consequent illegal internet transactions against the airline sector is a growing phenomenon.

Delaware and Florida are home to the highest rates of attempted credit card fraud, while Alaskans are the most likely to have their card details used fraudsters, according to a new report.

The cost of a typical cyber breach to an American company is much less than generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a new RAND Corporation study. 

Thirty percent of consumers globally have experienced card fraud in the past five years, according to new global benchmark data from ACI Worldwide and Aite Group.

Reducing credit and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data.

Fraudsters’ methods continually evolve to counter new fraud protection measures and with personally identifiable information, they could steal a customer’s identity or create a synthetic identity. Once a fraudster captures this information, if they are able to access a customer account or open an account, it creates a nightmare scenario with significant repercussions for the business and the customer.

Seventeen percent of employee theft in organizations with fewer than 500 employees occurs in the financial services industry, according to a new report. 

Thirty percent of consumers globally have experienced card fraud in the past five years.