Articles Tagged with ''fraud trends''

The number of ATMs in the US compromised by criminals rose 546 percent in 2015 over 2014, according to analytic software firm FICO.

A new study reveals that millennials are the most vulnerable targets for online and phone fraud.
 

The 2015 holiday shopping season saw fraud attempts rise, with rates soaring on key dates.

Retail fraud comes in many shapes and sizes and is especially rampant during the holiday season when online and in-store traffic grows significantly.
 

Shrink, comprised of shoplifting, employee or supplier fraud, and administrative errors, rose in the U.S. from 1.28 percent of sales in 2013-2014 to 1.97 percent during 2014-2015.

Citigroup Inc. is testing new technology that would allow customers to withdraw money with an eyeball scan or a code on a smartphone instead of a card swipe.

Sony Pictures has settled a class action lawsuit filed by employees who feared identity theft.

Corruption of government officials is currently Americans’ number one fear, according to a recent survey by researchers at Chapman University.
 

According to the LexisNexis® True Cost of Fraud study, merchants are overwhelmed by increasing revenue losses to fraud.

The move to EMV technology is designed to reduce counterfeit credit card fraud.