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Home » fraud trends

Articles Tagged with ''fraud trends''

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Survey Says SMBs most likely to be Impacted by Embezzlement

May 21, 2015

U.S. organizations with less than 500 employees experienced a median loss of $280,000 per year due to employee theft across a wide range of industries, according to a new survey. 


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Study Finds Merchants Lag Behind Mobile Growth

April 22, 2015

As the mobile commerce channel continues to surge, a new study finds that merchants are not keeping pace with growth when it comes to fraud and mobile payment adoption.


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National Retail Federation Suggests 6 Ways Congress Can Improve Cybersecurity

April 17, 2015

In an open letter to Barack Obama the National Retail Federation said it outlines achievable solutions that industry must work toward to better protect customers, empower its retail members and effectively safeguard America’s cyberspace against criminal hackers.


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Global News

Credit Card Fraud Impacts Consumer Confidence Worldwide

IN 2013, there were 1,367 confirmed data breaches impacting consumers’ financial information.
August 1, 2014

Consumers who are dissatisfied with how they are treated by their financial institution following fraud sometimes change providers, resulting in a global attrition rate of 23 percent.


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Why America needs a CSO

Why America Needs a CSO

The loss of intellectual property due to theft by China costs the U.S. more than $300 billion annually and translated into 2.1 million fewer jobs in this country.
Mark McCourt
August 1, 2014

The office of U.S. Senator Tom Coburn of Oklahoma found that 25 percent of approved disability claims should have never been approved and another 20 percent are highly questionable.


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Report Says 5 Percent of Organizational Revenues Lost to Internal Theft

July 3, 2014

Organizations around the world lose an estimated 5 percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs).


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Study: Business Fraud, Cybercrime On the Rise; C-Suite Unprepared

June 11, 2014

U.S. respondents reported that the fraud incidence rate doubled to 16 percent from 8 percent over the last two years, according to the 13th EY Global Fraud Survey, Overcoming Compliance Fatigue: Reinforcing the Commitment to Ethical Growth, 


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Survey Says Card Fraud Biggest Security Concern for U.S. Consumers

May 14, 2014

Credit and debit card fraud tops Americans' security concerns in 2014, against a recent backdrop of major retail and banking security breaches, according to the 2014 Unisys Security Index.


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Judge Rules FTC can Sue Wyndham over Cyber Security Lapses

April 8, 2014

A federal judge ruled that the U.S. Federal Trade Commission can sue hotel group Wyndham Worldwide over alleged poor data security.


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Fraud Plot Foiled at Vatican Bank

March 30, 2014

Two men with false bond certificates worth trillions of euros (dollars) tried to bluff their way into a Vatican bank in a foiled fraud plot.


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