Combining security strategies could reduce the risk of fraud, which has only risen since the start of the COVID-19 pandemic. A new report suggests steps insurance carriers can take to ensure their security plan works to combat identity fraud.
To help businesses prepare for fraudulent activity in 2021, Experian’s Future of Fraud Forecast highlights five fraud threats businesses should be aware of this year:
Check Point Research (CPR) researchers noted a 440% increase in phishing emails that are impersonating internationally-known shipping companies such as DHL, Amazon & FedEx in the past month.
More than half of consumers (56 percent) are worried that the shift to biometrics to authenticate online payments will dramatically increase the amount of identity fraud.
New research suggests that superficial but deliberate changes in someone's facial appearance -- such as a new hairstyle or complexion -- are surprisingly effective in identity deception.
Business leaders and consumers share many common concerns, according to the Travelers Risk Index. The annual survey found that cyber risk is still considered one of the greatest risks facing both Americans and American businesses.