Articles Tagged with ''fraud rates''

Internet Crimes Caused $1.42 Billion Losses in 2017

May 13, 2018

The FBI's ’s Internet Crime Complaint Center (IC3) logged more than 300,000 complaints in 2017 with losses of more than $1.4 billion.

More Than $11 Billion in Fines Fails to Deter Global Corruption

April 26, 2018

The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity and introduction of new corporate criminal liability laws in that time.

Retail Chargeback Costs Reach $40 Billion Per Year

February 23, 2018

A new report shines a light on the state of fraud within the Card Not Present (CNP) channel, including key facts and figures such as chargebacks, disputes and win rates.

Online Fraud Dropped 33 Percent During Black Friday to Cyber Monday Period

December 6, 2017

New data from Jumio revealed that online fraud, which had been steadily increasing globally between 2014 and 2016, dropped 17 percent in 2017. During the holiday shopping period of Black Friday through Cyber Monday, fraud dropped 33 percent.

U.S. Businesses Spend $2.66 to Combat Every Dollar of Fraud

September 7, 2017

Every dollar of fraud to merchants and firms in the retail and financial services sector is estimated to cost $2.66 on average, said a new fraud report.

Measuring U.S. Security Perceptions

ACCORDING TO THE 2014 Unisys Security Index, the top three individual concerns in the U.S. are identity theft, bankcard fraud and national security in relation to war or terrorism.

September 1, 2014

On the Internet security side, 37 percent of Americans are seriously concerned about the security of shopping or banking online.

Difference in Focus Marks Difference in Fraud Rates Overseas, in U.S.

North American financial executives perceived an increase in the rate of online account takeover attacks compared to their global counterparts in 2013

March 1, 2014

North American financial executives perceived an increase in the rate of online account takeover attacks (63 percent) compared to their global counterparts (50 percent) in 2013, but the actual rate of attempted and actual wire and automated clearinghouse (ACH) fraud related to account takeover is lower in North American financial enterprises than at the global institutions, according to an ACI Worldwide survey, Strategies to Prevent Attacks on Commercial Accounts.

OSHA fines grab headlines, but most compliance issues start with everyday operational gaps: missed protocols, unsecured areas, or slow response. Learn how emerging technologies & AI can be leveraged towards a more proactive model of compliance.

Security teams have never had more visibility. We’ll explore how a new decision layer is helping security teams move from detection to decision. Turn alerts into decision-ready context, reducing reliance on manual triage and enabling faster action.