69% of financial services consumers prioritize fraud protection Security Staff March 6, 2024 According to a report, 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.Read More
Report reveals the 5 fraud threats to watch out for in 2024 Security Staff February 14, 2024 The report discusses the five fraud threats that are predicted to emerge in 2024. Read More
Consumers lost over $10 billion to fraud in 2023 Security Staff February 12, 2024 The Federal Trade Commission (FTC) released data revealing that consumers lost over $10 billion to fraud in 2023, at 14% increase from 2022.Read More
Americans received 15 spam calls a month in Q4 2023 Security Staff February 9, 2024 Fraud calls around the globe were analyzed in a recent report. According to the report, there were 7.3 billion unwanted calls globally in Q3 2023.Read More
Mobile payment fraud increased in 2023 Security Staff December 4, 2023 According to a recent report from BioCatch, mobile banking rates increased to 73% in 2023. This rise has also led to a surge in mobile fraud.Read More
FTC creates compulsory process for legal issues involving AI Security Staff December 1, 2023 The Federal Trade Commission (FTC) approved a compulsory process regarding fraud investigations involving artificial intelligence (AI).Read More
37% of adults change passwords following a scam Security Staff November 30, 2023 According to a survey by Citi, 27% of U.S. adults have fallen victim to a financial scam despite 90% feeling confident that they could detect scams.Read More
Mississippi received the most spam calls per month in 2023 Security Staff November 30, 2023 A recent Truecaller report found that Americans receive an average of six spam calls a month, with Mississippi receiving the highest number of calls.Read More
FTC announces plans to mitigate AI voice fraud Security Staff November 24, 2023 The Federal Trade Commission (FTC) has announced plans to better protect consumers from artificial intelligence (AI) voice cloning and fraud.Read More
Bots and fraud make up 73% of website and app traffic Security Staff November 17, 2023 A recent cyber threat report found that bots and human fraud farms were responsible for billions of attacks in the first half of 2023 and into Q3.Read More