The telecommunications, retail and financial services industries have been increasingly impacted by COVID-19 online fraud, according to TransUnion.From a consumer perspective, Millennials have been most targeted by fraudsters using COVID-19 scams.Overall, the percent of suspected fraudulent digital[...]
Shadowy sellers want to capitalize on interest in pharmaceuticals promising a potential treatment to COVID-19.NormShield researchers looked for websites using the names of 10 commonly discussed drugs over the last several months. They found a dramatic spike in the number of sites generated to get[...]
New account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels, Jumio reveals.Surprisingly, attempted new account fraud was 19% less during the Black Friday/Cyber Monday weekend (compared to the average 2019 fraud levels),[...]
A typical European bank, serving 10 million customers, could save up to €10 million annually and avoid growing fines by the regulator by implementing technology to improve the ‘Know Your Customer’ (KYC) processes, according to new research from Mitek and Consult Hyperion.
The rise of the Internet has brought new opportunities for businesses, allowing them to reach new markets and audiences as well as specific niches that would remain unreachable otherwise. Affiliate marketing is one such process which substantially empowered online businesses.
