Modern identity fraud has shifted from forging documents to manipulating the digital signals automated systems rely on to determine trust ...
Research reveals the rising costs of identity fraud and how enterprises are fighting back. With the rise in AI-assisted fraud, attacks are becoming more sophisticated and frequent. In the report, 51% ...
In 2023, traditional identity fraud cost banks, credit unions and financial institutions $23 billion, an increase of 13% from the year prior. New account fraud and account takeover fraud accounted for ...
Identity theft has evolved far beyond stolen wallets and phishing emails. Criminals are now using an ever-increasing variety of tools that include AI-powered scams and deepfake videos to open accounts ...
Texting scams are exploding. In 2024 alone, U.S. consumers lost $470 million to them, according to the Federal Trade Commission, a number more than five times what it was just four years earlier. To ...
New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most ...
Data and tech company, Experian, and fraud prevention service, Cifas, released a report which reveals a 9% rise in identity fraud, signaling the scale of fraud facing UK based firms as the festive ...
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