PYMNTS

FEBRUARY 12, 2020

According to the 2019 edition of the FBI’s Internet Crime Report , last year was both a lucrative and diverse year for cybercriminals and scammers. All in, the FBI’s Internet Crime Complaint Center (IC3) received a total of 467,361 complaints, with reported losses exceeding $3.5

Business Email Compromise 101

Business Email Compromise FBI Email Compromise Scams 101

FICO

SEPTEMBER 16, 2020

Whilst data compromises drove up card fraud in the UK in 2018, they were not at the same scale and ferocity as 2019. The results from these trials have shown significant improvement in CNP losses, and if adoption continues at the predicted rate, the UK is likely to be posting a similar reduction for two years running.

Compromise 52

Compromise Monetary Loss Deposit Account Volume 52

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. Separate analysis from Singapore warned that monetary losses associated with BEC scams that specifically instruct targeted employees to send gift card redemption details are on the rise, too. The estimated cost for New Orleans to restore City Hall operations totaled to $7.2

Business Email Compromise 71

Business Email Compromise Scams Ransomware Real Time Payments 71

FICO

JUNE 21, 2021

FICO’s European Fraud Map for 2020, based on data from Euromonitor International , shows that the UK achieved the greatest fall in card fraud monetary losses among the 18 countries studied, dropping 7 percent and £46 million year-on-year. However, other nations did not fare as well. Source: FICO European Fraud Map. .

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Smishing Phishing Monetary Loss Compromise 52