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The Big Spike In ‘CEO Fraud’

PYMNTS

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. Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year.

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European Card Fraud 2020: UK Shrinks Fraud Losses by £46M

FICO

After achieving the largest single reduction of any European country in 2019, the banks of the UK have repeated this, with the best net reductions of the 18 countries in this report for the second year running. Unfortunately, fraud losses continued their increases in France (€6M higher than 2019), Poland (€4M higher) and Germany (€3M higher).

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Deep Dive: Emerging Security Threats Facing The CU Space And How Data Analytics Can Help

PYMNTS

Cybercriminals are also developing a variety of threats including clone phishing, spear phishing, smishing and other specialized types of phishing. Clicking can initiate malicious attacks and spyware that can steal passwords, credit card numbers and other data from browsers. Phishing attacks can also target CU employees.