Remove Addressing Remove Monetary Loss Remove Smishing
article thumbnail

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

FICO

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. .

article thumbnail

The Big Spike In ‘CEO Fraud’

PYMNTS

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses.