PYMNTS

MAY 5, 2020

Fraudsters are finding increasingly sophisticated ways to beat the system to commit financial fraud, however,” including big spikes in phishing attempts. ” Phishing, Smishing and the Value of Education . “Advances in payments technologies are making consumer transactions more secure,” the report states.

Credit Union 95

Credit Union Smishing Phishing Credit Union Service Organization 95

PYMNTS

MARCH 18, 2020

Fraudsters request that these documents be emailed to an official-sounding address, enabling them to harvest a trove of valuable data including Social Security numbers and addresses. Other fraudsters may go directly after restaurant employees with phishing schemes, a popular method for gaining access to data. com” flagged. .

Phishing 70

Phishing Smishing Fraud Prevention Point-of-Sale (POS) 70

CoinRemitter

SEPTEMBER 22, 2023

What is a phishing attack? The cyber phishing attack is intended to trick individuals into submitting/giving up sensitive information (such as private keys, passwords, etc.). Scammers can generate email addresses with fake domains that may look like legitimate organizations.

Phishing 40

Phishing Smishing Credential Scams 40

PYMNTS

FEBRUARY 12, 2020

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. By comparison, phishing scams usually bring in between $300 – $500, while ransomware attacks cost around $4,400.

Business Email Compromise 101

Business Email Compromise FBI Email Compromise Scams 101

PYMNTS

MAY 4, 2020

Three common forms of fraud that can threaten credit unions (CUs) are check fraud, card fraud and automated clearing house (ACH) fraud, and fraudsters often deploy phishing emails to deceive and defraud customers. Rise in Phishing Attacks and Data Breaches. Phishing attacks can also target CU employees.

Phishing 56

Phishing Credit Union Breach Data Breach 56

FICO

JUNE 21, 2021

Norway Sees Massive Rise from Phishing Attacks. The Norway attacks centre around large-scale phishing and smishing efforts , designed to introduce a scam which ultimately ends in fraudulent Card Not Present (CNP) transactions. Central to the solution is the collaboration it enables between the banks to address the challenge.

Smishing 52

Smishing Phishing Monetary Loss Compromise 52

FICO

FEBRUARY 23, 2022

A simple phish or smish can turn into a nightmare for a consumer whose guard is down and is using their preferred communication method (text or email) to respond to a legitimate-looking message. While the original v2.0 fraud score today is used by clients to detect both fraud and scams, the new v3.0 transaction review rate.”.

Scams 98

Scams Fraud Detection Smishing Fraud Prevention 98