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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

Using the data from these reports, issuers can act immediately to address known compromised cards with tactics like block/reissue or implement strategies to increase monitoring of those cards for signs of fraudulent activity. with scam detection score Follow me on LinkedIn for more insights about FICO’s innovative fraud fighting efforts.

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6 Types of COVID-19 Scams to Watch Out For

FICO

COVID-19 scams are on the rise. In a recent webinar I hosted, we learned that 31% of participants had received a communication that looks like a COVID-19 scam in the past 30 days. Smishing is similar to phishing, but is executed through text messages. Quid pro quo scams offer a benefit to the victim in exchange for information.

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