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. And in that top three, the FBI noted, BEC (sometimes called EAC, or email account compromise) was the absolute leader in generating losses, representing about $1.77

Business Email Compromise 101

Business Email Compromise FBI Email Compromise Scams 101

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Compromise 98

Compromise Debit Card Scams Smishing 98

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. Hungary also made significant progress.

Smishing 52

Smishing Phishing Monetary Loss Compromise 52

FICO

JUNE 4, 2018

Phishing, Smishing, Hypnofraud and More. Fraudsters use a range of tactics to commit social engineering; email (phishing) and text message (smishing) are time-tested winners. I previously blogged about FICO’s Retail Banking models and how they can be used to tackle phishing fraud.

Demand Deposit Account (DDA) 40

Demand Deposit Account (DDA) Smishing Payer IRS 40

The Fintech Times

DECEMBER 21, 2024

This increases the effectiveness of the delivery of smishing attacks as they appear to be coming from a legitimate sender. Fraudsters spoof the sender ID of financial institutions and send ‘smishing’ (SMS phishing) messages containing malicious links, aiming to gain unauthorised access to the financial accounts of their victims.

Smishing 59

Smishing Phishing Scams Central Bank 59

The Fintech Times

DECEMBER 22, 2024

The texts and calls would pose as being from a bank, deceiving customers into believing that their account was compromised and encouraging them to transfer money into a safe account controlled by the fraudsters. The investigation Through the polices investigation, the DCPCU recovered two SIM farms from Oxford-Faparusi home.

Smishing 59

Smishing Phishing Volume Compromise 59