PYMNTS

FEBRUARY 12, 2020

As for the scams themselves, those varied widely both in terms of tactics and targets. Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. And while the BEC is not the most common form scam, it is a lucrative one.

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

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. Phishing and smishing attacks come almost exclusively from data compromise and result in several point attacks.

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. Authorized push payment scams manipulate the account holder into making the payment to an account controlled by fraudster—hence the term ‘’.

Demand Deposit Account (DDA) 40

Demand Deposit Account (DDA) Smishing Payer IRS 40

The Fintech Times

DECEMBER 21, 2024

According to the 2024 Asia Scam Report from the Global Anti-Scam Alliance (GASA), the Asia Pacific region saw an estimated total loss of $688.42billion over the last 12 months as a result of fraud trends such as the rise of AI-generated scam messages and the surge in social media-related fraud.

Smishing 59

Smishing Phishing Scams Central Bank 59