PYMNTS

NOVEMBER 15, 2016

Research by Kaspersky Lab revealed that when the holiday shopping season unofficially kicks off on Block Friday, the number of financial phishing attacks is expected to surge. Financial phishing in all of 2014 was 28.73 percent, while in Q4 alone the result was 38.49 In 2015, 34.33 percent of all attacks. In 2015, 34.33

Phishing 72

Phishing Blocks Research Transactions 72

PYMNTS

AUGUST 15, 2018

And “sometimes phishing sites pop up before official project sites,” Kaspersky Lab noted in a report released this week. When it comes to particular digital currencies, Kaspersky noted that Ethereum (ETH) is often used by scammers during phishing attempts. In fact, Kaspersky arrived at its $2.3

Phishing 76

Phishing Scams Disputes Digital Currency 76

Fintech Finance

APRIL 10, 2025

Alternative payment methods such as PayPal, GooglePay and ApplePay continue to be favored by Gen Z compared to all other age demographics. This year’s findings show that taxpayers are continuing to pivot to digital payment channels to pay taxes and receive their refunds quickly. credit cards, loans, etc.)

Tax Refunds 92

Tax Refunds IRS Identity Theft Alternative Payment Methods 92

PYMNTS

DECEMBER 6, 2016

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. KnowBe4’s tool, called Phishing Reply Tracking, tests if users will interact with hackers on the other end of a phishing email.

Phishing 67

Phishing Wire Transfer Email Compromise Business Email Compromise 67

PYMNTS

MAY 28, 2020

These threats reflect a resurgence in hacking and phishing attempts by cyber criminals as the commercial and government-backed attackers try to seize opportunities for scams amid the COVID-19 pandemic, Google wrote. Google said it provides the strongest protections available against phishing and account hijackings.

Phishing 70

Phishing Law Enforcement Scams Credential 70

VISTA InfoSec

JUNE 26, 2024

The Impact of Cybersecurity on Businesses & What an Investor Should Consider Cybersecurity measures protect systems, networks, and data from digital attacks like malware, phishing attacks, and ransomware because cybersecurity breaches impact a business negatively. Consequently, the company may struggle to attract or retain investment.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

Payments Source

NOVEMBER 27, 2018

The continued trend of “spear phishing” and “catfishing” only serves to highlight the complex work required to identify genuine from fraudulent, writes Steven Goddard, product manager for risk at The ai Corporation (ai).

Phishing 68

Phishing Authentication AI Risk 68

PYMNTS

MARCH 3, 2017

Especially when it comes to phishing schemes, which typically don’t take as much effort but can result in huge payouts. PYMNTS: How have phishing schemes evolved in recent years? PYMNTS: Can you discuss the biggest trends observed in financial phishing, banking malware and Android banking malware?

Phishing 66

Phishing Online and Mobile Banking Credential Security 66

VISTA InfoSec

MARCH 28, 2024

Continuous Improvement The threat landscape and technology are constantly evolving, so it’s essential to continuously review and improve your data protection measures. This training should cover topics such as recognizing phishing attempts, safe handling of data, and the proper use of security tools. 5/5 - (1 vote)

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

The Payments Association

APRIL 22, 2025

Other Channels Exploited Email services and search engines are targeted via phishing emails and fraudulent ads, redirecting victims to fake websites or impersonated organisations. Other platforms also affected: Search engines and email services are commonly used for phishing schemes and fraudulent advertisements. of total losses.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

The Fintech Times

FEBRUARY 9, 2024

In fact, it found that AI-enhanced phishing affected 91.1 Now, more than ever, corporations need to prioritise comprehensive cyber protection solutions to ensure business continuity.” of Organisations Impacted by AI-Enhanced Phishing Attacks, Acronis Reports appeared first on The Fintech Times. The post 91.1%

Phishing 72

Phishing AI MSPS Ransomware 72

The Fintech Times

APRIL 11, 2024

Phishing attacks continue to plague businesses, with as much as 94 per cent of companies falling victim to this type of cybercrime in the past year alone, according to the latest Egress ‘Email Threat Landscape 2024’ report. This will ultimately safeguard critical data and reduce the impact on individuals and organisations.

Phishing 69

Phishing Cybersecurity Compromise Ransomware 69

Fintech News

JULY 9, 2024

Announced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS), this move aims to better protect customers from phishing scams. Phishing scams were among the top five scam types last year, with at least S$14.2

Phishing 107

Phishing Scams Online and Mobile Banking Credential 107

The Fintech Times

JULY 10, 2024

This decision aims to fortify the defence against phishing scams, a persistent threat in the digital banking landscape. Despite their benefits in reducing unauthorised access, OTPs have become increasingly vulnerable to sophisticated phishing techniques, where scammers create fake websites to trick users into revealing their OTPs.

Phishing 59

Phishing Scams Authentication Financial Crimes 59

PYMNTS

APRIL 24, 2020

The phishing expedition, as explained by AbnormalSecurity.com , requests the recipient’s signature for PPP documents. Only 14 percent of small business owners say they are very knowledgeable about how to access the SBA’s loan relief program, despite continuous guidance offered by government officials.

Phishing 63

Phishing Scams IRS Law Enforcement 63

PYMNTS

FEBRUARY 11, 2020

New data was released this week with an urgent, albeit not necessarily unexpected, message: ransomware and other phishing attacks continue to dramatically spike, with more frequent and more expensive attacks hitting businesses and government entities of all sizes. The New York Times reported Sunday (Feb. as to which services we use.”

Phishing 58

Phishing PayPal Ransomware Cybersecurity 58

The Payments Association

JANUARY 13, 2025

Other Channels Exploited Email services and search engines are targeted via phishing emails and fraudulent ads, redirecting victims to fake websites or impersonated organisations. Other platforms also affected: Search engines and email services are commonly used for phishing schemes and fraudulent advertisements. of total losses.

Scams 88

Scams Romance Scams Phishing Volume 88

Fintech Finance

FEBRUARY 20, 2025

Cybercriminals are exploiting payout systems with increasing sophistication, using malware, fake identities, and AI-driven phishing attacks to target funds from survey remuneration, loyalty cash-out, incentive programs, commission earnings, and class action settlements. Web Application Firewalls (WAF) monitor traffic continually.

PCI DSS 87

PCI DSS Security Payment APIs and Integration MFA 87

The Fintech Times

MARCH 12, 2025

AI-generated deepfakes , synthetic identities and hyper-targeted phishing attacks are just some of the cyberthreats on the rise. As fraud evolves, organisations’ cyber defences must too. As a result of the new partnership, Intergiro is integrating SEON’s anti-fraud and anti-money laundering (AML) technologies.#

Embedded Finance 72

Embedded Finance Finance Deepfake Payment APIs and Integration 72

The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. One of the most alarming trends identified in the report is the continued rise in social engineering scams, which now account for a significant portion of fraud activity.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Common threats for SMEs include phishing, malware, insider threats, and social engineering. Understanding the dynamics of phishing is essential for SMEs to implement preventive measures effectively.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Common threats for SMEs include phishing, malware, insider threats, and social engineering. Understanding the dynamics of phishing is essential for SMEs to implement preventive measures effectively.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

OCTOBER 9, 2020

We have seen phishing attacks surge since the pandemic started,” Reichel said. Phishing scams continue to proliferate in the number of attacks and dollar value of losses.”. The quality of the branded phishing emails are what sets the latest coronavirus email attacks apart,” Reichel said. Spear Phishing.

B2B 116

B2B Phishing Scams Ransomware 116

Neopay

JANUARY 22, 2025

Phishing attacks: AI-generated content enables fraudsters to create highly personalised and convincing phishing emails that bypass traditional detection methods. Preparing for the future As fraud tactics continue to evolve, staying ahead of the curve is crucial for businesses.

AI 59

AI Deepfake Phishing Audit 59

Fintech News

JUNE 6, 2024

As the digital landscape continues to evolve, fraudsters are becoming increasingly sophisticated in their methods, posing a serious threat to both financial institutions and their customers. DBS isn’t the only bank making news for phishing scams. US$129,841). Losses exceeded S$13 million (US$9.59

Scams 107

Scams Phishing Deepfake Verification 107

VISTA InfoSec

JANUARY 29, 2024

Users are protected against phishing attacks through anti-phishing mechanisms. This includes employee e-mail (for instance, via phishing), internet usage, mobile computers, and storage devices, leading to the exploitation of system vulnerabilities. OR -> Carries out continuous behavioral analysis of systems or processes.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

The Fintech Times

DECEMBER 18, 2023

Tending to this need, Zally , the continuous authentication platform, is building up for its launch in 2024. Based in Manchester, Zally is urging online businesses to prioritise adopting solutions that leverage continuous authentication and utilise behavioural biometric analysis.

Authentication 64

Authentication Continuity Security Account Takeovers 64

Fintech News

JUNE 10, 2024

Maintaining routine backups of critical data is essential for ensuring business continuity. In addition to backups, developing comprehensive incident response and business continuity plans is vital. Business Continuity Plans (BCPs) should be tailored to minimise the impact on business operations in the event of an attack.

Ransomware 105

Ransomware Authorization Phishing Cybersecurity 105

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

DECEMBER 28, 2020

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity. .

Fincen 127

Fincen Suspicious Activity Report (SAR) Scams Federal Trade Commission 127

VISTA InfoSec

OCTOBER 21, 2024

We will continue seeing this happen in our lifetime, with a prominent example of this found in a relatively new mainstream advancement in fintech – cryptocurrency. The most common threat that you might already be aware of is phishing scams.

Cybersecurity 221

Cybersecurity Encryption Scams Cryptocurrency 221

The Fintech Times

FEBRUARY 23, 2024

Despite almost half (45 per cent) of the UK-based respondents (2,264 were surveyed) being aware that scans or photos of ID documents could be obtained by fraudsters, they continued to send them on channels like messenger apps, email and social media, which can be infiltrated by bad actors.

Continuity 69

Continuity Deepfake Risk Smishing 69

Fintech News

SEPTEMBER 17, 2024

Major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months in a concerted effort to bolster security against phishing scams. While banks will continue to do their part to fight scams, customers need to be vigilant themselves and practice good cyber hygiene.”

Verification 111

Verification Scams Financial Crimes Phishing 111

PYMNTS

AUGUST 24, 2020

A 60 percent increase in ransomware payments signals continued B2B payment attacks, according to the latest data from Coveware. Reports said the fraudsters have stolen more than 800 sets of credentials in an attempt to commit B2B payment fraud via spear-phishing attacks. Canada and the world over.

Scams 119

Scams Business Email Compromise Ransomware Email Compromise 119

PYMNTS

APRIL 10, 2020

See how the company is helping clients maintain business continuity amid global pandemic chaos in Black Swan, a special report exclusively from PYMNTS. Our clients’ payers have been the subject of different phishing and fraud attempts. It’s important to offer payers a choice.

Mitigation 60

Mitigation Continuity Risk Payer 60

PYMNTS

JUNE 7, 2018

A phishing scam purporting to come from Apple is the most popular that we’ve seen,” Security Boulevard said. “It And not all criminal threats related to GDPR — or the PSD2 , another major European regulation for digital activity — will involve phishing attempts. All that back-and-forth results in all those notices. “A

Phishing 43

Phishing Scams Regulations Rules 43

Fintech News

JANUARY 10, 2024

Lawrence Wong Wong’s statement said, “MAS will continue to work with financial institutions to assess additional measures for higher risk transactions, including those relating to transfers to overseas payees and access of bank accounts from overseas locations.

Accounts 107

Accounts Scams Phishing Payee 107