PYMNTS

MAY 14, 2020

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the year. Deep Dive: Enlisting AI And Biometrics In Response To Widespread Digital Identity Theft.

Identity Theft 98

Identity Theft AI Federal Trade Commission Verification 98

PYMNTS

MAY 21, 2020

Identity theft is also a constant fraud threat, with the Federal Trade Commission (FTC) stating that more than 650,57o cases of identity theft were reported in 2019. The identity theft rate in 2019 was 46.4 This accounted for 20.3 percent of 3.2 This accounted for 20.3

Financial Crimes 52

Financial Crimes Crime Identity Theft Federal Trade Commission 52

PYMNTS

MARCH 2, 2018

But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade Commission (FTC) said in a press release. Overall, the FTC is seeing that consumers are losing more money due to fraud in 2017 than 2016.

Scams 55

Scams Identity Theft FTC Federal Trade Commission 55

PYMNTS

JULY 20, 2020

In related news, the Federal Trade Commission (FTC) reported that its top complaint has been fraud, according to a PYMNTS report. There were over 47,000 fraud complaints from March through June, alongside over 14,000 identity theft complaints and nearly 4,000 Do Not Call complaints.

CFPB 64

CFPB Consumer Financial Protection Bureau (CFPB) Consumer Identity Theft 64

VISTA InfoSec

JUNE 21, 2023

The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. You can also include links to up-to-date information on identity theft if appropriate. This must be done using the electronic notice forms online. Secret Service offices.

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Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

OCTOBER 30, 2018

Federal Trade Commission (FTC) the latest to place emphasis on the importance of safeguarding data and systems. Late last week, the FTC rolled out a series of informational resources for nonprofits and small businesses (SMBs) to heighten awareness and understanding of cybersecurity threats and how to mitigate them.

FTC 73

FTC Cybersecurity Small Business Federal Trade Commission 73

PYMNTS

DECEMBER 17, 2020

As of September 2020, the FTC reported that there had been $145 million in pandemic-related scams. Earlier this month, the Federal Trade Commission and the Better Business Bureau both issued alerts warning people to watch out for phony messages alluding to access to a vaccine. The FTC marked $201.26

Scams 84

Scams IRS Federal Trade Commission FTC 84

PYMNTS

SEPTEMBER 18, 2018

Federal Trade Commission on Tuesday (Sept. 18) shows how eCommerce can enable other forms of ID theft. he sold a variety of financial, identity, and medical documents including pay stubs, auto insurance cards, utility and cable bills, doctor’s excuses, and medical absence reports,” the FTC said.

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FTC Fed Federal Trade Commission Identity Theft 53

FICO

AUGUST 12, 2019

As I’ve blogged about previously, synthetic identity fraud is rampant , and fraudsters are growing ever-more sophisticated. Industry estimates attribute around 80% of credit card fraud losses to synthetic identity fraud and child identity theft. (On Child identity fraud is a combination of both, as described below.).

Identity Theft 40

Identity Theft Federal Trade Commission Credit Cards Social Security 40

National Merchants Association

AUGUST 5, 2022

According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. The FTC received more than 88,000 credit card fraud reports in 2021. It also received about 69,750 payment app or service fraud reports.

Credit Cards 52

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS) 52

National Merchants Association

AUGUST 5, 2022

According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. The FTC received more than 88,000 credit card fraud reports in 2021. It also received about 69,750 payment app or service fraud reports.

Transactions 52

Transactions Credit Cards Federal Trade Commission FTC 52

National Merchants Association

AUGUST 5, 2022

According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. The FTC received more than 88,000 credit card fraud reports in 2021. It also received about 69,750 payment app or service fraud reports.

Transactions 52

Transactions Credit Cards Federal Trade Commission FTC 52

National Merchants Association

AUGUST 5, 2022

According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. The FTC received more than 88,000 credit card fraud reports in 2021. It also received about 69,750 payment app or service fraud reports.

Credit Cards 52

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS) 52

National Merchants Association

AUGUST 5, 2022

According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. The FTC received more than 88,000 credit card fraud reports in 2021. It also received about 69,750 payment app or service fraud reports.

Credit Cards 52

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS) 52

PYMNTS

NOVEMBER 4, 2019

From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017.

Online and Mobile Banking 49

Online and Mobile Banking Cross-Border Federal Trade Commission Fraud Prevention 49

FICO

APRIL 20, 2023

environment is not faring any better; according to the US Federal Trade Commission (FTC) , US consumers lost at least $8.8 Her roles have included developing a consumer authentication solution for Experian and managing credit and identity theft management applications. Debbie holds a B.A.

Real Time Payments 52

Real Time Payments Scams RTP Payments 52

PYMNTS

NOVEMBER 6, 2017

After all, your very name, address, telephone number, maiden name and so on are all ticking time bombs, putting you at risk for identity theft. The numbers are sobering, as always: The Federal Trade Commission (FTC) has found that account takeover fraud is on the rise.

Security 43

Security Consumer Office of the Comptroller of the Currency Identity Theft 43

PYMNTS

OCTOBER 30, 2017

According to John Krebs, manager of the identity theft program at the Federal Trade Commission (FTC), the situation between the good guys who are trying to protect the systems and the bad guys who are trying to break into and exploit them will always be very asymmetrical. . Known Unknowns.

Identity Theft 69

Identity Theft Account Takeovers FTC Phishing 69