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. If fewer than 500 individuals are affected, you should report it within 60 days of the end of the calendar year in which the breach was discovered. Secret Service offices.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

SEPTEMBER 18, 2017

Late last week, the Federal Trade Commission made the rare public announcement that it was looking into the breach, prompted by the attention the case has generated. The stolen data included Social Security numbers, birth dates and other personal information. There’s also a risk of medical fraud, noted the report.

Breach 66

Breach Risk Federal Trade Commission Data Breach 66

PYMNTS

OCTOBER 30, 2018

Federal Trade Commission (FTC) the latest to place emphasis on the importance of safeguarding data and systems. With malware often finding its way into an enterprise via phishing emails that fool employees, adequate worker education is paramount.

FTC 73

FTC Cybersecurity Small Business Federal Trade Commission 73

PYMNTS

NOVEMBER 17, 2020

Fraudsters utilizing these schemes rely on tactics such as phishing and impersonation scams to trick customers and businesses into sending payments or payment details, and their use of real-time rails can enable them to make off with the funds before customers catch on. Another report from the Federal Trade Commission determined that U.S.

Scams 89

Scams Account Takeovers Federal Trade Commission Real Time Payments 89

PYMNTS

DECEMBER 17, 2020

The IRS is encouraging consumers to screenshot these fraudulent texts and email them to the agency at phishing@irs.gov. 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.

Scams 84

Scams IRS Federal Trade Commission FTC 84

PYMNTS

MAY 21, 2020

Artificial intelligence (AI) and machine learning (ML) can analyze the thousands of transactions banks process each day in real time, and employee education efforts are proving effective in preventing deception via phishing emails or other social engineering techniques. This accounted for 20.3 percent of 3.2

Financial Crimes 52

Financial Crimes Crime Identity Theft Federal Trade Commission 52

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.

Identity Theft 69

Identity Theft FTC Account Takeovers Phishing 69

FICO

NOVEMBER 22, 2021

In 2020, the Federal Trade Commission received more than 2.1 Phishing scams are popular because of the accessibility of reaching large numbers of people through email and text messages. Tip #5: Communicate Directly with Your Bank. million fraud reports from consumers.

Scams 98

Scams Online and Mobile Banking Identity Theft Credit Cards 98

PYMNTS

MARCH 3, 2020

It’s just as bad stateside, with the Federal Trade Commission (FTC) concluding that Americans got taken for over $200 million via internet romance ruses last year alone. Online dating is lousy with, well, louses, as we learn from the February 2020 Digital Fraud Tracker® , a DataVisor collaboration.

Federal Trade Commission 53

Federal Trade Commission FTC Account Takeovers Ransomware 53

Innovative Payments Association

JUNE 26, 2024

Be Aware of the Different Types of Scams Phishing Scams: Seniors may receive emails or phone calls pretending to be from their bank, asking for sensitive information like passwords or social security numbers. What to Do if You're Targeted If you suspect a scam, report it to your bank, local law enforcement, and the Federal Trade Commission.

Scams 52

Scams Federal Trade Commission Identity Theft Law Enforcement 52

FICO

JANUARY 22, 2021

Federal Trade Commission (FTC) is an important resource, taking in reports from consumers about problems they experience in the marketplace. Phishing attacks are on the rise during the pandemic. Fraud Numbers Vary Widely. Exactly how big credit card fraud is depends on where you look.

Credit Cards 52

Credit Cards FTC Push-to-Card Federal Trade Commission 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

Center for Payments

NOVEMBER 21, 2023

The FBI warns consumers to be on the lookout for fake websites, counterfeit products, and phishing emails that appear to be coming from trusted retailers that consumers normally engage with. The Federal Trade Commission (FTC) offers tips to follow before making a financial donation to a charity this year.

Holiday Scams 40

Holiday Scams Scams FBI Federal Trade Commission 40

Nanonets

MAY 31, 2023

According to the Federal Trade Commission, USA, over 1.4 Phishing Attacks: Fraudsters send deceptive emails or messages, often mimicking reputable organizations, to trick employees or customers into revealing their payment details. million, with an average of $136 being stolen per phishing attack.

Fraud Detection 52

Fraud Detection Payments Audit Fraud Prevention 52

FICO

JANUARY 19, 2022

This includes phishing of personal and account-level information as well as compromising the PAN / CVV for use in a fast-following fraud attack. Federal Trade Commission (FTC) is an important resource, taking in reports from consumers about problems they experience in the marketplace. Fake webpage for Royal Mail.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

PYMNTS

APRIL 22, 2020

The sites were used as phishing schemes, authorities said. In a press release at the end of March, the Federal Trade Commission reported that it had received more than 7,800 complaints from consumers related to the coronavirus pandemic, twice the number it received a week prior.

Scams 69

Scams Federal Trade Commission Law Enforcement Phishing 69

The Fintech Times

FEBRUARY 12, 2025

According to the Federal Trade Commission, romance scams have caused losses of more than $1.14billion with the average loss per survivor i s $2,000, making them the most expensive imposter scam out there. Synthetic identities: Fraudsters use AI to generate realistic synthetic identities to open fraudulent accounts.

Romance Scams 59

Romance Scams Scams AI Deepfake 59

PYMNTS

MAY 14, 2020

Federal Trade Commission (FTC) recently reported American consumer shave already lost $13.4 Online shopping sites have been particularly targeted by these bad actors, with schemes ranging from false product listings for face masks and medical suppliers to the ever-popular email phishing tactics.

Federal Trade Commission 60

Federal Trade Commission FTC Phishing Authentication 60

PYMNTS

JULY 13, 2018

It turns out companies are having some success in the everlasting battle against corporate fraud — in B2B, email phishing scams and supply chain attacks in particular. The efforts will involve the Department of Justice, CFPB , SEC and Federal Trade Commission , along with agencies in law enforcement at the local level.

Risk 40

Risk Phishing Federal Trade Commission Debit Card 40