Remove Fraud Prevention Remove Phishing Remove Smishing
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Credit Unions, CUSOs Fighting Fraudsters

PYMNTS

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,” according to PYMNTS’ April Credit Union Tracker® done in collaboration with PSCU. ” Phishing, Smishing and the Value of Education .

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How Fraudsters Create New Schemes With Social Engineering

PYMNTS

Other fraudsters may go directly after restaurant employees with phishing schemes, a popular method for gaining access to data. Vishing” and “smishing” are two phishing variants that have become more popular as QSR employees and consumers grow wise to the suspicious emails associated with phishing.

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Despite Knowing Risks, Brits Continue to Expose Themselves to Cybercriminals Finds IDnow

The Fintech Times

An additional 37 per cent of Brits are most concerned about fraud via social media channels. With 54 per cent of Brits unfamiliar with social engineering, encompassing deceptive tactics such as phishing or smishing, the majority of the population remains vulnerable to potential fraud attempts.

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Fraud Scams Skyrocket, But People Worry More About Pickpockets

FICO

A simple phish or smish can turn into a nightmare for a consumer whose guard is down and is using their preferred communication method (text or email) to respond to a legitimate-looking message. For more insights about global consumer sentiments on fraud prevention, download our recent whitepaper: FICO® Consumer Fraud Survey: 2021.

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Fraud Scams Skyrocket, But Consumers Are More Concerned About Pickpockets

FICO

A simple phish or smish can turn into a nightmare for a consumer whose guard is down and is using their preferred communication method (text or email) to respond to a legitimate-looking message. For more insights about global consumer sentiments on fraud prevention, download our recent whitepaper: FICO® Consumer Fraud Survey: 2021.

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To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

Now, I can practically send, transfer, or pay by accident by simply looking at my smartphone, which can make fraud prevention a real challenge. They use sketchy providers who don’t normally work with law enforcement and then phish, smish, email, and robocall the heck out of people.

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European Card Fraud 2020: UK Shrinks Fraud Losses by £46M

FICO

In an incredibly challenging year, only five of the 18 countries analysed by FICO achieved a reduction in card fraud. This success is testament to the tenacity of the UK banks, which have always favoured customer service over fraud prevention and focused on enabling new, secured channels. Hungary also made significant progress.