Remove Identity Theft Remove Risk Remove Smishing
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Despite Knowing Risks, Brits Continue to Expose Themselves to Cybercriminals Finds IDnow

The Fintech Times

Deepfakes and threats of AI Such activity could lead to identity theft, which IDnow believes should be a concern to the UK public, especially given the rise in deepfake technology. They need to go further in terms of fraud prevention technology to meet their customers’ risk appetite, especially when their money is at stake.

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Deep Dive: Emerging Security Threats Facing The CU Space And How Data Analytics Can Help

PYMNTS

Cybercriminals are also developing a variety of threats including clone phishing, spear phishing, smishing and other specialized types of phishing. Savvy risk management thus begins with determining how data can be used to sooner identify and act on fraud. Phishing attacks can also target CU employees.

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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

With geographically specific strategies, issuers can define and implement rules that address the increased risk in distinct locations, or establish limits on transaction amounts in areas where skimming incidents are higher. Knowing where skimmers are most prevalent is also a powerful piece of knowledge. Debbie holds a B.A.