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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. Developments in generative artificial intelligence (AI) mean deepfake technology can now be used to create hyper-realistic fake documents.

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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. Clicking can initiate malicious attacks and spyware that can steal passwords, credit card numbers and other data from browsers. Some 1,473 breaches revealed 164.7

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

FICO

While skimming events can impact hundreds of unknowing individuals, criminals will also continue to target consumers through phishing, smishing, scams, and other tactics to obtain cardholder data that can be used for card-not-present fraud. Banks should deploy fraud checks prior to authorizing any purchase or payment transaction.