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The Big Spike In ‘CEO Fraud’

PYMNTS

All in, the FBI’s Internet Crime Complaint Center (IC3) received a total of 467,361 complaints, with reported losses exceeding $3.5 As for the scams themselves, those varied widely both in terms of tactics and targets. billion (or slightly over half) of all losses tracked in 2019.

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

FICO

FICO’s European Fraud Map for 2020, based on data from Euromonitor International , shows that the UK achieved the greatest fall in card fraud monetary losses among the 18 countries studied, dropping 7 percent and £46 million year-on-year. However, other nations did not fare as well. Source: FICO European Fraud Map. .