PYMNTS

MAY 5, 2020

“Fraudsters are finding increasingly sophisticated ways to beat the system to commit financial fraud, however,” including big spikes in phishing attempts. ” Phishing, Smishing and the Value of Education . It never ceases to amaze how tireless and creative bad actors are about stealing your money.

Credit Union 95

Credit Union Smishing Phishing Credit Union Service Organization 95

The Fintech Times

FEBRUARY 23, 2024

However, the survey found that less than a third (31 per cent) of Britons know what deepfake documents are and are aware of the potential risks posed by digitally generated images of physical documents. The post Despite Knowing Risks, Brits Continue to Expose Themselves to Cybercriminals Finds IDnow appeared first on The Fintech Times.

Continuity 69

Continuity Deepfake Risk Smishing 69

PYMNTS

MAY 4, 2020

Three common forms of fraud that can threaten credit unions (CUs) are check fraud, card fraud and automated clearing house (ACH) fraud, and fraudsters often deploy phishing emails to deceive and defraud customers. Rise in Phishing Attacks and Data Breaches. Phishing attacks can also target CU employees.

Phishing 56

Phishing Credit Union Breach Data Breach 56

FICO

FEBRUARY 16, 2023

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.

Compromise 98

Compromise Debit Card Scams Smishing 98

FICO

JUNE 15, 2023

They use sketchy providers who don’t normally work with law enforcement and then phish, smish, email, and robocall the heck out of people. Putting some sensible friction into high-risk payments, or when customer behavior is different from the norm, can help improve both fraud losses and customer experience. TJ holds a B.S.

Scams 52

Scams Real Time Payments Smishing Same Day ACH 52