Fraud

February 20, 2018

Identity Fraud Hits All-Time High With 16.7 Million U.S. Victims

The 2018 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 8% (rising to 16.7 million […]
February 16, 2018

Phishing Attacks Affected 76% of Firms in 2017

The battle against phishing attacks is still very much on, with a majority of enterprises reporting attacks in 2017. According to Wombat Security Technologies’ State of […]
February 13, 2018

Equifax Hack Just Got Worse

The Equifax breach may have exposed more personal information of customers than previously thought.  Additional information, including tax IDs and driver’s license details, may have been […]
December 14, 2017

Mortgage Fraud Risk Slows; Rises in Hurricane-Impacted States

While the nationwide run-up in mortgage loan application defects appears to have slowed, instances of fraud remain on the rise in Texas and Florida.  The First […]
November 13, 2017

Will Regulation Solve Cybersecurity Problems?

Cybersecurity was a main topic at a recent New York banking conference.  According to Arthur Lindo, senior associate director of the Fed’s division of supervision and […]
October 19, 2017

Data Breaches Cost Firms $1.3 Million in 2017

Cyber attacks cost large North American businesses an average of $1.3 million in 2017, according to a new report from security vendor Kaspersky Lab and market research firm […]
September 29, 2017

What’s Next for Consumer Data Security?

For Equifax, the fallout from its massive data breach is far from over.  The company is facing numerous inquiries from government agencies and even lawsuits.  The breach exposed serious […]
September 28, 2017

Mortgage Fraud Risk on the Rise

An estimated 13,404mortgage applications, representing 0.82% of all applications, filed during the second quarter contained indications of fraud, according to the Mortgage Application Fraud Risk Index released by CoreLogic.  […]
August 11, 2017

Consumers Speed up Card Replacement Cycle

Despite the heightened security that comes with EMV chips and tokenization, consumers remain worried about their personal data being exposed in a seemingly nonstop parade of […]