All in all, cybercriminals had a pretty good year. In Q3 2019 alone they made off with cryptocurrency valued at almost $4.5 billion. More than one-third of Americans surveyed report being victims of cybercrime in 2019, and 41 percent of those incidents involved the theft...
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Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The $755 billion online travel industry is a honeypot for bad actors looking to use stolen payment credentials to purchase vacation packages and resell them for profit. But combating fraud often comes at a cost, as onerous security protocols may alienate legitimate customers. In this...
Fraud continues to plague the digital world, despite the fortunes spent to curb it. Industries that operate solely online are some of the most vulnerable to fraud, including that of online travel. Many of these schemes take the form of clean fraud or friendly fraud...
Computing and security company Instart has released a new product meant to fight against the practice of eSkimming, which is when criminals scan websites for personal information entered into forms online. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Better Business Bureau (BBB) has a warning for the public: When an offer appears too good to be true, that is probably the case. One scheme that fits this description is reshipping fraud, a type of scam that often lures in unsuspecting participants by...
Some 11 million U.S. consumers were scammed into buying fake or nonexistent live concert tickets last year — a trend that puts tremendous pressure on ticket-selling platforms to ensure they only engage with legitimate customers. In the new Digital Fraud Tracker, Ticketmaster’s Chief Information Officer...
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