authorized fraud

43% of Fraudulent Transactions That Hit FIs Are Authorized
43% of Fraudulent Transactions That Hit FIs Are Authorized
June 07, 2024  |  Fraud Prevention

When it comes to payments fraud, the Federal Reserve actually splits the crime into two categories: authorized and unauthorized fraud. While unauthorized fraud — which...

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Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024  |  Security & Fraud

The fraudsters grow ever-wilier, the attacks more brazen. And effective. A blog post this week from the Atlanta Federal Reserve noted that “at least” 60 credit...

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It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
June 03, 2020  |  Security & Fraud

As commerce shifts online in a pivot that is likely to remain permanent, the fraudsters are also shifting their targets — and methods. And as...

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Financial Scams Against UK Consumers, Biz Up 16 Pct
Financial Scams Against UK Consumers, Biz Up 16 Pct
March 21, 2019  |  Security & Fraud

Financial scams perpetrated against U.K. households and companies increased 16 percent in 2018, according to new data. The Financial Times, citing the trade body UK...

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