As discussions of cybersecurity and wire and title fraud risks continue to increase, so does the cost of cyber insurance. Per Insurance Insider’s examination of Beazley’s Cyber book, “U.S. cyber ...
The US Department of Justice Criminal Division’s Fraud Section (DOJ) recently released its annual Year in Review report, detailing the Fraud Section’s accomplishments in 2022. Consistent with stated ...
Roy Prayikulam, Senior Vice President, Risk & Fraud Division at Inform, is an internationally active optimization specialist headquartered in Aachen, Germany. He argues that as data is changing - in ...
More than $10 billion in losses from online scams were reported to the FBI in 2022, the highest annual loss in the last five years, according to a new report from the bureau. The more than $3 billion ...
NORTHBOOK, Ill.--(BUSINESS WIRE)--Taxpayers may get lower refunds this year, but that’s not stopping scammers from trying to steal them. Allstate Identity Protection is reporting a 68% spike in tax ...
Refund fraud is now a business, with methods and tutorials sold to exploit return policies for profit. Flare shows how fraudsters turn refunds and chargebacks into a repeatable profit model.
A study conducted by PwC in 2022 showed that in the last two years, more than 50% of surveyed companies had experienced some kind of fraud. While the statistics are the highest to be reported in the ...
The first objective of collaboration between regulators and businesses is to enhance existing standards and procedures. Regulators also devote a substantial portion of their efforts to problem-solving ...
Keeping the App Store secure is as difficult as it has ever been, and Apple has the numbers to prove it. On Tuesday, Apple revealed in a blog post that the App Store stopped over $2 billion in ...