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Úna Dillon, VP of Advocacy at the MRC, discusses the most common ten types of fraud merchants experienced in 2023 and what they should expect for the following year.
fraud prevention, ecommerce, merchants, merchant fraud, cybercrime, chargebacks, first-party misuse, identity theft, phishing, refund fraud, account takeover, bot attacks
Visa has announced it will require Australian ecommerce payment providers to invest in botnet detection capabilities by October 2022.
Visa, fraud detection, fraud prevention, bot attacks
Banking trojans and mobile malware have ranked as top security concerns for the financial services industry in 2020, according to a Twitter poll conducted by cyberthreat intelligence provider Blueliv.
banking Trojans, mobile malware, cybersecurity, financial services, botnets, Trickbot, fraud prevention, research
A new Forter report has revealed that cybercriminals participating in account takeover activities are using botnets to launch more than 100 of these attacks every second.
Forter, account takeover, data breaches, report, ecommerce
While fraudsters work hard on feeding the Darknet with data, RISK IDENT and Telekom use data intelligently to do away with telecom fraud
Risk Ident, telecom fraud, Telekom, fraud prevention, darknet, identity theft
Cybercriminals have been turning their attention to targeted ransomware attacks that are premeditated and reaping millions of dollars in ransom, according to Sophos 2019 Threat Report.
Sophos, report, malware, ransomware, cybercriminals, IOT, botnets, cyber attacks, fraud prevention
Mark Collins, EMEA Managing Director of Transaction Network Services, offers his insights into how to safely and securely insert cloud services into payment infrastructures
Transaction Network Services, Mark Collins, payment data, cloud payments, IOT, DDoS, Payment Application Managed Services
At last 1,000 Magento sites have been hacked by cybercriminals and infected with malicious scripts that steal payment card details.
Magento, malware, ecommerce, credit card, security, fraud prevention, online stores, cybercrime, malicious scripts
Cryptocurrency mining malware attacks have targeted more than 1.65 million computers in the first eight months of 2017, according to Kaspersky Lab.
Cryptocurrency mining, malware, cyberattacks, Kaspersky Lab, botnets, online security, fraud prevention
The spend on online FDP (fraud detection and prevention) solutions is set to rise to USD 9.3 billion by 2022, a new study from Juniper Research has found.
Juniper Research, 3DS 2.0, online fraud detection, online fraud prevention, IOT, DDoS, PSD2, APIs, Open Banking
Cisco has revealed that over one-third of organizations that experienced a breach in 2016 reported substantial customer, opportunity and revenue loss of more than 20%.
Cisco, data breaches, fraud prevention, report, security, customer retention, brand reputation
Global Fraud Attack Index research has revealed that attacks from fraudsters rose 215% over the course of 2015 and 11% between Q3 2015 and Q4 2015.
ecommerce, merchants, fraud, study, Global Fraud Attack Index
The interconnectivity of technology has led to a point where many devices are potentially vulnerable, a recent report unveils.
data breaches, online security, web fraud, biometrics, online authentication, digital identity, privacy
More than 90 million attacks were detected and stopped in real time in Q3 2015, a recent study shows.
cyber-attacks, cyberfraud, web fraud, online security, internet users, cyber-security, online fraud, online crimes, ThreatMetrix
Law enforcement and judicial authorities worldwide have taken down an English-speaking cybercriminal forum dubbed Darkode.
cyber-attacks, cyberfraud, web fraud, online security, internet users, cyber-security, Darkode, Europol
A new stage in the evolution of cybercrime is expected, with the adoption of Advanced Threat Protection (APT) techniques in financial online fraud, a recent report reveals.
web fraud, online security, cybercrime, APT, ATM, IOT, malicious software, NFC
The European Cybercrime Centre (EC3) at Europol has launched of the Joint Cybercrime Action Taskforce (J-CAT).
The UKs National Crime Agency has announced that it will begin the piloting process for The Joint Cybercrime Action Taskforce (J-CAT) which will enter a trial phase starting 1 September 2014 for a period of 6 months, according to information from the news agency SCMagazineUK.com.
EU, cybercrime, taskforce, J-CAT, National Crime Agency, web fraud, security, CryptoLocker, Zeus botnet
PayPal is expanding its payment services in 10 new markets, including Nigeria, reuters.com reports.
PayPal, online payments, internet, bank account, ecommerce, merchants, Customers, online shopping