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 Ransomware Gains Traction, UK BEC Fraud Spikes

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In comments reported earlier this week, cyber insurance security responder Tom Bennett of CFC Underwriting told The Financial Times that that claims surged in June and July. Gary Robinson, who serves as head of DCPCU, said that online conduits are gaining favor from fraudsters to further their schemes. “We

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Holiday Season Brings Corporate Payments Fraud Spike

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the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming , in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details. million was allegedly stolen from a Pennsylvania municipality via an AP and payroll fraud , Delaware Online reported recently.

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The RealReal Notches $300M In IPO

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Securities and Exchange Commission (SEC), as cited by the report. The Prime Unicorn Index discovered a Delaware stock authorization filing, and it was reported at the time that there wasn’t a guarantee that The RealReal would sell the full amount of shares. IBISWorld Pty Ltd.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

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About 40 percent of all ATO attacks now count as high-risk, meaning banks of all shapes and sizes must reexamine how they think about data protection, security and the tools they use to guard against emerging threats. market debut. For more on these and other stories, visit the Tracker’s News and Trends section.

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Who Should Lead The Digital ID Push?

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Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

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Digital Driver’s Licenses Are Put To The (Pilot) Test

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They can then use the digital versions when visiting age-restricted merchants, interacting with police at traffic stops or in airport screenings with Transportation Security Administration (TSA) personnel. It is now moving into phase two: testing digital licenses in online and other digital environments.

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Signifyd Data Shows Fraud Is Actually Declining

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“I would not want to be a merchant responsible for managing fraud today,” Spear told Karen Webster in a live online discussion on the topic held last week with an audience of online retailers. “It Online jewelry sales are on the increase, but the category has a higher decline rate than any other. Specifically Delaware.

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