The fraud detection and prevention (FDP) market is expected to surpass $100 billion by 2027, as reported in a research study by Global Market Insights. The growing adoption of mobile phones and digital banking applications is proliferating the market growth. The growing instances of cyberthreats and money laundering across sectors are driving the need for…

No one — gamer, cryptocurrency investor, or online shopper — is safe from scammers. But no matter who the victim is or how sophisticated the scheme may be, there is always a way to sniff out fraud before it’s too late. Today we’re looking at five common signs of online scams to help you avoid…

One of the most eagerly awaited games of the year, Cyberpunk 2077, is set for release in December 2020. As gamers count down the days, scammers are using the window to cash in. We found several websites supposedly giving away Cyberpunk 2077. Alas, visitors are sure to be disappointed, or worse. How the Cyberpunk 2077…

There’s a 1% decrease in suspected online retail fraud worldwide during the start of the 2020 holiday shopping season compared to the same period in 2019, a 59% increase from the same period in 2018 and a 14% increase from all of 2020 so far, TransUnion research reveals. Holiday shopping season fraud stats The findings…

The internet is full of fraud and theft and cybercriminals are operating in the open with impunity, misrepresenting brands and advocating deceit overtly. Bolster found these criminals are using mainstream ISPs, hosting companies and free internet services – the same that are used by legitimate businesses every day. Phishing and online fraud scams accelerate In…

Despite being built with various shielding techniques, mobile apps are easily cloned or mimicked. As a result, fraud figures have kept growing since the advent of mobile banking and payments, and counterfeit apps infiltrating stores generates serious reputation and trust issues. On these statements, Pradeo R&D team focused on the issue and came up with…

Online voting is likely to shape future election cycles, according to a study from OneLogin. 59% of respondents expect online voting will become a reality within five years. Online voting demographics Though various demographics differ in their opinions about online voting, respondents shared concerns about the possibility of fraud and compromised data security. 49% of…