Collaborate Disseminate
QR code usage continues to rise in popularity. In fact, 57% of respondents to a new Ivanti study claim to have noticed an increase in the usage of QR codes since mid-March 2020. As the need for touchless transactions increased due to COVID-19, 83% of r… Continue reading Most users don’t know the capabilities and risks of QR codes
RSA has published its latest quarterly fraud report, reinforcing the migration to more precise payment authentication methods and showing a notable spike in brand abuse attacks. The report features insights from Q4 and full year 2020 data collected whi… Continue reading Payment transaction volume using 3-D Secure protocol grows globally
More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41 percent compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from cash and checks toward greater reliance on r… Continue reading How global markets are adopting real-time payments
The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories were hit by both major increases in attempted fraud rates and increases in the value of those fraudulent purchases,… Continue reading Fraudulent purchase attempts value increased 69% in 2020
Retailers around the world are increasing their fraud teams and budgets because of a significant rise in all types of online fraud during the pandemic, a research by Ravelin finds. 72% of retail brands around the world expect to grow fraud teams in the… Continue reading As online fraud rises, 72% of retail brands expect to grow fraud teams
There has been a 24 percent increase in eCommerce transactions globally in December 2020 compared to December 2019, ACI Worldwide reveals. In particular, eCommerce transactions in the retail sector increased 31 percent and the gaming sector increased 9… Continue reading Fraudulent attempt purchase value decreased by $10 in 2020 compared to 2019
83% of the top U.S. retailers have connections to a vulnerable third-party asset, and 43% have vulnerabilities that pose an immediate cybersecurity risk, Cyberpion reveals. In addition, the company found that 30% of these retailers have an asset that e… Continue reading Third-party online assets a growing security risk for retailers
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, Tra… Continue reading Holiday shopping season fraud stats revealed
Cyber attacks are on the rise during this year of uncertainty and chaos. Increased working from home, online shopping, and use of social platforms to stay connected and sane during this year have provided criminals with many attack avenues to exploit. … Continue reading Why microlearning is the key to cybersecurity education
While consumers are aware of increased risks and scams via the internet, they still plan to do more shopping online – and earlier – this holiday season, McAfee reveals. Thirty-six percent of Americans note they are hitting the digital links to give gif… Continue reading Consumer behaviors and cyber risks of holiday shopping in 2020