Deep Dive into Synthetic Identity Fraud

The fraud landscape is evolving and, as the world becomes increasingly digital, so do the criminals. From petty schemes to high-class social engineering strategies, fraudsters cash out on billions each year. Creating a fake identity The FTC calls synth… Continue reading Deep Dive into Synthetic Identity Fraud

UniCredit leaks 3 million customer records in data breach

Italian banking giant UniCredit has suffered a “data incident” that exposed 3 million customer records, including full names, phone numbers and email addresses. UniCredit issued an urgent security notice yesterday announcing that a file con… Continue reading UniCredit leaks 3 million customer records in data breach

Synthetic identity fraud to drive $48 billion in annual losses by 2023 – Juniper Research

Online payment fraud losses will reach $48 billion annually by 2023, up from the $22 billion in losses projected for 2018, a new study from Juniper Research has found. Juniper’s new research claims that a critical driver behind losses from eComme… Continue reading Synthetic identity fraud to drive $48 billion in annual losses by 2023 – Juniper Research