South Africa credit bureau breached, data reportedly held for $15 million ransom

South Africa tech news site ITWeb reported that a group calling itself N4aughtysecTU is taking responsibility.

The post South Africa credit bureau breached, data reportedly held for $15 million ransom appeared first on CyberScoop.

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Shipping fraud quickly emerging as one of the top fraud types

The continuous growth of e-commerce could be behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to a TransUnion report. There was an influx in shipping fraud in 2021, resulting in a 780.5% year… Continue reading Shipping fraud quickly emerging as one of the top fraud types

Neustar Email Intelligence provides insights on email deliverability

Neustar, a TransUnion company, has expanded its suite of Contact Center Solutions with Email Intelligence. This new capability provides additional signals and scores to maximize the impact of the email channel while reducing the corresponding complianc… Continue reading Neustar Email Intelligence provides insights on email deliverability

Fraudulent e-commerce transactions spiked between Thanksgiving and Cyber Monday

17.46% of all global e-commerce transactions between Thanksgiving and Cyber Monday were potentially fraudulent, a TransUnion report reveals. Those numbers were slightly higher in the U.S. where 19.66% were suspected fraudulent. The number of suspected … Continue reading Fraudulent e-commerce transactions spiked between Thanksgiving and Cyber Monday

Neustar Security Services spins out to combat the next generation of challenges and threats

Neustar Security Services has become the newest portfolio company of Golden Gate Capital and GIC following the completed sale of Neustar Inc.’s Marketing, Risk and Communications solutions businesses to TransUnion. The spin out marks Neustar Security S… Continue reading Neustar Security Services spins out to combat the next generation of challenges and threats

TransUnion acquires Neustar to enhance fraud detection and prevention offerings

TransUnion has signed a definitive agreement to acquire Neustar, a premier identity resolution company with solutions in marketing, fraud and communications, from a private investment group led by Golden Gate Capital and with minority participation by … Continue reading TransUnion acquires Neustar to enhance fraud detection and prevention offerings

Digital fraud attempts on the rise: Gaming, travel and leisure most targeted

As the prevalence of digital fraud attempts on businesses and consumers continues to rise, TransUnion’s analysis found that fraudsters are re-focusing their efforts from financial services to the travel and leisure and gaming industries. Across industr… Continue reading Digital fraud attempts on the rise: Gaming, travel and leisure most targeted

Privacy Takes a Hit In the High Court

One of the earliest “privacy” laws in the United States is, surprisingly, the Fair Credit Reporting Act. Back during the Nixon Administration, Congress passed a law that gave people the right to see what was on their credit report, to contest inaccura… Continue reading Privacy Takes a Hit In the High Court

Experian’s Credit Freeze Security is Still a Joke

In 2017, KrebsOnSecurity showed how easy it is for identity thieves to undo a consumer’s request to freeze their credit file at Experian, one of the big three consumer credit bureaus in the United States.  Last week, KrebsOnSecurity heard from a reader who had his freeze thawed without authorization through Experian’s website, and it reminded me of how truly broken authentication and security remains in the credit bureau space. Continue reading Experian’s Credit Freeze Security is Still a Joke

The war against the virus also fueling a war against digital fraud

TransUnion’s latest analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters are increasing their rate of digital schemes against businesses. In addition, a recent study found that more than one in three global co… Continue reading The war against the virus also fueling a war against digital fraud