Collaborate Disseminate
A TransUnion research finds instances of synthetic fraud and outstanding balances for suspected synthetic accounts at U.S. financial institutions have declined significantly after the WHO declared COVID-19 a global pandemic. However, new analysis by Ai… Continue reading The cost of synthetic fraud to reach new highs
The rapid increase in digital use created a perfect storm for fraudsters to quickly find new ways to steal funds, capitalizing on consumers’ lack of familiarity with digital platforms and the resource constraints faced by many businesses. In fact, from… Continue reading How do I select a fraud detection solution for my business?
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
Fraudsters are decreasing their schemes against businesses, but increasing COVID-19 focused scams against consumers online, according to TransUnion. Fraudsters less targeting businesses The percent of suspected fraudulent digital transactions against b… Continue reading Online fraud against businesses drops, increases against consumers during reopening
32% of consumers say they have been targeted by digital fraud related to COVID-19, with phishing emerging as the world’s top digital fraud scheme related to the pandemic, according to TransUnion, the US consumer credit reporting agency. TransUnio… Continue reading A Third of Internet Users Are Actively Targeted by COVID-19 Fraud
Phishing is the top digital fraud scheme worldwide related to the COVID-19 pandemic, TransUnion reveals. Among consumers reporting being targeted with digital COVID-19 schemes globally, 27% said they were hit with pandemic-themed phishing scams. “From … Continue reading 27% of consumers hit with pandemic-themed phishing scams
The telecommunications, retail and financial services industries have been increasingly impacted by COVID-19 online fraud, according to TransUnion. From a consumer perspective, Millennials have been most targeted by fraudsters using COVID-19 scams. Ove… Continue reading COVID-19 online fraud trends: Industries, schemes and targets
TransUnion announced the creation of its Global Fraud & Identity Solutions Group, a move focused on uniting all aspects of the company’s fraud risk offerings, and the hiring of industry veteran, Shai Cohen, to lead the group. “For years TransUnion… Continue reading TransUnion announces the Global Fraud & Identity Solutions Group, hires Shai Cohen to lead it
Since the COVID-19 outbreak, digital fraud has increased significantly, especially when it comes to account takeover. In this Help Net Security podcast, Angie White, Senior Product Marketing Manager at TransUnion, explores ATO and social engineering at… Continue reading Preventing account takeover and social engineering attacks
In this podcast, Matt Johnson, Product Marketing Manager at TransUnion, talks about identity proofing and navigating identity during changing economic dynamics. By the end of this session, you’ll have an understanding of how to formulate an appro… Continue reading How to formulate a suitable identity proofing strategy