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Fraud Blog

The Fraud Blog

News, research, and analysis on eCommerce payments and fraud prevention.

The Fraud Blog

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Fraud Prevention

Mortgage Application Fraud Increases in First Quarter of 2019

as Fraudsters Become More Sophisticated in How They Fudge Their Income The National Mortgage Application Fraud Risk Index maintained by…

Nov 5, 2021 · 2 min read
Data Breach

Nearly 450 Million Consumer Records with PII Exposed in 2018

According to the Identity Theft Resource Center, who just released their 2018 End-of-Year Data Breach Report, the number of data breaches…

Nov 5, 2021 · 2 min read
Industry News

Nearly 90 Percent of U.S. eCommerce Sales are Domestic, Here are Several Reasons Why

A recent study from PPRO and Edgar, Dunn & Co. found that while about 40 percent of online sales in European countries are made to…

Nov 5, 2021 · 3 min read
Data Breach

Nearly Four Thousand Data Breaches, Four Billion Records Compromised in First Half of 2019

More than 3,800 data breaches occurred in the first half of this year, a 54 percent increase from the first half of 2018. The number of…

Nov 5, 2021 · 1 min read
Fraud Prevention

Nearly Nine-in-Ten Organizations Experienced Spear Phishing Attacks; Over Half Fell Victim in 2019

According to a survey of over 600 IT security professionals across seven countries, 88 percent of organizations saw spear phishing attacks,…

Nov 5, 2021 · 3 min read
Data Breach

Number of Disclosed Data Breaches Down 50% but Exposed Records Up 400% in First Half of 2020

While there are some questions around the number of data breaches thus far, 2020 is shaping up to be a record year in terms of number of…

Nov 5, 2021 · 2 min read
Data Breach

Number of Records Compromised in U.S...

...Data Breaches Nears All-Time High While Nearly 90 percent Included Victims’ SSNs Nearly 1,600 data breaches occurred in the United…

Nov 5, 2021 · 2 min read
Fraud Prevention

NYPD Trials New Skimming Detection Device “Skim Reaper”

A computer science professor and two graduate students invented a device used to check ATMs and card readers to detect the presence of a…

Nov 5, 2021 · 2 min read
Fraud Prevention

One-in-Five Phishing Emails are Sent from Compromised Email Accounts

Fraudsters find more success with getting phishing campaigns delivered as well as with open and click rates when sending from an existing,…

Nov 5, 2021 · 1 min read
Industry News

One Million Victims and $2.6 Billion Loss to Child Identity Theft in 2017

While 19 percent of US adults who were notified of a data breach fell victim to identity fraud last year, more than twice as many children…

Nov 5, 2021 · 2 min read
Industry News

Online Order Returns Spike Post Holidays

Private courier UPS has declared January 2nd National Returns Day, the busiest package return day of the year, and prepared to handle…

Nov 5, 2021 · 2 min read
Data Breach

Over 700 Million Compromised Email and Password Combinations Used to Send Spam

Lists of email addresses with password and other information, used to send phishing emails and spam, were hosted on an open server and…

Nov 5, 2021 · 2 min read