Credit card fraud stories
Finance sector tops 2023 data breach list, Kroll report reveals
Finance emerged as the sector most targeted by data breaches in 2023, with 27% of incidents, despite an 81% decrease in the insurance sector, says Kroll report.
Australians lose $3.1bn in 2022 to rising online scams
Aussies lost around $3.1bn in 2022 due to online scams, warns the Australian Competition and Consumer Commission and cloud security firm Akamai.
67% rise in fraud losses in the UK in 2022, says money.co.uk
The personal finance experts at money.co.uk, in their 2022 Fraud Report, have revealed the average monthly losses to fraudsters in 2022 to be over £333 million.
Combating identity deception with a people-centric approach
Identity deception and theft have evolved with the rise of digital engagement, creating a need for stronger security measures.
Entrust advances Sigma Instant Issuance Platform for cards
Unique light curing module for Entrust Sigma instant issuance systems brings new financial card durability and personalization to card issuers.
Netcetera partners with EML Payments Ltd. to enhance secure payment solutions
EML Payments partners with Netcetera to implement a state-of-the-art payment solution, adding to their portfolio of technology for safer transactions.
Online credit card fraud on the rise leading up to holiday season
Credit card fraud has seen a significant increase in Australia, particularly online, according to analysis from AusPayNet.
Romanian nationals jailed for card skimming
The equipment was used to obtain credit card details of more than 122 New Zealanders, and to steal approximately $75,380 from many of them.
Natural disasters, card fraud Kiwis’ top security concerns
Only 22% of Kiwis are concerned about a security breach while working from home, despite increasing cyber attacks.
Cybercrims' web skimming strategies taint web analytics platforms
Cybercriminals are using legitimate web analytics platforms like Google Analytics to steal credit card details and personal information.
Card skimming tech seized in Auckland
Two people were arrested on charges of importing goods for a dishonest purpose, including skimming devices and a card writing machine.
Meeting the card payment industry’s compliance requirements - Kemp
eCommerce fraud boom leads to a surge in CNP crime, spotlighting vital PCI-DSS compliance and advanced security tech.
Kathmandu breached, customer information accessed
Kathmandu is notifying potentially affected customers directly and has advised them to change their passwords for its online loyalty programme.
Hands-on review: The Ekster Wallet protects your cards against RFID attacks
Farewell tinfoil hats—Ekster's wallet promises chic protection against RFID skimming with a stylish, secure solution.
Ticketmaster breach part of massive digital credit card skimming campaign
Ticketmaster breach part of global Magecart cyber skimming spree, says RiskIQ report.
Online businesses under siege from botnet DDoS attacks and credential abuse – report
Attack traffic origination against from China and Russia combined was three times the number of attacks from the US.
How to mitigate cyber risks while travelling
Over the past year, compromises of payment card data, network intrusions, and cyberattacks using hotel Wi-Fi have plagued the hospitality industry.
$534m lost in 2016 as credit card fraudsters ditched the plastic & moved online
Physical credit card fraud is on the decline as online fraud takes its place, according to new statistics from the Australian Payments Network.
Digital Shadows discovers credit card crime ring cashing in on $24b a year
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
Flokibot Point of Sale credit card theft on the rise
Threat actors salivate at the thought of an increased volume of credit and debit card transactions flowing through endpoints they have compromised.
AMEX phishing scam uses encryption to lull users into ‘false sense of security’
A new fake AMEX phishing attack uses tactics that lull users into a false sense of security: A mirrored website and SSL certificates, says MailGuard.
Fighting bank fraud and improving the customer experience: Can they work together?
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?.
How to protect your business from online scams
NetSafe has offered up some advice for how businesses can protect themselves from online scams and credit card fraudsters.
Cyber attacks target New Zealand charities
New Zealand charities hit by cyber attacks, with NetSafe reporting automated attempts to validate stolen credit cards.