In the ever-evolving fraud landscape, fraudsters have shifted their tactics from using third-party devices to on-device fraud. Now, users face the rising threat of fraud involving remote access tools (RATs), while banks and fraud detection vendors struggle with new challenges in detecting this invisible threat. Let’s examine the modus operandi of fraudsters, prevalence rates across […]
Job recruitment scams have grown into a huge problem. The BBB reports that in the U.S. and Canada alone, an estimated 14 million people are exposed to job scams every year, with $2 billion in direct losses annually. These attacks hurt individuals and the companies they work for, as well as the organizations that the […]
Fraudsters are constantly finding new ways to exploit vulnerabilities in the banking system, and one of the latest tactics involves stealing credit card information via mobile banking apps. This type of attack has been seen in different variations in Spain and North America and was reported for the first time at the beginning of 2023. […]
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