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Fraud detection and prevention costs merchants more than fraud itself

08

Mar

2022

European merchants spent nearly €7 billion on fraud detection and prevention in 2021 alone – more than three times the value lost to fraud in the same year, CMSPI estimates. These practices are unsustainable for the continent’s merchants, who are currently facing compound annual fraud growth of 1.5%. As retailers’ margins are squeezed, fraud and […]

Category Cyber-crime Phishing Written by Helpnetsecurity 0 Comments

Bot attack volumes growing 41% year over year, human-initiated attacks down 29%

16

Sep

2021

Bot attack volumes grew 41% year over year with human-initiated attacks falling 29%, according to a report from LexisNexis Risk Solutions. The report confirms earlier trend patterns showing the financial services industry and media businesses bear the brunt of increased automated bot network attacks. The report analyzed 28.7 billion transactions over the six-month period, up […]

Category Threats & Malware Vulnerabilities Written by Feedproxy 0 Comments

Most users don’t know the capabilities and risks of QR codes

21

Apr

2021

QR code usage continues to rise in popularity. In fact, 57% of respondents to a new Ivanti study claim to have noticed an increase in the usage of QR codes since mid-March 2020. As the need for touchless transactions increased due to COVID-19, 83% of respondents stated that they used a QR code to make […]

Category Mobile Mobile security Written by Feedproxy 0 Comments

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Fraud detection and prevention costs merchants more than fraud itself

Bot attack volumes growing 41% year over year, human-initiated attacks down 29%

Most users don’t know the capabilities and risks of QR codes

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