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The Worsening Phishing Menace; 2021 E-Commerce Forecast; ParkMobile Expands Google Pay and Maps Integrations
Search Results for: phishing
Phishing Attacks Have Reached an Alarming Level, With a Record High in July
It’s well-known by now that e-commerce activity is on a sharp upswing, but the underside of that trend is that fraud is rising fast, as well. Phishing attacks, for example, hit a record high in July, according to the Anti-Phishing Working Group, which on Monday released its report for the …
Read More »Debit’s Eventful 2020; Cantaloupe’s Micro-Market Play; A 4X Increase in Phishing Attack Costs
A 4X Increase in Phishing Attack Costs and other Digital Transactions News briefs from 8/17/21
The overall costs of phishing attacks on businesses have nearly quadrupled since 2015, rising from average losses of $3.8 million per company in 2015 to $14.8 million in 2021, according to research from cybersecurity and compliance company Proofpoint Inc. and Ponemon Institute.Uplift Inc., a buy now, pay later provider specializing in travel, …
Read More »Intuit’s New Contactless Reader; Three Payment Brands in Phishing List; Waystar To Acquire Patientco
Phishing Attacks on Financial Entities up 45%; Eye on E-Commerce; Western Union Ready at Walmart Stores
Phishing Attacks on the Financial Sector Increased 45% in 2020, Akamai Report Finds
While some parts of the economy slowed in 2020, criminals paid no mind to that as their phishing attacks against companies in the financial sector increased 45% over 2019 to 3.4 billion, Akamai Technologies Inc. found in its “State of the Internet / Security report: Phishing for Finance” released Wednesday. …
Read More »Digital Payments And Phishing Attacks Influence Bankers’ Priorities for 2021, CSI Says
Investing in digital account opening, mobile-banking applications, and customer-relationship applications are among bankers’ priorities for digital services in 2021, says a report from Computer Services Inc., a provider of cloud-based financial-services technology. Enabling consumers to open accounts digitally, even after the Covid-19 pandemic subsides, was cited as a top priority …
Read More »PayPal Adds Pay in 4 POS Credit Option; Phishing Gets Fishier; Quadpay in Vyze Deal
Phishing Gets Even Fishier As Online Criminals Turn a Security Protocol to Their Advantage
Online criminals are now launching most of their phishing attacks from domains secured by the HTTPS protocol—and they’re hijacking the sites they need to do it, according to the latest report from the Anti-Phishing Working Group, a security-industry organization that tracks the crime. Some 77.6% of phishing sites in the …
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