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Discover how improved methods – and education – can help mitigate fraud at account login and address suspicious transactions before they are approved: https://lnkd.in/dHhgR6JA #authentication #fincrime #payments #fraud #scams #fraudmitigation

If you do not know how to protect yourself from threats in any digital payment system, perhaps the best way is not to use them. Because of fraud, you can lose soooo much money! You should ask: What are the prevention ways? As you know, the answers are in our blog 👇 #fraud #digitalpayment #fraudprotection #brandefense

🚨 Beware of Vishing - RAT Scams: How Impersonation Shatters Lives 🚨 Criminals impersonate banks, police, or Microsoft to swindle victims into handing over their money. They start with a voice call to the victim. Often, they will trick victims to install a Remote Access Toolkit on their device. After this, the device, access to banking accounts, and information are fully compromised… Read our latest blog on using the Fraud Kill Chain to detect fraud: 👉 https://hubs.ly/Q02qHGRc0 #FraudKillChain #VishingRATScams #Vishing

Protect Your Money: Safest Ways to Pay Online and Stay Safe from Fraud #ApplePay #banktransfers #creditcardfraud #cybercrime #digitalwallets #encryption #fraudprotection #GoogleWallet #holidayseason #mobilepayments #monitoraccounts #onlineshopping #onlinetransactions #paypal #personalinformation #publicWiFi #safestpaymentmethods #securitymeasures #socialsecuritynumbers #SquareCash #suspiciousactivity #tokenization #twofactorauthentication #unsecurednetworks

Indians lost ₹1750 crore to cyber fraud in just the first 4 months of 2024! That's not all. ➟ 7,000 #cybercrime complaints were registered 𝘦𝘢𝘤𝘩 day ➟ 85% of all complaints were for financial online fraud (Data by The Economic Times) Right from onboarding to transactions and beyond, each customer interaction with a digital service provider is vulnerable to #cyberfraud. Understanding these risks and implementing comprehensive AI-powered fraud prevention measures is critical for organizations to protect their bottom line. That’s where advanced solutions like Bureau come into play. Want to dive deeper into the types of fraud that erode digital trust at different stages of a customer journey? 𝐑𝐞𝐚𝐝 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 [𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬].  #DeviceIntelligence #Fintech #FraudDetection #CustomerJourney #SaaS

Account takeover, long the scourge of retailers and businesses, remained the top #fraud type in 2023. 💰 📈 A new report found 28.7% of fraud in 2023 was third-party account takeover. That was followed by #scams and bonus abuse, each at 16%, and first-party fraud, 14.6%. Across all activity, however, human-initiated attacks increased 19% globally in 2023 over 2022. ➡️ Learn more: https://zurl.co/h9Dl #accounttakeover #digitalattacks #fightfraud #fraudstatistics

🚨 FYI for credit unions and their members! Be aware of these 5 fraud threats highlighted in Experian's 2024 Future of Fraud Forecast: - Accelerated DIY Fraud due to Generative AI - A Resurgence of In-Person Branch Activity - Rising Empty Returns Plaguing Retailers - Expected Surge in Synthetic Identity Fraud - Expansion of Fraudsters into Cause-Related and Investment Deception According to the report, 85% of consumers said biometrics were the most trusted authentication method, but it is only currently used by 32% of businesses to protect against fraud! IDgo can give your members peace of mind with biometric authentication solutions. Check the comments for more details and follow us to learn more about safeguarding your institution and protecting your members. #FraudPrevention #CreditUnions #Security 🔒

If you like this content then follow us: https://lnkd.in/gmm46hRq Online fraud through the Aadhaar Enabled Payment System (AePS), a platform that allows merchants to accept payment from customers through Aadhaar authentication, accounted for 11 percent of online financial scams during 2023, a new analysis from India’s cybercrime watchdog has shown. https://lnkd.in/dPBSEGiJ

💳Online Payment Fraud Alert 💳 Did you know? Businesses are projected to lose a staggering $343 billion to online payment fraud between 2023 and 2027, according to AAG IT. This isn't just a number; it's a clear signal that no organization can afford to overlook their digital payment security. Our advanced fraud detection and prevention strategies are designed to protect your transactions and ensure your business doesn't become part of this statistic. 🌐 veragy.com #OnlineFraudPrevention #SecurePayments #VeragySolutions

4 Helpful Tips to Protect Yourself as a Consumer! 🛡️✨ Sign Up for Fraud Alerts 🚨: Many banks and credit card companies offer free fraud alerts. Stay informed about any suspicious activity on your accounts. Use Two-Factor Authentication 🔑: Add an extra layer of security to your online accounts by enabling two-factor authentication. It makes it harder for hackers to gain access. Be Cautious with Public Wi-Fi 🌐: Avoid accessing sensitive information, like bank accounts, over public Wi-Fi. Use a VPN for a secure connection if necessary. Keep Receipts and Records 🗂️: Maintain a file of receipts and transaction records. This is useful for returns, disputes, and tracking your spending habits. Stay vigilant and protect yourself! At Khosroabadi and Hill, we're here to support your consumer rights. -Attorney Advertisement- #ConsumerProtection #LegalAdvice #OnlineSafety #SanDiegoLawFirm #FraudPrevention #KhosroabadiandHillapc