- May 24, 2026
Fraudster Recruited Warehouse Worker to Facilitate Return Fraud
Exemplifying both the brazen and clever nature of return fraud schemes, a fraudster who identified themselves as “Ralph” found the contact information and reached out
Former MasterCard CEO Ajay Banga Elected President of the World Bank
Ajay Banga, who served as MasterCard CEO from 2010 to 2020, was elected as the 14th president of World Bank in early May, following nomination
$24 Billion in False Positives Last Holiday Season While More Consumers Admitted to Return Fraud
According to a recent study and estimates from Signifyd, the total cost of eCommerce fraud will reach nearly $207 billion this year, and more of
Ransomware Attack Against PharMerica Leads to 5.8 Million SSNs Available on the Dark Web for Free
A ransomware group claimed to have 4.7 TB of data stolen from pharmacy services provider PharMerica, including the full names, addresses, dates of birth, medical
Nearly Two-Thirds of US Cardholders Have Been Victims of Card Fraud
The share of US cardholders who have seen fraudulent charges on their credit or debit cards increased to 65 percent in 2022, up from 58
Members of Hacker Forum Suffer Data Breach with PII Posted on Another Hacker Forum
Nearly 480,000 members of the now defunct, dark web hacker forum RaidForums got a taste of their own medicine when their personal information was posted
CNP Fraud Losses Represent Nearly Three-Fourths of Total Card Payment Fraud Losses in the US
Card Not Present (CNP) payment fraud losses in the US are expected to increase to nearly $9.5 billion in 2023, according to eMarketer. This marks
White Paper: Payment Fraud Prevention
This free white paper from The Fraud Practice discusses the dual mandates of a successful payment fraud prevention strategy: responding to fraud attacks immediately with
Apparel Retailer Suffers Data Breach via Credential Stuffing Bot Attack
Fraudsters accessed the rewards platform of clothing retailer Hot Topic impacting an unknown number of customers and compromising personally identifiable information (PII). The unauthorized account
Merchant eCommerce Payment Fraud Losses Expected to Exceed $90 Billion Annually by 2028
A recent report from Juniper Research forecasts eCommerce merchant payment fraud losses to exceed $362 billion globally during the five year period ending in 2028,