Business & Employment Scams

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

Business & Employment Scams

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

Business & Employment Scams

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

Business & Employment Scams

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

Business & Employment Scams

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

Business & Employment Scams

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

Business & Employment Scams

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,

Business & Employment Scams

Three Rules for Effective Payment Fraud Prevention

August 9, 2023 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Payment fraud is a persistent threat impacting organizations of all types.

Business & Employment Scams

Time Matters. Swift and Agile Responses to Payment Fraud Attacks

Join Sift Trust and Safety Architect Rebecca Alter and The Fraud Practice’s Justin McDonald on October 4, 2023 at 10 AM PST/1 PM EST as

Business & Employment Scams

Payment Fraud Losses Expected to Increase 410% in Emerging Markets Over the Next Five Years

Merchant eCommerce payment fraud losses on physical goods is forecasted to grow from $1 billion in 2023 to $5.1 billion in 2028 across emerging markets.