Tag: Online fraud
Younger generations lead scepticism in online banking amid rising fraud concerns
Half of Brits now express heightened caution towards online banking and mobile apps compared to four years ago. This increase in wariness is revealed in new research by the personal finance comparison site finder.com, indicating a steady drop in positivity since 2020.
UK’s Trust & Safety titan Pasabi nets multi-million-dollar investment
Pasabi, the UK Trust & Safety platform, is primed to expand its global footprint, having successfully secured a multi-million-dollar investment.
Online payment fraud losses to exceed $343bn over next 5 years
Global online payment fraud losses are expected to exceed $343bn over the next five years, according to Juniper Research.
Interpol arrests over 1,000 people, seizes $27m in large-scale fraud operation
A four-month long operation conducted by Interpol between June and September this year has led to the arrest of 1,003 individuals and capturing of $27m in illegal cash.
Over three-quarters of retailers have seen fraud increase during the pandemic
A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.
Cybersecurity company NS8 closes $28m funding round led by Edison Partners
US-based e-commerce security and website performance company NS8 has closed a $28m funding round which was led by Edison Partners.
Online fraud management secures $5.5m Series A
Online fraud management platform CashShield has secured a $5.5m Series A strategic investment led by GGV Capital.
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