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News Global fraud is on the rise, with the US leading in fraud attempts, Veriff finds Tuesday 22 December 2020 08:14 CET | News The 2020 Fraud Report by Veriff  has revealed the US experienced more fraud attempts than anywhere else in the world, with increased fraud attempts as a result of the COVID-19 pandemic in the fintech, mobility and crypto sectors. Veriff analysed millions of verification data points from its global customer base across 190 countries to determine common types of fraud by region and industry. As fraud rates increased this year, this data underscores that traditiona...

Advertisement Attacker opportunism was in further evidence when F5 Labs examined certificate transparency logs (a record of all publicly trusted digital certificates). The number of certificates using the terms “covid” and “corona” peaked at 14,940 in March, which was a massive 1102% increase on the month before. “The risk of being phished is higher than ever and fraudsters are increasingly using digital certificates to make their sites appear genuine,” said David Warburton, Senior Threat Evangelist at F5 Labs. “Attackers are also quick to jump onto emotive trends and COVID-19 ...

News Global new account fraud rates fell by 23 percent in 2020, in UK climbed 28 percent Wednesday 16 December 2020 07:08 CET | News A Jumio research has found that while global new account fraud rates fell by 23% in 2020, but fraud rates in the UK climbed 28%. Jumio’s 2020 Holiday Fraud Report also found that the catch rate for selfie fraud was almost five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud At the same time, selfie-based fraud rates were nearly five times higher than ID-based fraud. Thi...

4 months ago Jumio’s 2020 Holiday Fraud Report also found that the catch rate for selfie fraud was almost five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud LONDON–(BUSINESS WIRE)–New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-base...

(1) Jumio's 2020 Holiday Fraud Report also found that the catch rate for selfie fraud was almost five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly five times higher than ID-based fraud. This ...