More people are losing money to fraud. The Federal Trade Commission says it got 2.6 million fraud reports in 2024. More than 1 in 3 people who reported *** scam also reported losing money, totaling ** ...

In brief: With so much of the world now online and more people considering themselves tech-savvy, one might imagine that scammers are struggling to con people out of money. The reality is that ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Allied Irish Bank is urging customers to remain vigilant ...

The U.S. Federal Trade Commission (FTC) said today that Americans lost a record $12.5 billion to fraud last year, a 25% increase over the previous year. Consumers reported that investment scams ...

NEW YORK--(BUSINESS WIRE)--Cyber fraud (which includes activity such as hacking, deepfakes, voice cloning and highly sophisticated phishing schemes) rose by 14% year over year, according to new data ...

January 17, 2025 - On Jan. 17, 2024, the U.S. Department of Justice (DOJ) Criminal Division's Fraud Section released its annual Year in Review for 2024 (2024 Report). Although larger than many U.S.

Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...