Cybercrime

LexisNexis® Risk Solutions has just released its 2021 True Cost of FraudTM Study Financial Services and Lending Report, U.S. and Canada Edition. The study included a survey of 502 risk and fraud management executives in financial services and lending companies. …

Identity fraud represents a larger share of fraud losses for ecommerce and retail markets in the United States and Canada in 2021 than in previous years. The increase is significant: fraud rose 15% from 2019 to 2021. This upward spiral …

Our recent Cybercrime Report illustrates the continued strong growth in digital commerce. Pandemic-driven necessity drove new-to-digital consumers online in an acute shift and at significant volumes with 24.6B digital transactions processed from July-December 2020. The move to digital shows impressive …

Uncertainty is not new to business or consumers. What has been radically different starting in early 2020 is the speed and breadth of the uncertainty. Similar to many other turbulent periods for the global economy, fraud networks continue to facilitate …

How do you envision cybercriminals in your mind’s eye? You may perceive this nefarious group as opportunists, envisioning the stereotype of a lone wolf hacker in a basement with a number of devices, ready to take advantage of unsuspecting victims. …