TransUnion Report Highlights Increasing Risk from Synthetic Identity Fraud

A new and unsettling threat has emerged on the financial horizon: synthetic identity fraud. TransUnion released its “Omnichannel Fraud in H1 2023” report today, which reveals that this modern method of deceit ...
Deep Dive into Synthetic Identity Fraud

Deep Dive into Synthetic Identity Fraud

The fraud landscape is evolving and, as the world becomes increasingly digital, so do the criminals. From petty schemes to high-class social engineering strategies, fraudsters cash out on billions each year. Creating ...
UniCredit leaks 3 million customer records in data breach

UniCredit leaks 3 million customer records in data breach

Italian banking giant UniCredit has suffered a “data incident” that exposed 3 million customer records, including full names, phone numbers and email addresses. UniCredit issued an urgent security notice yesterday announcing that ...
Synthetic identity fraud to drive $48 billion in annual losses by 2023 – Juniper Research

Synthetic identity fraud to drive $48 billion in annual losses by 2023 – Juniper Research

Online payment fraud losses will reach $48 billion annually by 2023, up from the $22 billion in losses projected for 2018, a new study from Juniper Research has found. Juniper’s new research ...