by Hunt Sanja | Dec 18, 2024 | Digital Wallet
The rapid growth of decentralized finance (DeFi) has opened the door to new forms of fraud: DeFi wallet scams. According to the CertiK Hack3d Q2+H1 Report, losses across the crypto space reached $688.1 million in Q2 2024, with phishing scams alone causing $433.7...
by Hunt Sanja | Dec 13, 2024 | Fraud
The popular use of payment cards for transactions has opened the door to new forms of fraud: credit card skimming. In fact, according to The Business Research Company, the global payment card skimming market has surged from $3.16 billion in 2023 to $3.56 billion in...
by Hunt Sanja | Dec 12, 2024 | Fraud
These days, almost everyone transfers money, whether it’s to pay bills, send gifts, or handle business. However, these transactions aren’t always secure. According to the Coalition, funds transfer fraud has risen by 15% annually, with the total amount claimed...
by Hunt Sanja | Dec 6, 2024 | Fraud
Thanks to the digitalization of finances in recent years, digital wallets have become one of the most popular tools for users to manage their money without assistance. In fact, Capital One Shopping reports that globally, consumers are 127% more inclined to choose...
by Hunt Sanja | Dec 3, 2024 | Scams
Social media scams are on the rise, with platforms like X (formerly Twitter) turning into ideal targets for scammers due to their large user base and real-time updates. According to the FTC, these scams have caused $2.7 billion in losses since 2021, with X being a key...
