Have you ever wondered how big the scam industry is? The rise in cryptocurrency fraud has become a major worry due to its misleading simplicity and deadly consequences. Recently, a new tactic called address poisoning became one of the most complex strategies used by...
Scam calls are becoming more frequent, and a notable part of this growing problem is due to scam debt collector calls. In these cases, callers specifically target people, tricking them into paying debts that don’t exist or aren’t theirs. They often use...
WhatsApp is one of the most used messaging platforms worldwide, but it is also one of the most attacked by scammers. In the first half of 2023, it was involved in just over 70% of the 6,573 scam cases reported on messaging platforms. Given WhatsApp’s role in...
Chargeback fraud is a critical concern for merchants worldwide, with businesses facing an average of $3.75 in costs for every $1 lost to chargebacks. This alarming statistic highlights the hidden costs associated with dispute management, which can include...
Check fraud is a growing threat within the financial industry and raises serious challenges for both people and businesses. Projected to reach a huge $24 million by 2024, the number and complexity of these frauds are increasing as fraudsters continually refine their...
There has been a significant movement in society toward digital currencies as a result of the easy incorporation of cryptocurrencies into the basics of our financial operations. This has created the way for innovative financial products, such as crypto credit cards,...