How Long Does a Fraud Investigation Take? Factors and Timelines
Fraud is a crime that affects both people and businesses, and it’s more common than you might think. According to Motley Fool Money, in just the third quarter of 2024, over 290,000 cases of identity theft and 117,000 instances of credit card fraud were reported,...
What Is a Skimmer? A Guide to Skimming Devices
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...
Funds Transfer Fraud in 2024: Tactics and Prevention Tips
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...
What Is Digital Wallet Fraud? 8 Common Examples to Avoid
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...