fraud

Regulatory tightening across the EU and UK, including the EU’s new anti-money laundering package and platform-economy rules, as well as emerging age-assurance requirements around online safety, have pushed organizations to formalize identity checks at scale.

But identity verification provider Veriff has published its 2026 Identity Fraud Report, showing that 4.18 percent of all digital identity checks processed through its platform in 2025 were flagged as fraudulent – the equivalent of one in every 25 verification attempts across its global dataset.

A new identity fraud report from AU10TIX looks at how fraud is shifting from isolated attempts to adaptive, self-optimizing systems, and the need for early-warning intelligence to reshape the future of fraud prevention amid rapid advances in artificial intelligence and quantum computing.

“Fraud is no longer a static event; it’s a living signal moving through networks and devices,” says Yair Tal, CEO of AU10TIX. “At AU10TIX, we see the daily challenges our customers face as fraud evolves faster than ever. Our mission is to protect them, not just by responding to attacks, but by anticipating them. Our early-warning system helps ensure their businesses stay one step ahead, detecting risk before truth starts to drift.”

Scam phone calls are a fact of life these days, whether it’s home improvement grants or someone pretending to be your bank. UK mobile network O2 recently blocked 50 million dodgy calls monthly using its defense system.

But now they’re often being made using AI rather than real people in distant call centers. Naveed Janmohamed, CEO and founder of the AI research assistant Anara, says learning to spot artificial voices during phone calls might save thousands of people from sophisticated cons that have already stolen millions from unsuspecting consumers.

With Black Friday on the horizon and peak holiday shopping underway people are expecting deliveries. When shoppers are tracking multiple orders at once they are far more willing to trust a parcel that arrives unexpectedly and a new quishing scam is looking to exploit that.

If scammers have your name and address from previous data breaches, scraped social media posts or public directories, they cab easily make a fake parcel look authentic. Adding a QR code makes people think it’s related to tracking or returns so they’re likely to scan it without thinking.

Experts from NordVPN are warning about a rise in ‘invisible’ attacks that can steal payment details on legitimate eCommerce sites.

Known as e-skimming this involves malicious JavaScript code being injected into legitimate eCommerce sites to steal customers’ payment data during checkout. This is the online equivalent of physical skimming devices found on ATMs or gas pumps.

New research from online protection company Malwarebytes exposes how social media and online marketplaces have become hotbeds for holiday shopping scams.

It finds that 51 percent of people encounter scams on social media weekly while an unlucky 27 percent meet scams daily. For marketplace shoppers, 36 percent are hit with a scam weekly and 15 percent experience one daily.

Mastercard has introduced a new service designed to help financial institutions detect and prevent payment fraud before it happens. Mastercard Threat Intelligence will combine the company’s global fraud data with cyber threat intelligence from Recorded Future, resulting in a deeper level of visibility to how fraud originates and spreads across the payments ecosystem.

Fraud doesn’t always start when someone tries to buy something with a stolen card. In fact, it often begins much earlier -- when criminals hack a website to steal card details, run automated tests on stolen cards, or plant malware to skim payment data, for example. Mastercard’s new system helps banks’ fraud teams and cybersecurity teams spot these early warning signs together, instead of waiting until fraudulent transactions happen.

Scams and fraud are an ever present threat on the internet and the rise of AI means that they’re getting harder to spot with the old giveaways of bad grammar and dodgy attachments largely eliminated.

Google is announcing a range of new tools and initiatives to help people remain safe online. These include improved app features, new account recovery tools and better education and awareness programs.

A new study from fraud prevention specialist Fingerprint finds 41 percent of over 300 fraud and technology leaders surveyed say their organizations are already facing AI-powered attacks.

These sophisticated threats, which range from generative AI phishing schemes to automated bot attacks, are creating a significant operational crisis. According to the report, 93 percent of fraud teams have seen noticeable operational impacts, with 38 percent of organizations citing higher costs from manual review and triage as a top business concern.

Cybersecurity researchers at Malwarebytes say they have uncovered a phishing campaign in which scammers pose as Netflix recruiters to target jobseekers, particularly marketing professionals.

The goal is to trick victims into handing over their Facebook credentials, potentially compromising both personal and business accounts.

A new kind of savings account built to stop fraud before it starts is now available nationwide. Fort Knox Bank’s High-Security Savings Account, developed by Austin Capital Bank, removes passwords entirely and uses biometric identity verification with proprietary Closed-Loop technology to keep criminals out.

The launch comes at a time when U.S. consumers are facing unprecedented levels of financial crime. According to the Federal Trade Commission, losses from fraud hit $12.5 billion in 2024, a 25 percent leap from the year before.

AI-powered fraud is evolving faster than most organizations can detect it. That’s the message from Proof, the identity authorization company, in its new report, The Trust Ledger: Transaction & Identity Fraud Bulletin.

The research reveals how synthetic identities, stolen credentials, and generative AI are fueling a surge in digital impersonation and fraud across industries.

Tricking applications into altering their processes or surrendering information is a highly efficient way for attackers to carry out theft or fraud while minimizing the risk of detection.

We asked Mohammad Ismail, VP of EMEA at Cequence Security, to explain how this business logic abuse is carried out and why it’s becoming a growing problem.

As summer travel plans ramp up, so do concerns around identity theft, fraud, and safety – especially as travelers engage with everything from airlines to Airbnbs, ride shares to public Wi-Fi.

We spoke to Bala Kumar, chief technology and product officer at Jumio, to discuss the AI-powered scams threatening enterprises' customers this summer, and how businesses can ensure safe, secure, and efficient identity verification.

International bad actors -- like fraudsters from Russia and China -- are driving one in eight fraud attempts in the US, seeking everything from access to government services to loans, according to a new report.

During the pandemic, government agencies were flooded with fraudulent applications that went undetected by outdated methods. This study from Socure shows AI-powered technologies are enabling fraudsters to supercharge their efforts, hitting government agencies and commercial entities at once, with relentless speed, and at scale.