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Fraudsters pick new targets, but threats to banks persist

Fraudsters pick new targets, but threats to banks persist
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Fraudsters Shift Focus at Mid-Point of 2021 from Financial Services to Travel and Leisure and Other Industries

TransUnion analyzes global digital fraud trends through June 30, 2021.

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Cyber-Fraud Shifts to Gaming, Travel and Leisure, Report Finds

As digital fraud attempts rise, cybercriminals are targeting the gaming and travel and leisure industries, a report finds. Here’s what consumers need to know.

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TransUnion: Financial Services Fraud Increases This Year

TransUnion: Financial Services Fraud Increases This Year
bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.

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Online Fraud Attempts Are Up 25% in the US—Here s Why

Part of the reason why we re still seeing an uptick is because, globally, we re opening up more, businesses are opening up more. You can dine now in person and people are more comfortable shopping in person, says Melissa Gaddis, senior director of customer success and part of the global fraud solutions team at TransUnion. Financial services companies like banks and investment companies are particularly attractive targets because there are big dollars there, Gaddis says. People have been doing more online transactions since the pandemic hit and cyber criminals know it, so they re attempting to cash in. Fraudsters who have been successful (or think they ve been successful) at gaining someone s personal information are taking it to the next level by trying to obtain credit cards or take over bank accounts, Gaddis says.

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