Tag: payment fraud
3 articles

Carders Seek 'Clean' Residential Proxies to Evade Fraud Controls
Criminals are on the hunt for so-called "clean" residential proxies, a new classification that's emerged in the underground world of payment fraud and carding. These proxies are prized for their spotless usage history, making them harder to detect and allowing scammers to evade fraud controls.

Card Data Theft Exposes Persistent US Consumer Vulnerability
Nearly half of US consumers are on high alert for card data theft, naming it their top fraud worry. A recent Capco survey found 46% of respondents citing card and card data theft as their biggest concern, beating out identity theft and other financial security threats.

Cybercriminals Exploit AI Hype in Social Engineering Attacks
Cybercriminals are cleverly exploiting our curiosity about AI to launch sophisticated social engineering attacks, using trusted AI names and urgent lures to trick victims into divulging sensitive info or downloading malware. By tapping into our desire to stay ahead of the curve, attackers are able to bypass our usual caution and catch us off guard.