Retailers are under siege from increasingly sophisticated fraudsters using AI to create synthetic identities. This burgeoning threat in the retail sector involves criminals exploiting stolen consumer data to fabricate identities or "franken-customers." These fake accounts can wreak havoc, leading
The significant rise of retail fraud, particularly account takeover fraud, has been troubling online retailers in sectors such as fashion and luxury goods. Data from Cifas, the UK’s leading fraud prevention service, shows a staggering 142% increase in cases filed to the UK's National Fraud Database
The financial landscape is under constant threat from increasingly sophisticated fraud tactics. As technological advancements shape industries worldwide, the fraud detection technology sector is set to revolutionize financial security by 2032. This article delves into the transformative impact of
The booming online casino industry has seen tremendous growth over recent years, becoming a preferred form of entertainment for millions worldwide. However, this growth also brings significant challenges, primarily in the form of security threats and fraudulent activities. Online casinos, once a
The automotive industry is undergoing a significant digital transformation, particularly in its retail operations. As dealerships increasingly adopt online platforms to cater to consumer demands for digital services, cybersecurity has emerged as a paramount concern. Recent surveys, including one
Integrating cryptocurrency into everyday transactions has been a dream for many in the fintech space, and SpacePay, a London-based startup, is on a mission to make this dream a reality. With its innovative approach to simplifying crypto payments, SpacePay aims to revolutionize the retail payment
