News Roundup 5/22: Eddie’s stolen password database, the perfect Twizzler, and new malware

“Eddie’s” stolen password database discovered Fraudsters often rely on databases of stolen data to carry out their schemes, buying and selling emails and passwords over the dark web. Security researchers recently found one of these databases…and it’s huge. This particular database contains 560 million stolen passwords and emails. Some of the information was collected from site […]

New Forrester Report: Mitigating Threats Beyond Payment Fraud

We’re all competing in the new digital economy. Customers’ expectations are higher than ever. Businesses are under more pressure to deliver a fast, simple, and safe experience. And fraudsters are diversifying their tactics, looking for inventive new ways to cash out. How can businesses be prepared? Sift Science commissioned Forrester Consulting to find out more […]

10 Things You Need to Know about Mobile Fraud

More people are using their phones to buy, sell, and browse than ever before. The number of mobile devices in the world is increasing five times faster than the human population, which is good news for m-commerce companies – but also for fraudsters. Although mobile transactions account for less than a third of total purchases, […]

News roundup 5/15: Inside a click farm, Australian scam reports skyrocket, and more

Ransomware latest: Companies brace for more attacks “WannaCry” is an apt name for the devastating ransomware attack that hit hundreds of thousands of organizations last week, including hospitals. Holding files hostage and demanding $300 in Bitcoin, the cybercriminals behind the ransomware took advantage of a security exploit originally discovered by the U.S. National Security Agency, […]

Confessions of a Fraud Analyst

Being a fraud analyst certainly comes with its share of ups and downs. And stories. We asked some fraud analysts we know to share a funny, odd, or memorable things that happened in their day-to-day work. Got one to share? Send it our way! (We won’t use your name…)   “During manual review, we used to request that […]

News Roundup 4/24: Fake Facebook accounts, hotel data breaches, and fingerprint scanners

Facebook purges 30,000 fake accounts ahead of French election Wondering how many fake social media accounts you interacted with today? If you’re a Facebook user, that number is lower than it was yesterday. To prevent fake news from influencing the French presidential election, Facebook is cracking down on fake accounts across 14 countries. They’ve already […]

News Roundup 4/17: Healthcare data breaches, fake Google Maps listings, and tilting your phone

Healthcare data breaches on the rise Hackers aren’t just interested in financial information like credit card numbers or routing numbers anymore. They’re relying increasingly on other personal information – insurance information, social security numbers, and more – to carry out their dastardly deeds.  As such, healthcare service providers are often hit by phishing attacks and […]

Online Ticketing Fraud: Challenges & Opportunities

Buying and selling tickets online is a tricky business. Customers often worry about whether they’re paying for a real ticket or a fake one, whether that barcode is going to work on game day, and whether they’re overpaying for those Lakers tickets. Sellers have a lot to worry about, too: if they don’t balance quick […]