The Federal Trade Commission (FTC) is working on protections against artificial intelligence (AI) based fraud.

Will deepfakes become the number one avenue for fraudsters to steal money? Likely not.

New Federal Trade Commission (FTC) data reveals that government impersonation scammers are targeting consumers for payments in cash.

Almost a third of Americans surveyed (31%) admitted to either not following best practices to avoid check fraud or being unsure whether they do so. 

The U.S. Department of the Treasury released a report regarding cybersecurity threats in the financial sector, specifically related to AI. 

According to a report, 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.

The Federal Trade Commission (FTC) released data revealing that consumers lost over $10 billion to fraud in 2023, at 14% increase from 2022.

Fraud calls around the globe were analyzed in a recent report. According to the report, there were 7.3 billion unwanted calls globally in Q3 2023.

According to a recent report from BioCatch, mobile banking rates increased to 73% in 2023. This rise has also led to a surge in mobile fraud.

According to a survey by Citi, 27% of U.S. adults have fallen victim to a financial scam despite 90% feeling confident that they could detect scams.