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Criminals reverting to old-school tactics with new twists: VisaVisa’s the State of Scams: Fall 2024 Biannual Threats Report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime. More… |
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Criminals reverting to old-school tactics with new twists: VisaVisa’s the State of Scams: Fall 2024 Biannual Threats Report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime. More… |
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Trend Micro unveils capabilities to safeguard consumersTrend Micro, a global cybersecurity leader, has unveiled innovations in its enterprise platform and consumer cybersecurity products focused on protecting all environments from the rapidly growing threat of AI-based attacks and fraud. More… |
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Visa unveils new products for digital age at Cemea forumAt the annual Visa Payments Forum for Central and Eastern Europe, Middle East and Africa (Cemea), Visa, on May 29, unveiled a suite of new products and services that promises to revolutionise the card and address the future needs of consumers, m More… |
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44pc UAE retailers hit by cyberattacks in 2023, losing $3mBusinesses in the UAE on average encountered losses of approximately AED11 million ($3.08 million) as 44% of businesses experienced cyberattacks, or data breaches last year, marking a 39% increase. This is acco More… |
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AI needs to be used ‘to combat automation of spear phishing’With criminals exploiting generative AI to commit fraud, organisations should leverage AI in their defence, writes Jim Downey, Senior Product Marketing Manager, F5. Generative AI enables end-to-end automation o More… |
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‘Overconfident’ Bahrain consumers falling victim to fraud: studyConsumers in Bahrain are falling victim to fraud because of their overconfidence, Visa’s latest ‘Stay Secure’ study has revealed. The study, carried out in partnership with Bahrain Association of Banks (BAB), said desp More… |
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Benefit sponsors and participates in cybersecurity summitBenefit, Bahrain’s leading Fintech company, has expanded its educational outreach initiatives across all social channels in order to inform and educate consumers on how to recognise fraud while taking prompt action on their own. More… |
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90% respondents saw hike in online fraud over past 12 monthsAll types of fraud have increased by an average of approximately 37% over the past 12 months, while nine out of 10 of respondents said their firms have experienced an increase of online fraud in the same time period. More… |
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Cash App fraud: 10 common scams to watch out forFor today’s consumers, convenience is king. And at the heart of the digital experiences that make our lives easier sits the smartphone. Over the years, these devices have become an extension of ourselves, slowly replacing our cameras, ou More… |
