Latest fraud schemes targeting the payments ecosystem

Threat actors continued to exploit technical misconfigurations through various fraud schemes, according to a new report from Visa. These include the use of malvertising and search engine optimization (SEO) techniques to cultivate compelling and effective phishing and social engineering campaigns, the utilization of emerging advanced language model (ALM) technologies, and the increased targeting of authentication processes. While the global fraud rate trended lower than normal expected fraud levels during the report’s time period (January – … More →

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