Browsing: Fraud

Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, announced the launch of the Cyber Fraud Intelligence Platform (CFIP), a groundbreaking technology designed to protect financial institutions, e-commerce entities, and digital platforms in the UAE from emerging cyber threats. As the UAE advances its digital transformation efforts, addressing the rising […] The post Group-IB Launches Advanced Cyber Fraud Intelligence Platform to Strengthen UAE’s Financial and Digital Ecosystems appeared first on Web-Release.

‘Friendly fraud’ is expected to increase by 25% between Thanksgiving and Cyber Monday, according to an analysis of billions of transactions of global eCommerce businesses by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ‘Friendly fraud’ or ‘return fraud’ occurs when legitimate customers dispute transactions post-purchase. Often mistaken for true fraud, these disputes are […] The post Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide appeared first on Web-Release.