Retail’s Latest Fraud Risks, and How to Counteract Them
The retail industry faces increasing challenges as fraud continues to rise, posing significant risks for profitability and customer trust. In 2023, the U.S. retail sector alone experienced a staggering $60 billion loss due to payments fraud, which translates to retailers…
New Wave of Online Scams Targeting Young Crypto Users
As cryptocurrency continues to rise in popularity, particularly among younger generations, criminals are increasingly orchestrating sophisticated scams to exploit the vulnerabilities of novice users. Coinbase, a significant player in the crypto exchange market, has sounded the alarm on the increasing…
Taiwan’s New Regulations to Combat Telecom Fraud
In a proactive move to curb telecom fraud, Taiwan’s government is instituting new regulations aimed at safeguarding its telecommunications sector. Proposed by the Ministry of Digital Affairs, these regulations focus specifically on the management of four-digit telephone numbers that start…