Hackers have a major milestone to celebrate this year as the phishing attack turns 30 years old. Phishing attacks can be traced back to the 90s, coinciding with the popularity of America Online (AOL). For those too young to remember, AOL was an early internet service provider that revolutionized the
Fraud and financial scams are on the rise. According to the FBI's Internet Crime Complaint Center's annual report, scammers stole a record $16.6 billion in 2024, a 33% increase from 2023. This problem affects everyone. The SAS Faces of Fraud Study revealed that 70% of consumers have fallen victim to
In a 2009 ACFE report on the 2008 financial crisis, about half (49%) of 500 fraud experts surveyed cited increased financial pressure as the foremost factor driving the year’s fraud surge. It is a testament to what fraud examiners have long understood: fraud never goes away but changes with the
