Reports show the U.S. loses between $233 billion and $521 billion annually to fraud, based on data from 2018-2022.

(Reuters) -The U.S. Federal Trade Commission will not take consumers' fraud complaints or help them block spam calls, and it will not grant early clearance to mergers during the government shutdown, ...

Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...

The amount of money that Americans have lost to fraud is terrifying. According to Javelin Strategy & Research, losses skyrocketed to $47 billion in 2024; in 2023, they had totaled $43 billion. The ...

According to the FTC's report, there was a spike in reported losses from fraud among people 60 years and older. The FTC reported a rise from $600 million in losses in 2020, to $2.4 billion in losses ...

AI is reshaping the identity fraud landscape, helping cybercriminals deploy more sophisticated fraud schemes than ever, despite a global stagnation in fraud attempts. The latest of Sumsub’s Identity ...

With overall global identity fraud rate stabilizing, high-quality attacks increased by 180% over 2024-2025 A newer risk is the emergence of AI fraud agents, autonomous, self-learning systems capable ...