Passwords are broken. Static data is no longer valuable. Don’t miss this webinar, featuring Forrester, on December 5th to learn how companies can transform online authentication and trust. 2017 is not over, and it has already become the most breached year in history. We have surpassed last year’s record of 1091 breaches. Since 2013, nine billion records have been exposed – this is more than the number of people on Earth. If this isn’t enough, Forrester estimates that account takeover
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We looked back at what happened in the backstage of fraud during the holiday season and found some eye-opening stats. Remember when we were all excited about the holidays, the friends and family gatherings, and the curling-up-under-the-blanket evenings? Now is time to look at the flip side of the coin: what did fraudsters do while we were opening presents or taking a well-deserved break, trying to snatch that 50% off Instapot or clearing out the driveway for sledding? They were …
Remember when the U.S. tax refund scam hit $21 billion? Since, IRS has developed anti-fraud strategies, but there is still room for fraud creativity. Tax refund fraud continues to cost the U.S. government millions of dollars. The most damaging one – and the one that set off the alarms in 2015 – is identity theft. How tax refund fraud works In this scheme, the bad actor creates a bogus tax return under a real person’s name and collects the refund. 
Credential stuffing is on the rise, and it’s becoming cheaper and more accessible to bad actors. Credential Stuffing is the mass-scale automated testing of breached username and password combinations across multiple websites. When successful matches are discovered, attackers use these logins to take over the account for fraud or to resell the confirmed credentials to others to commit fraud. This form of attack is now the single largest source of account takeover fraud on most major websites and mobile applications. 
The excitement of a brand-new year will only last until the 2018 cybersecurity threats start to kick in. 2017 has given us record-breaking breaches, some extremely sneaky malware, and a Wi-Fi protocol that we can’t trust. At NuData we are unwrapping the four topics that will make headlines next year. Here is the 2018 cyber threat landscape you have to be ready for: IoT – The internet of too many things By 2020 we will have 50 billion devices connected 