Security News > 2024 > August > Old methods, new technologies drive fraud losses

GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 2023 alone, representing a 14% increase over the previous year and the highest dollar amount ever reported. Experian’s research shows over half of consumers say they’re somewhat or very concerned about conducting activities online with identity theft (84%) and stolen … More → The post Old methods, new technologies drive fraud losses appeared first on Help Net Security.

News URL

https://www.helpnetsecurity.com/2024/08/28/consumers-online-security-concerns/