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5 Evolving Attack Methods in Credit Card Fraud

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"5 Evolving Attack Methods in Credit Card Fraud"

Social media scams, phishing, and telephone-oriented attack delivery are a few of the increasingly sophisticated attack methods by cybercriminals. Learn more about these evolving techniques and how to protect your members.

Cybercriminals continue to evolve and as a result, fraud reports and losses continue to climb. In 2023, fraud losses exceeded $36 billion and the Nilson Report forecasts $397.4 billion in credit card fraud losses over the next 10 years.

Read this whitepaper to learn: 

  • Evolving attack methods including social media scams and ChatGPT phishing
  • Losses and capital requirements impacting credit card program profitability
  • Strategies to protect your cardmembers and mitigate fraud 

Download to learn more and share with your team to ensure your credit union remains a trusted partner for its members.


Offered Free by: Elan Credit Card
See All Resources from: Elan Credit Card

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