Technology

First-Party Fraud Surpasses Scams to Become the Leading Form of Global Attacks

Published

12 months ago

May 13, 2025

Periods of inflation and rising living costs likely contribute to an increase in opportunistic fraud against financial services, ecommerce and other sectorsAI-powered fraud expected to increase in 2025

LONDON, May 13, 2025 /PRNewswire/ — LexisNexis® Risk Solutions releases its annual Cybercrime Report, an analysis of over 104 billion global transactions in the LexisNexis® Digital Identity Network® platform during 2024. The report, The Calm Before the Storm?, shows a significant swing in the composition of global fraud attacks, with first-party fraud now the leading type globally, representing a third (36%) of all reported fraud in 2024, up from 15% the year before.

First-party fraud includes misrepresenting or giving false personal or account information for financial gain, such as when applying for a loan, claiming a credit or debit card purchase is fraudulent in order to get a refund (known as friendly fraud), or claiming ordered goods were not delivered. Buy Now, Pay Later (BNPL) providers and financial institutions are among the organisations reporting an uplift in first-party fraud, which is known to be exacerbated by periods of inflation and the rising cost of living. Increased institutional liability for scams, driven by regulation, is also likely having an impact.

Key vulnerabilities

Account takeover (ATO) fraud – fuelled by phishing and smishing activity – represents a further 27% of global reported fraud (down by ~2% year on year), while scams, including authorised push payment (APP) fraud, represent 11% of cases (down from 16% of cases in 2023). The report also found one in nine (11%) password reset attempts in 2024 was a fraud attack, rising to over one in four (27%) reset attempts initiated on a desktop computer.

“These findings represent a notable shift in global fraud patterns, with consumers now emerging as the single largest source of human-initiated fraud,” said Stephen Topliss, vice president of fraud and identity, LexisNexis Risk Solutions. “The change in composition of attacks presents a significant challenge for fraud prevention since detecting first party fraud requires a subtly different approach from detecting scams or account takeovers. Organisations can’t afford to be complacent, however – there were more than three billion brute-force automated account takeover attacks detected last year alone and scams remain a global problem. It is vital for organisations to have models tuned to detect these varied forms of fraud.”

Sector-specific and regional trends

After two years of substantial increases in overall global[1] attacks, the latest Cybercrime Report finds that rates began stabilising in 2024, with only a marginal (1%) increase in the human attack rate and a 15% decrease in global bot attacks – algorithms designed to break into customer accounts using stolen credentials. However, LexisNexis Risk Solutions believes this relatively calm global picture may obscure underlying signs of a coming storm powered by AI.

The attack rate on Communication, Mobile and Media (CMM) companies increased by 15% year on year and global Financial Services firms saw an 18% uplift in automated bot attacks.

Attack rates also vary at a regional level:

EMEA continues to see the lowest regional attack rate globally at 0.6% of transactions, according to the LexisNexis® Identity Abuse Index, which records daily attack rates.LATAM has also seen a sustained decrease in its attack rate (1.6%) since the end of 2023, now putting it lower than North America at 2.2%.In contrast, APAC’s attack rate grew significantly by 37% through 2024, now standing at 1.5% of all transactions in the region.

Topliss continued, “We are at a potential tipping point. While many organisations have improved their defences over the past few years, we also know that cybercriminals are embracing new innovative, AI-enhanced capabilities and we will likely see these extensively tested and executed over the coming months. Our analysis of attacks over a longer multi-year period shows that significant attacks often come in waves and this latest set of figures could indicate the imminent arrival of the next, AI-enabled wave of global attacks.”

Download a copy of The Calm Before the Storm? LexisNexis® Risk Solutions Cybercrime Report today.

Methodology: The LexisNexis Risk Solutions Cybercrime Report analyses over 104 billion transactions through its LexisNexis Digital Identity Network between January and December 2024. It identifies fraud attempts during near real-time analysis of consumer interactions across the online journey, from new account creations, logins and payments to non-core transactions such as password resets and transfers.

About LexisNexis® Risk Solutions

LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.

Media Contact:
Mike Normansell
Mike.normansell@lexisnexisrisk.com
07743899948

1 The attack rate is the volume of high-risk transactions detected, expressed as a percentage of the overall volume of transactions in the network.

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Technology

139th Canton Fair Phase 3 Advances Toward a Better Life with New and Strengthened Product Zones

Published

20 minutes ago

May 3, 2026

GUANGZHOU, China, May 3, 2026 /PRNewswire/ — The 139th China Import and Export Fair (Canton Fair) has rolled out nine newly established product zones. Phase 3 features an expanded and upgraded Intelligent Healthcare zone and the inaugural presentation of a Functional & Technical Fabrics zone.

The upgraded Intelligent Healthcare zone brings together 50 companies presenting a full spectrum of intelligent medical solutions, spanning AI-powered diagnostics, surgical robotics, and next‑generation eldercare technologies. Exhibits highlight how medical devices are becoming smaller, more precise, and increasingly non‑invasive. Capsule endoscopy systems demonstrate how gastrointestinal screening can be completed without discomfort, while AI‑enabled traditional Chinese medicine analyzers compress the inspection and inquiry process into minutes. Wearable glucose monitors make chronic disease management easier and more convenient.

Robotic technologies play a prominent role as well. Endoscopic and orthopedic surgical robots showcase enhanced precision through integrated human‑machine coordination, while bionic prosthetic hands use non‑invasive myoelectric sensing to independently control each finger. Intelligent rehabilitation systems, including lower‑limb exoskeletons and hand‑training devices, provide consistent support for patients recovering mobility. Companion‑style eldercare robots, equipped with monitoring and telemedicine functions, signal the rise of integrated home‑based health services.

The debuting Functional & Technical Fabrics zone highlights how the traditional textile industry is moving toward higher-end and smarter products. Exhibitors present materials that combine multi‑layered performance with intelligent responsiveness. Textiles featuring temperature‑regulating fibers, phase‑change materials, and light‑ or heat‑sensitive color‑shifting effects illustrate how fabrics are evolving into adaptive platforms capable of responding to environmental conditions.

Sustainability emerges as a defining theme. Bio‑based fibers, degradable films, recycled polyester, and organic cotton reflect a shift from isolated eco‑products toward full‑chain green manufacturing. High‑performance outdoor and protective applications further shape the narrative. Materials engineered for waterproof breathability, UV resistance, flame retardancy, and long‑term durability address rising demand across sportswear, professional protection, and medical environments. Smart textiles with embedded health‑monitoring modules demonstrate how apparel is beginning to function as a continuous wellness interface.

Both technology‑driven healthcare and advanced textiles are converging around a shared pursuit of a better life. As these advancements continue to evolve, they reflect a manufacturing landscape increasingly shaped by innovation, resilience, and a commitment to improving everyday living.

For pre-registration, please click: https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

Technology

CupidFeel Insights Show How Shared Interests Affect Initial Connection Outcomes

Published

1 hour ago

May 3, 2026

New behavioral insights from CupidFeel offer a carefully considered look at how shared interests influence whether an initial connection on a dating platform is sustained or abandoned in those first critical exchanges.

GIBRALTAR, May 3, 2026 /PRNewswire-PRWeb/ — The findings by CupidFeel are not dramatic, but they are telling. People who referenced a shared interest — whether a genre of music, a type of cuisine, a sport, a creative practice, or even a shared discomfort with small talk — within the first few exchanges of a new conversation were found to be measurably more likely to continue that conversation beyond the initial contact window. The effect was not uniform across all interest categories; certain types of shared interest appeared to carry more relational weight than others.

It was also observed by CupidFeel that the timing of when shared interests entered a conversation mattered. Connections where common ground was discovered organically — through the natural flow of exchange rather than prompted by a profile field or a direct question — showed stronger indicators of sustained interest. The discovery, in other words, carried more meaning when it felt like something found rather than something declared.

Among the most quietly striking findings in the CupidFeel data was the role of specificity. Broad shared categories — “we both like travel,” “we both enjoy cooking” — were associated with polite, often brief exchanges that rarely extended past pleasantries. But when specificity entered the picture — when one person mentioned a particular documentary that had stayed with them, or a city they had visited and could not stop thinking about — the conversational energy shifted. Something opened up.

In a CupidFeel review of trends in profile engagements, those whose profiles reflected specific, idiosyncratic interests — rather than broadly appealing ones — also showed higher rates of receiving first messages, a finding that runs gently counter to the instinct many people have to present themselves in the most universally appealing terms possible.

What seemed to matter most was not the quantity of overlap but whether the overlap that existed was felt — whether it produced a sense of being seen in some particular, non-generic way. A CupidFeel review of early conversation patterns suggests that a single deeply resonant shared interest may be more generative for early connection than a long list of surface-level commonalities that, taken together, feel more like a demographic profile than a person.

About CupidFeel

CupidFeel is an online dating platform built around the belief that meaningful connections begin with emotional honesty and the willingness to let a conversation go somewhere real. It came into being for people who are less interested in the mechanics of dating and more drawn to the possibility of something that feels grounded — exchanges that move at their own pace, guided by genuine curiosity rather than performance.

A CupidFeel review of its own design principles returns consistently to the same question: what does it take for a first message to feel like it might be worth the journey? The platform makes room for the kind of interaction that doesn’t always have a clear destination but feels, from the first exchange, like something real. CupidFeel is a place where the unexpected is not something to be managed, but something to be welcomed.

Media Contact

Timothy Albers, CupidFeel, 1 14845691657, smm@cupidfeel.com, https://cupidfeel.com/

View original content:https://www.prweb.com/releases/cupidfeel-insights-show-how-shared-interests-affect-initial-connection-outcomes-302759951.html

SOURCE CupidFeel

Technology

Las Vegas Review-Journal Launches VegasBusiness, a New Multiplatform Business Brand Serving Southern Nevada Leaders

Published

2 hours ago

May 3, 2026

LAS VEGAS, May 3, 2026 /PRNewswire/ –The Las Vegas Review Journal today announced the launch of VegasBusiness, a new multiplatform brand designed to deliver authoritative reporting, analysis, and insight to Southern Nevada’s business leaders and decisionmakers.

VegasBusiness debuts with a biweekly print section distributed in the Sunday Las Vegas Review Journal, a new digital hub at VegasBusiness.com, a weekday business email newsletter, and a bi monthly podcast. Together, the platforms create the most comprehensive local business news and intelligence offerings in the Las Vegas market.

Vegas Business, powered by the state’s largest and most experienced business reporting team, focuses on the people, companies, and forces shaping Southern Nevada’s economy, including gaming and hospitality, real estate development, technology, finance, logistics, and small business.

“Las Vegas is one of the fastest evolving business markets in the country, and its leaders need timely, trustworthy intelligence to compete and grow,” Keith Moyer, publisher and editor of the Las Vegas Review Journal, said. “VegasBusiness expands our business journalism across platforms and delivers deeper insight, greater frequency, and broader reach for Southern Nevada’s decision makers.”

Expanded Business Coverage Across Platforms

VegasBusiness features business coverage designed for how executives consume news today—through print, digital, email, audio, video, and social channels.

Editorial franchises include CSuite Insider, featuring executive interviews; Building Las Vegas, with in depth reporting on major projects and deals; Innovation, spotlighting people and ideas driving change; Price Points, examining data and consumer trends; Small Business, highlighting enterprising local companies; and a curated Calendar of business events and conferences.

“We created this section to provide Las Vegas business leaders with practical, locally grounded intelligence so t hey can make faster, more informed decisions on growth, talent, and regulation,” Erin Edgemon, business editor of the Review Journal, said. “VegasBusiness is designed to help business leaders understand what’s happening in the economy, why it matters, and how it impacts their organizations and communities.”

A Premium Environment for Advertisers

In addition to expanded editorial coverage, VegasBusiness provides a new advertising and sponsorship platform for brands seeking to reach business decision makers in Southern Nevada. The brand offers integrated opportunities across print, digital, newsletters, podcasts, video, social media, and events, supported by advanced audience targeting and measurement.

“VegasBusiness gives advertisers access to the largest concentration of local business decision- makers in the market,” Michael LaBonia, senior vice president of sales for the Las Vegas Review Journal, said. “It’s a high impact, data driven platform that connects brands with influence, intent, and measurable results.”

Availability

VegasBusiness Magazine: Biweekly, Sundays in the Las Vegas Review JournalDigital: 24/7 at VegasBusiness.com**Newscast:** Weekday segment mornings on 7@7 a.m.**Newsletter:** Featured in the weekday Business Brief

Additional information is available at VegasBusiness.com.

Since 1909, the Las Vegas Review-Journal has been Nevada’s comprehensive media leader. Over the years, it has transformed from an award-winning newspaper that delivers local and community news and spans the globe with far-reaching topics and coverage. The Review-Journal has forged into multimedia and digital platforms through its website, Reviewjournal.com, which includes a network of niche publications, breaking news, e-newsletters, customized content, custom printing, a production studio, and more to meet the specific needs of readers and advertisers alike.

Media Contact

Wanda English Blair, Vice President of Marketing
(702) 383-0223
wblair@reviewjournal.com

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SOURCE Las Vegas Review-Journal