NordProtect survey says Americans are more ashamed of romance scams and men lose the most money

Romance scam hacker man

A new NordProtect survey reveals that 53 percent of Americans feel more ashamed of falling for a romance scam than other fraud. Men are nearly twice as likely as women to lose money, with average losses reaching $2,001 to $4,000. Many victims underreport incidents, allowing scammers to keep operating in silence.

Equifax rolls out AI-driven synthetic identity fraud detection as lenders feel the pressure

Equifax has launched Synthetic Identity Risk, a new AI-powered fraud detection product aimed at helping lenders spot fake identities before they turn into costly losses.