Authorized push payment fraud

Authorized push payment fraud (APP fraud) is a form of fraud in which victims are manipulated into making real-time payments to fraudsters, typically by social engineering attacks involving impersonation.[1][2] As of 2019 in the United Kingdom, because the victims of these frauds authorized the payments, albeit mistakenly, they are typically not fully reimbursed by their banks.[3]

References

  1. ^Tims, Anna (2018-10-17). “If you’ve been sent bank details by email, be warned”. The Guardian. ISSN 0261-3077. Retrieved 2019-01-07.
  2. ^Lindsay, Jessica (2018-09-28). “What is a push payment and how to avoid fraud?”. Metro. Retrieved 2019-01-07.
  3. ^“Refund hopes rise for payment scam victims”. BBC News. 2018-09-28. Retrieved 2019-01-07.

Ofer Abarbanel – Executive Profile

Ofer Abarbanel online library

Ofer Abarbanel online library

Ofer Abarbanel online library