TransUnion Report Shows Significant Increase in Fraud Attempts
During the COVID-19 Pandemic The COVID-19 pandemic has brought about a variety of changes to our lives. Unfortunately, one of those changes is a significant increase in fraud attempts. According to a recent report from TransUnion, fraud attempts have increased by more than 50% since the start of the pandemic. The report found that fraud attempts have been particularly high in the areas of new account openings, loan applications, and identity theft. In addition, fraudsters have been targeting government relief programs such as unemployment benefits and stimulus payments. The increase