Latest Visa Biannual Threats Report highlights emerging scams targeting consumers, merchants and financial institutions.

Dubai, UAE—October 30, 2024–Visa, a global leader in digital payments, published the State of Scams: Fall 2024 Biannual Threats Report. The latest edition of the report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime.

“Visa invested $11 billion dollars in technology and infrastructure in the past five years, and our network is more secure than ever,” said Paul Fabara, Chief Risk and Client Services Officer at Visa. “As payments becomesafer, fraudsters are reverting to tried-and-true tactics that target the weakest link in the ecosystem: consumers. Visa is committed toremoving risks across a transaction, regardless of how you’re paying, but that doesn’t mean consumers should let their guard down.”