Despite preventive measures, credit card disputes at Visa continue to rise past pandemic levels with more than 90 million recorded in 2022, compared to 70 million in 2019. Credit card frauds pose a costly challenge for credit card companies and merchants, with chargebacks costing $2.40 to $3.36 for every dollar disputed.

LockBit ransomware group falls victim to hackers itself
A data leak has disclosed information about negotiations with victims, Bitcoin wallet addresses, affiliate accounts, and details of attacks.