A majority of financial institutions have reported a rise in account opening fraud and payment scams, which is expected to continue and cause losses for banks, says Trace Fooshee, strategic adviser at Aite-Novarica Group. He discusses new technologies to put in place to mitigate scam attacks.
Al reducir exitosamente los ataques automatizados, Shape le aportó valor a toda la empresa:
El servicio gestionado de Shape le permitió al equipo de seguridad concentrarse en otras prioridades de la seguridad.
Fraude: ahora que Shape evita una gran cantidad de las apropiaciones de cuentas (ATO), el equipo de...
Ao mitigar com sucesso os ataques automatizados, o Shape agregou valor em toda a empresa:
O serviço gerenciado Shape permitiu que a equipe de segurança se concentrasse em outras prioridades.
Fraude: agora que Shape está impedindo a ocorrência da maioria dos ATOs, a equipe de fraude pode dedicar seus recursos...
Digital banking has become the single most effective channel for financial institutions to drive growth, increase revenue and attract new customers. Yet, it also introduces more risk, and cybercriminals are following the money right into the online account opening process.
Today, a staggering 85% of financial...
Account takeover fraud remains an ongoing problem for financial institutions, e-commerce merchants, and virtually any organization that offers products or services that can be monetized. These attacks, helped along by the global pandemic, grew substantially last year as the increased reliance on digital services...
The mobile channel saw great user adoption in 2020 – and it saw a corresponding increase in fraud incidents. Tim Dalgleish of BioCatch discusses mobile fraud trends and the role of behavioral biometrics in enhancing user authentication.
In this interview with ISMG, Dalgleish discusses:
Mobile adoption and fraud...
Recent high-profile security breaches have shown how cyber criminals are actively exploiting expanded network perimeters and weak authentication implementations to drive successful identity phishing attacks across financial services. The New York Department of Financial Services Report on the 2020 Twitter hack...
Bad bots are on every website with a login page. Even yours. Hackers and fraudsters use bots to validate sets of login credentials, gain access to credit card data, and sell personally identifiable information on the dark web. They also use stolen account data to transfer money, purchase goods, or spread a specific...
Leverage Gartner insights to fortify payment fraud prevention strategies
As businesses transform to meet shifting consumer behavior and emerging fraud patterns in digital channels, it’s never been more important to assess the comprehensive financial impact of fraud solutions.
According to Gartner, “In...
SpyCloud has fresh research into account takeover trends and finds that attacks have recently spiked by 300%. Chip Witt explains the trends behind the stats and offers insight into what enterprises often are overlooking in their ATO prevention strategies.
The mobile channel saw great user adoption in 2020 - and it saw a corresponding increase in fraud incidents. Tim Dalgleish of BioCatch discusses mobile fraud trends and the role of behavioral biometrics in enhancing user authentication.
Brand impersonation – it isn’t just a marketing or reputational issue. It’s an InfoSec problem, says Shashi Prakash, CTO and co-founder of Bolster. He describes the growing problem and why security is best positioned to lead detection and response.
In this interview with Information Security Media Group,...
Email is still the #1 attack vector the bad guys use. A whopping 91% of cyberattacks start with a phishing email, but email hacking is much more than phishing and launching malware!
Join us as we explore 10 ways hackers use social engineering to trick your users into revealing sensitive data or enabling malicious...
Digital banking has become the single most effective channel for financial institutions to drive growth, increase revenue and attract new customers. Yet, it also introduces more risk, and cybercriminals are following the money right into the online account opening process.
Today, a staggering 85% of financial...
Watch this video featuring Analyst Amy DeMartine, VP Research Director at Forrester, along with Ido Safruti, CTO at PerimeterX, as they share their perspectives on the critical capabilities needed in a bot management solution to combat ATO.
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