The insurance industry has a significant fraud problem. Whether targeting the insurance carrier, broker or policyholder, scams are a large financial burden for all stakeholders.
Insurance firms must take deliberate steps to implement a comprehensive customer authentication and fraud prevention strategy.
In this...
The Phishing Attack
Situation
There's no way around it. Sending emails with
attachments, downloading web files and using
shared folders are a part of how we conduct
business and that's not going to change.
To counter the growing phishing problem, enterprises need better, faster and more comprehensive ways to...
Cyberattacks continue to plague organizations worldwide. Many of the largest and most damaging attacks stem from malware-infected files that evade traditional security solutions.
Security teams need a more effective and comprehensive solution to the problem of undetected malware not only affecting SecOps teams but...
The National Cyber Security Center, the U.K.'s national computer emergency response team, investigated 658 serious cybersecurity incidents in a 12-month period and supported nearly 900 victim organizations - most of whom learned they had fallen victim after being alerted by the center.
With consumers increasingly turning online to buy electronics, retailers stand to make significant gains in terms of eCommerce revenue. Unfortunately, growing online sales also raise the stakes on eCommerce fraud prevention. This report sheds light on consumer electronics online fraud patterns in, offering retailers...
An unsecured database owned by an Ecuadorian consulting company left over 20 million records on the South American country's citizens exposed to the internet, according to a report from two independent security researchers. An official investigation is underway.
Customer accounts are an integral tool to help merchants foster customer loyalty. But when login credentials are compromised, they present a unique opportunity for fraudsters to commit CNP fraud and steal customer PII. In 2018 alone, Account Takeover attacks resulted in over $11 billion in losses.
The fallout from...
For at least half a decade, HSBC helped to wash hundreds of billions of dollars for drug mobs, including Mexico's Sinaloa drug cartel, as well as move money for terrorist organizations linked to Al Qaeda and Hezbollah and for Russian gangsters. Furthermore, HSBC helped countries like Iran, the Sudan and North Korea...
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