More than ever before, companies are investing heavily in their organization's security. But as the threat landscape changes, how do you know that these investments in security are paying off - and how can you determine that you are investing the appropriate amount of security spending in the areas that matter most to...
Cryptocurrency exchanges are seeing fraudsters submit doctored photos in an attempt to reset two-step verification on accounts. The ruse appears to have some degree of success, underscoring the difficulties around verifying identity on the internet.
Improved integration, automation and orchestration are needed to better detect and respond to evolving cyberthreats, says John Maynard, vice president and global security specialist at Cisco Systems.
User behavioral analytics can help better detect indicators of potential threats, both external and internal, says Carl Leonard, principal security analyst at Forcepoint.
Security hygiene can be poor, and criminals know it. Fraudulent activity costs are in the billions worldwide across industries, and over 16 million consumers in the US were victims of identity theft or fraud in the past year. Learning to onboard new data at the speed of the business will ensure your fraud team can...
While organizations have taken countless measures to strengthen the security of their online resources, criminals have begun to eye a far more appealing and lucrative target: the contact center. It's what Gartner calls "an epicenter of vulnerability."
From hard-dollar losses and added overhead to combat the...
As legacy security information management (SIM) technology becomes outdated and less effective, improved customization and flexibility will dictate which providers will lead the pack. Vendors that can provide customization, integrations, and data security position themselves to successfully deliver flexibility,...
In Australia, it can take as few as 15 minutes to steal someone's phone number, a type of attack known as SIM hijacking. Such attacks are rising, but mobile operators have no plans to change the authentication required around number porting, which can be set in motion online with minimal personal information.
The solution providers in the fraud solution industry offer logic
designed to track users and prevent malicious activity by
capturing and analyzing behavioral characteristics across
the entire session, from login to check out and everything in
between. These solutions compare known customer behavior
in the case...
Companies offering cybersecurity products are using the terms "artificial intelligence" and "machine learning" in many different ways. But the real meanings of the terms are far more nuanced than marketing hyperbole would lead us to believe, says Grant Wernick of Insight Engines.
An unusual breach notification issued by health insurer Humana shows how some organizations are identifying anomalous behaviors of voice technology users to detect potential fraud.
For over a decade, a crucial part of fraud detection has been assigning an identity to every laptop, tablet, and mobile device that accesses a website or app. Such a fingerprint is a representation of hundreds of different device-specific values taken from an end user's device.
Today's device fingerprinting...
One of the leading mobile-based financial services targeted at millennials approached Simility to help fight fraud. Simility provided an end-to-end solution which included customized models for their specific needs.
Fraudsters were using the company's customer accounts to funnel money via stolen identities. But...
Security hygiene can be poor, and criminals know it. Fraudulent activity costs are in the billions worldwide across industries, and over 16 million consumers in the US were victims of identity theft or fraud in the past year. Learning to onboard new data at the speed of the business will ensure your fraud team can...
As account opening continues to transition from physical to digital channels, financial institutions and other organizations must optimize the digital experience of applicants in order to compete. At the same time, fraud is on the rise thanks to some of the same digital channel benefits enjoyed by consumers:...
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