Security News
RSA Security this week announced that its fraud and risk intelligence unit has become a new standalone company named Outseer. The spinout company will be led by CEO Reed Taussig, who previously served as CEO of Apptimize and ThreatMetrix.
RSA Security announced the transition of its Fraud & Risk Intelligence business into a new standalone company serving a worldwide customer and partner community. The new organization, Outseer, is led by CEO Reed Taussig who joined the RSA Fraud & Risk Intelligence business in late 2020 and is a veteran of the fraud prevention and digital identity industry.
A new analysis from the Washington Post reveals just how widespread fraud is across the Apple App Store, while also offering glimpse into the revenue flowing into Cupertino generated by those malicious activities. The Apple App Store has been under heightened scrutiny for maintaining its iron grip on the apps available to iOS users.
The US Supreme Court on Thursday limited the scope of the 1986 Computer Fraud and Abuse Act in a ruling that found a former sergeant did not violate the law by misusing his access to a police database. The CFAA prohibits accessing a protected computer "Without authorization" and accessing a protected computer in a way that "Exceeds authorized access." The problem with these ill-defined terms is that there's been disagreement in different courts over whether the law imposes criminal liability for violating Terms of Service agreements.
ID R&D's pioneering facial and voice biometric capabilities provide increased protection against today's most sophisticated identity theft and increasingly dangerous fraud techniques, such as deepfakes and synthetic voice augmentation. To defend against the rise and growing sophistication of these fraud attacks, the identity verification market is expected to reach $15.8 billion in the US by 2025, according to a report by Markets and Markets.
Mobile ad fraud has always been a challenge for network operators in all parts of the globe, but the pandemic has made users more vulnerable than ever before due to the sheer amount of time they now spend with their devices. Perhaps that's why, according to a new report published by Upstream, they seem to be the epicenter of a new mobile malware pandemic.
A data poisoning attack aims to modify a model's training set by inserting incorrectly labelled data with the goal of tricking it into making incorrect predictions. We decided to study data poisoning attacks against example scenarios similar to those that might be used in a fraud detection system on an e-commerce website.
BehavioSec announced new features added in its upcoming release of the BehavioSec behavioral biometrics platform - BehavioSense. "These features add to our platform's existing anti-fraud capabilities and are designed to solve the COVID-19 era challenge of accelerated digital transformation, online security, and privacy regulation compliance."
The company surveyed 2,000 consumers across the United States and United Kingdom about their experiences and attitudes toward payment fraud and how they felt about the threat of fraud in the aftermath of COVID-19. The results show that worry about fraud has risen to extreme levels and consumers feel their increasingly digital lives are putting them more at risk.
As the world begins to open up and we crawl toward a brighter future, people are going to be looking for things to do and places to go - so we also expect to see social-engineering attacks start using things like travel and vacation deals to hook people. With many companies continuing to allow at least some of their employees to work remotely with no stipulated end date, security leaders have to stay abreast of the latest threats regarding edge access and browsers.