Security News

Winning the Battle Against New Account Fraud
2018-09-24 16:48

Michael Lynch of InAuth on Leveraging Device and User Data to Combat to Mitigate the ThreatWith the abundance of PII available on the dark web, there has been an explosion of synthetic identity...

Business Email Compromises Fuel Procurement Fraud
2018-09-21 20:03

Allan Stojanovic of the University of Toronto on Fraud-Fighting ChallengesBusiness email compromises have been at the center of a number of procurement fraud scams, says Allan Stojanovic, a...

Using Machine Data Analysis to Detect Fraud
2018-09-21 14:48

Jade Catalano of Splunk Discusses Early Detection MethodsConnecting the dots between disparate forms of machine data can prove to be valuable in discovering fraud patterns, says Jade Catalano of...

Why voice fraud rates continue to rise with no signs of slowing down
2018-09-21 04:45

Pindrop released its annual report detailing developments in fraud, the future of voice and the impact to customer service across various industries. In the report, Pindrop reveals the rate of...

Group-IB introduces Secure Bank, a solution for anti-fraud protection
2018-09-20 02:00

Secure Bank is a product catered to financial institutions that aims to prevent client-side fraud and attacks across sessions, platforms, devices, channels, and entities. It leverages Group-IB’s...

Police in Europe Tie Card Fraud to People-Smuggling Gang
2018-09-17 16:18

Two Syrians Accused of Buying Stolen Corporate Card Data to Mask ActivitiesCoordinated police raids in Germany and Sweden have resulted in the arrest of two Syrian nationals suspected of running a...

Barrage of Mobile Fraud Attacks Will Increase
2018-09-13 15:52

Mobile, as a financial fraud threat vector, is growing dramatically. Fifty-eight percent of digital transactions now originate from mobile devices, and one-third of attacks are via mobile. read more

Mobile fraud is increasing, attack rates rising 24% year-over-year
2018-09-13 06:00

ThreatMetrix released new cybercrime insights from the first half of 2018, revealing a sharp rise in fraud attack levels on mobile transactions. As consumer behavior increasingly embraces mobile...

Silicon Valley CEO admits $1.5m wire fraud: Bouxtie boss forged signatures to investors
2018-09-07 19:39

When I said I have $2m in the bank... Bouxtie had everything you can dream of in a Silicon Valley startup. A stupid name (it's pronounced "bow-tie"), a vastly over-confident CEO with a story,...

Serious Fraud Office trialling AI for data-heavy cases
2018-09-05 11:38

A new tool draws links between people under investigation: emails, who was cc'ed, and those quieter messages where nobody at all was cc'ed.