Security News

Masterminds behind prolific CEO fraud ring arrested
2018-06-04 19:53

It took two years and a collaborative effort of French, Belgian, Romanian and Israeli law enforcement agencies to take down an organised crime group that was behind at least 24 cases of CEO fraud...

The Use of Machine Data in Finding Fraud
2018-06-04 18:33

Splunk's Jim Apger on How to Draw the Fraud Story Out of DataWhen it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that...

Fraud Protection Firm Signifyd Raises $100 Million
2018-05-31 11:21

Signifyd, a San Jose, CA-based company that specializes in fraud protection solutions for e-commerce businesses, on Wednesday announced that it raised $100 million in a Series D funding round. read more

Kidnapping Fraud
2018-05-29 14:31

Fake kidnapping fraud: "Most commonly we have unsolicited calls to potential victims in Australia, purporting to represent the people in authority in China and suggesting to intending victims here...

Unusual Breach Report by Humana Shines Light on Fraud Prevention
2018-05-29 10:33

Use of Analytics Apparently Helped to Prevent Fraud, Warn VictimsAn unusual breach notification issued by health insurer Humana shows how some organizations are identifying anomalous behaviors of...

Fraud data shows 680% spike in fraudulent mobile app transactions
2018-05-25 11:20

The number of fraudulent transactions originating from a mobile app during the first quarter has increased by 200 per cent since 2015, according to RSA Security. Analysis from the team also...

Nonstop Breaches Fuel Spike in Synthetic Identity Fraud
2018-05-18 13:47

Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to...

As Payments Speed Up, How Can Fraud Be Minimized?
2018-05-17 13:03

Knowing as many details as possible about the customer, the payment and the recipient is a critical component of stopping fraud as payments become faster, says anti-fraud specialist David Barnhardt.

Combating fraud and money laundering with graph analytics
2018-05-15 12:00

Dirty money and money laundering have been around since the existence of currency itself. On a global level, as much as $2 trillion is washed annually, estimates the United Nations. Today’s...

Sizing Up the Impact of Synthetic Identity Fraud
2018-05-14 09:48

Credit card losses due to synthetic identity fraud exceeded $800 million in the U.S. last year, says Julie Conroy of Aite Group, who analyzes the evolving threat and offers mitigation insights.