Security News
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...
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.
New research: "Leaving on a jet plane: the trade in fraudulently obtained airline tickets:" Abstract: Every day, hundreds of people fly on airline tickets that have been obtained fraudulently....
Shamoun Siddiqui, CISO at Neiman Marcus, Highlights Emerging Fraud SchemesThe rollout of EMV in the U.S. has transformed the card fraud landscape, with a major shift to online channels, says...
Expert Insights on Fraud Management for Payment NetworksPayments are getting faster, and so is payments fraud. A robust fraud management strategy focusing on strong authentication, customer...
Tech-support scams took off during the year, while whaling/business email compromise was the main threat, accounting for losses of more than $675 million.
Kedar Samant of Simility on Leveraging Machine Learning, Data AnalyticsMachine learning and data analytics are both critical to fraud prevention, says Kedar Samant, CTO of Simility.
IBM's Rob Rendell on How Financial Institutions Must Adopt a New Mindset in Fighting FraudRob Rendell spent more than a decade in financial services. Now he has joined IBM to help financial...
Ricardo Villadiego of Cyxtera on How Emerging Tech Can Change the Anti-Fraud LandscapeFor the past year, the buzz about artificial intelligence and machine learning has been overwhelming. But...
Studying how online users react to attacks in of itself is not going to solve the phishing epidemic. Researchers suggest looking at digital fraudsters' adversarial behavior.