Security News

Self-sovereign identity could transform fraud prevention, but…
2025-02-07 07:49

The way we manage digital identity is fundamentally broken. The root of the problem lies in traditional, centralized identity models, where a single organization holds and controls a user’s...

Robocallers posing as FCC fraud prevention team call FCC staff
2025-02-05 21:26

The FCC has proposed a $4,492,500 fine against VoIP service provider Telnyx for allegedly allowing customers to make robocalls posing as fictitious FCC "Fraud Prevention Team," by failing to...

Balancing security and user experience to improve fraud prevention strategies
2024-12-17 05:00

In this Help Net Security interview, Jennifer White, Senior Director for Banking and Payments Intelligence at J.D. Power, discusses how financial institutions can improve customer satisfaction...

Australia’s New Scam Prevention Laws: What You Need to Know
2024-10-21 13:42

Australia's Scam Prevention Framework aims to protect consumers by holding tech, banking, and telecom sectors accountable, with fines up to $50 million.

Threat Prevention & Detection in SaaS Environments - 101
2024-07-16 11:00

Threat actors are also hijacking non-human identities, including service accounts and OAuth authorizations, and riding them deep into SaaS applications. When threat actors get through the initial defenses, having a robust Identity Threat Detection and Response system in place as an integral part of Identity Security can prevent massive breaches.

Cloud security incidents make organizations turn to AI-powered prevention
2024-05-16 03:30

Cloud security incidents are alarmingly on the rise, with 61% of organizations reporting breaches within the last year, marking a significant increase from 24% the year before, according to Check...

Data loss prevention isn't rocket science, but NASA hasn't made it work in Microsoft 365
2023-12-21 04:31

In an audit [PDF] published Tuesday, the OIG found NASA has a "Comprehensive privacy program that includes processes for determining whether information systems collect, store, and transmit PII; publishing System of Records Notices; and providing general privacy training to its workforce." That's a welcome assessment, given NASA employs around 16,000 people and - as with all government agencies - collects PII about them and the contractors, partners, and members of the public it engages.

Fraud prevention forces scammers to up their game
2023-09-26 03:30

The risk of falling victim to fraud is a constant concern for individuals, businesses, and organizations alike. As technology evolves, so too do the methods employed by fraudsters, making fraud prevention an increasingly critical and complex endeavor.

Modernizing fraud prevention with machine learning
2023-09-15 05:30

Nearly 70% of businesses said that fraud losses have increased in recent years and most businesses reported that they plan to increase their fraud management budgets by at least 8% to as much as 19%. Despite their plans to increase their fraud prevention budgets, data shows that businesses may not be completely aligned with consumer expectations. Enable real-time fraud detection: Machine learning can help businesses detect and prevent fraud threats in real time, helping to identify both known and unknown threats to stay ahead of fraudsters.

The road ahead for ecommerce fraud prevention
2023-08-17 04:30

Ecommerce platforms are incorporating sophisticated fraud detection measures, but fraudsters, too, are refining their strategies. In this Help Net Security interview, Eduardo Mônaco, CEO at ClearSale, explains the complexities of ecommerce fraud, discussing the evolution of fraudster tactics, the effectiveness of social footprint analysis in confirming identity, the balance between fraud prevention and customer experience, and techniques to address more advanced fraud types.