Content by Suparna Goswami

Fraud Prevention Technologies: Where to Invest?

Suparna Goswami  •  December 24, 2021

Where the fraud market is headed in 2022, and which fraud prevention strategies will give enterprises the most bang for their buck? Three experts - Featurespace's PJ Rohall, Accenture's Sophia Carlton, and American Bankers Association's Ian Mitchell - detail what to expect next.

Combating Synthetic ID Fraud in 2022

Suparna Goswami  •  December 22, 2021

Synthetic ID fraud has grown in popularity, with U.S. companies reporting losses of $20 billion in 2021 compared to $6 billion in 2016. Cybersecurity experts discuss with ISMG why this type of fraud has gained traction, how fraudsters use it, mitigation steps, and what we can expect in 2022.

Cryptocurrency Compliance Cooperative: The Road Map for 2022

Suparna Goswami  •  December 15, 2021

The cryptocurrency industry has come together and formed a group called the Cryptocurrency Compliance Cooperative. Three experts discuss the group and how regulators must change their approach toward this industry.

Varsha Sewlal on Data Protection Framework Compliance

Suparna Goswami  •  December 8, 2021

Ensuring compliance with the data protection framework is one of the big challenges for enterprises in South Africa, says Varsha Sewlal, the executive officer for legal, policy, research and information technology analysis and the deputy information officer with the Information Regulator South Africa. She discusses...

India's PDP Bill: The Cybersecurity Implications

Suparna Goswami  •  December 8, 2021

India's Personal Data Protection Bill is "a useful framework that requires organizations to analyze the sensitivity of data that they collect and process and use this analysis to adopt a customized cybersecurity plan," says Keshav Dhakad, general counsel and group head of corporate, external and legal affairs for...

Banish Sequential Numbering: How to Combat 'BIN Attacks'

Suparna Goswami  •  December 1, 2021

In order to identify BIN attacks, it is important for payment card brands to leverage AI and automated systems for monitoring transaction data to look for unusual patterns, says Keri Crane, advisory technical product manager with Jack Henry & Associates. She also discusses mitigation tips.

Synthetic ID Fraud: What to Look Forward to in 2022

Suparna Goswami  •  November 24, 2021

Automation, a good criminal network and the ability to use accounts as an alias are some of the factors contributing to synthetic ID fraud, says a panel of three experts.

Data Analytics to Tackle Insider Fraud

Suparna Goswami  •  November 23, 2021

Though there has been a decrease in expense fraud, vendor collusion fraud has seen a significant increase this year, says Bethmara Kessler, faculty member at the Association of Certified Fraud Examiners, or ACFE.

How Behavioral Biometrics Can Tackle AML Fraud

Suparna Goswami  •  November 18, 2021

One of the effective ways to tackle AML fraud is to leverage technologies such as behavioral biometrics and device biometrics, says Charles Subrt, director of the fraud and AML practice at Aite-Novarica Group.

Payment Card Fraud Trends in South Africa

Suparna Goswami  •  November 10, 2021

In order to counter card-not-present fraud, banks in South Africa need user and entity behavior analytics - or UEBA - and artificial intelligence says Deon Louw, head of fraud, RBB at Nedbank in South Africa.

Keeping the US Dollar on Top as Cryptocurrency Rises

Suparna Goswami  •  October 29, 2021

While overregulating the cryptocurrency space is not advisable, it is important for the Biden administration to look into the areas in which cryptocurrencies pose the greatest risks, says Nichole Dennis, director and government relations specialist with Cybercrime Support Network.

Spotting Credit Card Fraud in the Airline Industry

Suparna Goswami  •  October 22, 2021

With many countries opening up for tourists, the airline industry is seeing a rise in fraudulent credit card transactions, says Johan Waldeck, senior forensic investigator at Comair Limited, a leading South African airline company.

Profiles in Leadership: Dr. Frances Undelikwo

Suparna Goswami  •  October 11, 2021

Dr. Frances Undelikwo, divisional head of IT and operational risk management at Fidelity Bank in Nigeria, says she found her passion by trying out different departments and fields under information security. She discusses her career path and current role.

Securing Digital Transformation for Legacy Systems

Suparna Goswami  •  October 1, 2021

How does one begin to secure the digital transformation journey in two legacy enterprises? Kush Sharma, principal for Sharma and Company and former CISO for the city of Toronto, shares his experience and offers advice on investing in and integrating technologies.

Importance of Medical Ethics in Cybersecurity

Suparna Goswami  •  September 20, 2021

Medical ethics can no longer be separated from cybersecurity in healthcare as we need to think of cyberattacks in the context of clinical outcomes, says Christopher Frenz, information security officer at Mount Sinai South Nassau, a medical care provider.