Fraudsters have one key aim: to make the most money with the least effort.
The types of fraud consistently evolve to pick off the easiest targets. As digital identity and transaction monitoring solutions have become more advanced, fraudsters have faced an increasingly robust barrier to brute force account takeover...
By all accounts, Buy Now, Pay Later stands to be one of the
biggest disruptors the credit landscape has seen
in years. With the market expected to surpass $179
billion by the end of 2022, the opportunities for
growth are enormous. This also means fraudsters are taking note as the industry is trending in the...
The adoption of digital platforms shows no signs of slowing down as consumers embrace the convenience of mobile channels in Asia-Pacific region. What has also become clearly apparent from analysis of the LexisNexis® Digital Identity Network®, is that fraud is on the rise as consumer confidence returns.
In...
Sandy Carielli, principal analyst at Forrester, shares research on the latest bot management trends. Forrester found that while bots affect security, e-commerce, marketing, fraud and other teams, security professionals are still the most common bot management users.
Canada's Desjardins Group has reached an out-of-court settlement to resolve a data breach class action lawsuit. The breach, which the credit union group first disclosed in 2019, traced to a "malicious" insider who for 26 months had been selling personal details for 4.2 million active customers.
in the Frost Radar™ US Healthcare Cybersecurity Market
More than 90% of all healthcare organizations reported at least one security breach over the last 3 years. Robust cybersecurity has become a top priority and an essential requirement for all C-level healthcare executives. The most crucial challenges related to...
Commercial banking fraud mitigation is experiencing a new level of interest from FIs as they try to combat escalating and highly sophisticated attack vectors from organized crime rings while also trying to stave off Fintechs encroaching into their territory.
By effectively leveraging the vast amount of data at...
Digital transformation and the rapid rise of fintech companies have rapidly changed the behaviour of merchants and consumers alike, resulting in a huge rise in digital payment methods and remote channels. But with greater convenience and speed comes risk. Retail and e-commerce businesses are seeing a rise in fraud,...
If you think the only way your network and devices can be compromised via email is phishing, think again!
A majority of data breaches are caused by attacks on the human layer, but email hacking is much more than phishing and launching malware. From code execution and clickjacking to password theft and rogue forms,...
This annual survey seeks to evaluate the current and projected impact of fraud on the finance and treasury environment. Practitioners from all industries are polled on their experiences with fraud and on the range of controls, safeguards and security practices employed to protect their financial assets and...
For criminals looking to cash in, opportunities to commit fraud and other financial crimes have never been so plentiful. Advances in payment technology, such as transaction options like Venmo, WorldPay and AliPay such as those from Apple and Qiwi, always open doors to new risks.
The recent rise of cryptocurrency is...
Solving this conundrum can be a challenge and some banks struggle to deploy technology environments enabling them to capitalize on data.
Fraud knows no boundaries, so organizations must also keep a constant watch on the threat landscape. But automation, and technology, alone cannot solve this problem: insights can...
The FBI is warning the U.S. higher education sector about compromised sensitive credentials and network access information advertised for sale across various public and dark web forums. The agency states that this access to credentials could potentially lead to a cyberattack.
Police in Nigeria this week arrested a 37-year-old man who's been charged with masterminding "a criminal syndicate tied to massive business email compromise and phishing campaigns," Interpol says. But with known BEC losses last year exceeding $2.4 billion, will the arrest have a noticeable impact?
With the rising number of digital identity fraud cases in Asia Pacific, understanding the types of fraud and exploring ways to prevent it while ensuring a smooth and seamless experience plays an important role in your business.
While there’re no foolproof ways in stopping fraud completely, early detection and...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.com, you agree to our use of cookies.
