Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.
Authentication innovation is still in its infancy, and most companies are still combining more traditional passwords and PINs with cutting edge
biometrics or contextual decisioning methods. The combination brings new capabilities to multi-factor authentication, but doesn't necessarily produce the best possible...
True "next-generation" multi-factor authentication (MFA) platforms should be well equipped to manage the customer experience while providing the right level of security assurance at the right time, anytime.
Download this e-book and learn ten criteria to look for in a robust MFA platform, including:
Decentralized,...
Whether it's insider or third-party vendor access, organizations are realizing they need to do more with their privileged accounts and systems. But traditional approaches often leave organizations with wide gaps in security. Sam Elliott of Bomgar explains what companies need to look for when it comes to access...
When it comes to fraud prevention, many organizations overlook the insider threat - both the malicious actor who intends to commit fraud as well as the accidental insider who makes a mistake or is taken advantage of by an external entity. The CERT Insider Threat Center at Carnegie Mellon University is one of the...
Accidentally careless employees are the biggest cause of incidents involving data loss, responsible for almost 25 percent of all breaches.
Given that employees are the first line of defense against socially engineered schemes, such as account takeover, new account fraud and other crimes, doesn't it make sense to...
When a privileged account gets hacked, it allows the attacker to impersonate a trusted employee or system and carry out malicious activity without being detected as an intruder. Once attackers compromise a privileged account, they can typically roam at will through an IT environment to steal information and wreak...
Whether it is insider or third-party privilege, locking down access has never been more important. The challenge is that the traditional responses to managing privileged access and identity access often leave companies exposed, because their focus is too narrow.
Download this eBook on access management and...
This eBook introduces IT professionals to next-generation multi-factor authentication (MFA), an approach to authentication that goes well beyond usernames and passwords to provide the right level of security assurance at the right time, anytime. Next-generation MFA also streamlines authentication while empowering...
A recently published 2017 survey of over 400 security professionals in the U.S., U.K. and Germany measured how well their organizations implemented security controls for SSH keys. The results show that most organizations are underprepared to protect against SSH-based attacks, with fewer than half following industry...
IoT devices are becoming the "cyberweapon delivery system of choice" by today's botnet-building attackers. And, why not? There are literally billions of them in the world, most of which are readily accessible (via Telnet) and easily hacked.
Download this report and learn how to keep your organization safe...
Money laundering: a crime as old as currency itself. It represents between two and five percent of global Gross Domestic Product (GDP)*. Cyber crime and money laundering are growing and evolving at a faster rate than many organizations can keep pace with, especially while staying within regulatory requirements. The...
Fraud is constantly evolving, meaning your fraud prevention strategy needs the flexibility to change in order to keep pace and outmaneuver fraudsters.
Download this tip sheet to learn the tools you need to consistently outsmart the fraudsters regardless of their schemes and alternative methods.
Traditionally, fraud teams have taken a defensive approach to fraud prevention as each new type of threat appeared. Nowadays, fraud is evolving rapidly as criminals become more sophisticated. It's time to take a proactive stance!
Without a proactive fraud strategy, customers can get caught in the middle with either...
Fraud and associated compliance issues are becoming an increasing challenge for financial services companies today. Fraud approaches are constantly changing and the cost of fraud prevention is increasing, making it more important to keep up.
What's needed is a flexible fraud prevention strategy that leverages your...
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