Some ecommerce sites may be unwittingly placing customer data at risk of exposure through forms that unintentionally collect PII without user consent. Here’s what retail security teams need to know about “leaky forms” and how to implement security policies that can protect customer data from this hazard.
In the US, the uptick in fraud has decreased consumer trust in brands and the digital services they use. 36% of US consumers have experienced a combined share of online fraud and personal online breaches, and only 33% of consumers saying they can trust the digital services they use.
Mapping toxic combinations and implementing separation of duties rules doesn’t have to be a painful process. Strong, regularly maintained SOD controls can help organizations identify and remediate those toxic combinations in an efficient and straightforward manner, limiting the potential damage of fraud and identity-based attacks.
Researchers warn that financial institutions must innovate to prevent online payment fraud losses, which are expected to exceed $343 billion between 2023 and 2027.
As children spend more time online and engage with devices at an earlier age, it becomes a collective responsibility of parents, teachers, schools, governments, and businesses to help create a safer internet for children.
Fraudsters are continuously looking for security loopholes to compromise data. Learn more about International Fraud Awareness week and what you can do to protect your business’s sensitive data using tokenization.
With the pandemic accelerating digital transformation, there has also been a surge in fraudulent activity as threat actors are exploiting newly remote operations. In today’s digital world, knowing your customer is more critical than ever before.
The financial sector, state and federal government agencies, as well as consumers are being targeted with various types of fraud, identity theft and data security breaches during the pandemic.
Report from UK security think tank RUSI finds that fraud has "reached epidemic levels" in the country and that the volume of attempts should be viewed as a national security threat.