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Fraud

Woman using smart phone showing consumer trust
Cyber SecurityInsights

Fraud Is Affecting US and Non-Western Markets Differently: What the US Can Do to Gain Consumer Trust

January 17, 2023
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.
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Business people working in office showing separation of duties to prevent fraud
Cyber SecurityInsights

Want to Stop Fraud? Start with Separation of Duties

December 20, 2022
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.
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Man holding credit card and using mobile phone to pay showing online payment fraud
Cyber SecurityNews

Juniper Research Warns Global Online Payment Fraud Losses Will Exceed $343 Billion in 5 Years

July 29, 2022
Researchers warn that financial institutions must innovate to prevent online payment fraud losses, which are expected to exceed $343 billion between 2023 and 2027.
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Children playing on tablet and mobile phone at night in the tent showing online safety and fraud
Cyber SecurityInsights

Bridging the Cyber Gap for Children: Steps To Protect Them From Bad Actors

April 22, 2022
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.
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Unhappy woman distressed with credit card fraud
Cyber SecurityInsights

Fraud Awareness and Tokenization: What You Can Do to Protect Your Data

November 18, 2021
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.
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Woamn with Iris recognition technology showing KYC and identity
Cyber SecurityInsights

How To Know and Trust Your Customer: Four Tips for Financial Enterprises

October 7, 2021
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.
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Criminal wearing leather gloves carrying out phone fraud
Cyber SecurityInsights

Fraud IQ for the New Normal

July 7, 2021
Contact center agents, security teams, and even consumers themselves must strengthen their defences and understand their liabilities. The higher our collective “Fraud IQ” grows, the happier and safer honest people will be.
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Illuminated building of bank at night night showing financial sector fight against fraud across digital channels
Cyber SecurityInsights

5 Priorities for Banks to Secure the Post-Pandemic Shift Towards Digital and Mobile Channels

February 23, 2021
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.
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Big Ben and Westminster Bridge in the evening showing fraud considered national security threat in UK
Cyber SecurityNews

Fraud Has Reached “Epidemic” Levels, Should Be Considered a National Security Threat by UK Government

February 8, 2021
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.
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AI future technology and business concept showing how machine learning can fight financial fraud
Cyber SecurityInsights

How Machine Learning Fights Financial Fraud

March 19, 2020
Companies are looking for new solutions to prevent, detect, and eliminate fraud. And machine learning seems to be the best answer to financial fraud. How does it work, what are the benefits, and who uses it?
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Latest

Hand on laptop keyboard showing data breach of Australia financial service provider

Data Breach of Financial Service Provider Latitude Jumps From 328,000 to 14 Million Records Stolen

Prancing horse on Ferrari logo showing data breach impacting customer data

Ferrari Disclosed a Data Breach Impacting Customer Data but Refused to Pay Ransom

Hacker using laptop showing penetration test and attack surface

The Anatomy of a Comprehensive Penetration Test

Smartphone with Twitter logo and Elon Musk on background showing source code leak

Partial Twitter Source Code Leak on GitHub Uploaded Shortly After First Round of Layoffs

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