Phishing remains the top attack vector, and an organization's people of course remain the top target. But how can these same people be leveraged as a key component in your anti-phishing defense? Kurt Wescoe of Wombat shares insight.
Banco de Chile has become the latest victim of a SWIFT-related malware incident. Attackers first corrupted thousands of PCs' master boot records as a distraction. Then they used fraudulent SWIFT messages to steal $10 million.
South Korean cryptocurrency exchange Coinrail says hackers stole 30 percent of all of the cryptocurrency tokens it was storing, but many have been successfully frozen or recalled. Security experts say cryptocurrency exchanges remain poorly secured, so they're popular targets for hackers.
Although all the major credit card brands have dropped the requirement for obtaining signatures to verify point-of-sale transactions made with EMV payment cards, they're not pushing strongly for using PINs instead, leaving that authentication decision to card issuers, says Linda Kirkpatrick of Mastercard.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
Organizations in various industries are under increased pressure to identify subtle patterns that indicate fraud before customers are targeted by threats including account takeover, identity theft, and application fraud.
Companies have turned to Machine Learning (ML) to stay ahead of the next generation of...
Companies offering cybersecurity products are using the terms "artificial intelligence" and "machine learning" in many different ways. But the real meanings of the terms are far more nuanced than marketing hyperbole would lead us to believe, says Grant Wernick of Insight Engines.
New York-based SeatGeek, a ticket search engine that enables customers worldwide to search for, find, and purchase tickets to countless events from multiple sources - all in one spot, was looking for a strategic and effective way to predict fraud trends while identifying legitimate users.
That is when they turned to...
Restaurant reservation service OpenTable aims to create an amazing dining experience for its millions of users.
Sift Science enabled OpenTable to scale a highly successful digital gift cards program without increasing risk.
Read the case study to learn how to:
Limit manual review;
Move from a manual...
A travel company that sells online undoubtedly encountered the flip side of enabling convenient and engaging features like last-minute bookings and streamlined checkout. Fraud and abuse threaten to run rampant.
If you mistakenly allow a bad actor to buy something, create a fake account, or compromise a good user's...
Traveloka is one of the fastest growing tech companies in Southeast Asia that provides travel booking services for domestic and international destinations. Traveloka focuses on helping customers book flights and hotels quickly, easily, and economically.
Traveloka wanted a smart fraud solution that could reduce their...
RSA's most recent Quarterly Fraud Report shows that "newsjacking" is increasingly empowering phishing attacks, says Angel Grant, RSA's director of identity fraud and risk intelligence. The report also shows a continuing surge in mobile app fraud.
Account take-over (ATO) happens on some of the most major social networks and to some of the most well-known celebrities, so if it can happen to them, it is certainly happening in the retail industry. When people use insecure passwords that are easy to crack, hackers are able to gain access to the victim's account and...
User-generated content is the lifeblood of online marketplaces and communities -- but content abuse is equally powerful. More than ever, fraudulent content is eroding the digital trust between business and users.
How can you protect your customers and your bottom line from fraudsters?
Download this whitepaper to...
Machine learning is revolutionizing fraud prevention. Online businesses everywhere are discovering how this innovative technology increases revenue, while minimizing risk.
But how can it work for you?
Download this whitepaper to learn more about:
Why machine learning excels at preventing all types of fraud and...