Content by Suparna Goswami

Leveraging Customer Data to Fight Fraud

Suparna Goswami  •  July 1, 2021

If financial institutions can identify all the touchpoints they have with customers and correlate that into a customer data warehouse, they can better track information and potentially identify fraud trends, says Andy Gandhi of Kroll.

Best Practices for Fighting Authorized Push Payment Fraud

Suparna Goswami  •  June 23, 2021

How can financial institutions deal with the problem of authorized push payment fraud? Three experts - Karen Boyer of People’s United Bank, Alasdair MacFarlane of NatWest Bank and Dave Excell of Featurespace - offer their insights on best practices.

Using Automation to Update a SOC

Suparna Goswami  •  June 21, 2021

How can organizations update their SOCs to ensure they keep up with evolving cyberthreats? Three experts - Sean Duca of Palo Alto Networks, Rishi Rajpal of Concentrix and Anish Ravindranathan of Tata Digital - offer insights.

P2P Payments: How to Balance Security and Convenience

Suparna Goswami  •  June 16, 2021

Jim Bray of Identité, an authentication solutions firm, and Steve Ledford of The Clearing House, a payments platform that all federally insured U.S. depository institutions are eligible to use for payments, discuss the role that biometrics can play in preventing P2P payment fraud while maintaining consumer...

Using PAM in an OT Environment

Suparna Goswami  •  June 14, 2021

To enhance privileged access management for operational technology, organizations should use specialized remote access solutions for vendors that are allowed to access OT networks, says Felix Gaehtgens, an analyst at Gartner.

Verizon Breach Report: Ransomware, Phishing and Top Trends

Suparna Goswami  •  June 8, 2021

Ransomware attacks have evolved over the years as attackers have come out with new strategies for digital extortion, says Chris Novak, global director of the Threat Research Advisory Center at Verizon Business Group. He shares insight from the Verizon 2021 Data Breach Investigations Report.

Using Behavior Metrics to Detect Authorized Payment Fraud

Suparna Goswami  •  June 4, 2021

It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.

The Do's and Don'ts of XDR Implementation

Suparna Goswami  •  June 2, 2021

XDR - cross-layered detection and response - should be implemented exclusively in the cloud or on premises, says Jason Cavallaro, national IT manager at CJD Equipment, a distributor of construction equipment in Australia.

Leveraging Machine Learning to Fight Money Laundering

Suparna Goswami  •  May 31, 2021

Machine learning can play a big role in fighting against money laundering, says Rene Perez, financial crimes consultant at Jack Henry and Associates.

Avoiding 'Alert Fatigue'

Suparna Goswami  •  May 27, 2021

The key to reducing "alert fatigue" is to make sure alerts are repeatedly validated before they're distributed, says Chris Kubic, CISO at Fidelis Cybersecurity, who formerly served as CISO at the U.S. National Security Agency.

Battling P2P Payments Fraud: A Team Approach

Suparna Goswami  •  May 25, 2021

To effectively battle against P2P payment fraud, it's essential that financial institutions make sure their fraud teams and AML teams closely collaborate, says John Buzzard, a fraud-fighting specialist at NICE Actimize.

Utilizing SOC Automation to Its Full Capacity

Suparna Goswami  •  May 21, 2021

SOC automation capabilities need to be enhanced to go beyond performing routine tasks, says Abdullah Al-Attas, head of cybersecurity at PLUS Malaysia.

Making the Most of XDR

Suparna Goswami  •  May 21, 2021

Although many companies are deploying extended detection and response, or XDR, their efforts often are coming up short, says Richard Stiennon, chief research analyst at IT-Harvest.

Authentication Challenges in Faster Payments

Suparna Goswami  •  May 18, 2021

When it comes to faster payments, the only way to control fraud is to build in fraud and risk mitigation plans before a transaction is made, says Peter Tapling, board member, U.S. Faster Payments Council.

Profiles in Leadership: Manish Dave

Suparna Goswami  •  May 18, 2021

Manish Dave of LafargeHolcim has been part of the manufacturing industry all his professional life. He heads the IT security and internal controls for the APAC region and aims to have a false positive rate of zero.