The recent escalating ransomware attacks have shown that no organization is safe and the effects of those attacks can be devastating. By many reports, ransomware has been already responsible for causing hundreds of millions of dollars in damages, with no end in sight.
Find out how you can help to combat these attacks...
As a security leader, you're faced with a tough choice. Even as you increase your budget for sophisticated security software, your exposure to cybercrime keeps going up! IT security seems to be a race between effective technology and clever attack methods. However, there's an often overlooked security layer that can...
Ransomware alone cost organizations an estimated $1 billion in 2016, up from $24 million in 2015 and there is no end in sight for 2017! Ransomware, business email compromise, and spearphishing are serious problems that can steal your data, intercept funds, and disable access to your organization's network.
This new...
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.
An unusual breach notification issued by health insurer Humana shows how some organizations are identifying anomalous behaviors of voice technology users to detect potential fraud.
For over a decade, a crucial part of fraud detection has been assigning an identity to every laptop, tablet, and mobile device that accesses a website or app. Such a fingerprint is a representation of hundreds of different device-specific values taken from an end user's device.
Today's device fingerprinting...
One of the leading mobile-based financial services targeted at millennials approached Simility to help fight fraud. Simility provided an end-to-end solution which included customized models for their specific needs.
Fraudsters were using the company's customer accounts to funnel money via stolen identities. But...
When it comes to fraud, enterprise data has a story to tell, and it's up to security and fraud leaders to know how to interpret that story.
Download this whitepaper to learn more about:
How to recognize fraud in your environment;
How to quickly spot anomalous behavior;
Best practices for using machine data and...
Security hygiene can be poor, and criminals know it. Fraudulent activity costs are in the billions worldwide across industries, and over 16 million consumers in the US were victims of identity theft or fraud in the past year. Learning to onboard new data at the speed of the business will ensure your fraud team can...
As account opening continues to transition from physical to digital channels, financial institutions and other organizations must optimize the digital experience of applicants in order to compete. At the same time, fraud is on the rise thanks to some of the same digital channel benefits enjoyed by consumers:...
Technology, regulations and customer expectations all have evolved. What does this mean for how organizations secure identities? Baber Amin of the Office of the CTO of Ping Identity offers strategic insight.
How can we future-proof against fraud? Keith Carlson, general manager of payments and fraud prevention at Amazon Web Services, discusses the people, skills and technologies necessary to prevent fraud - and prepare for the unexpected.
Armed with stolen personal data, cybercriminals can easily bypass conventional identity authentication methods. So how can organizations strengthen authentication without harming customer experience? Shaked Vax of IBM Security shares insights.
According to a recent report, The Identity Fraud Study, released by Javelin Strategy & Research, it showed in 2015, there were more than 1.5 million new account fraud victims that accounted for losses of $2.8 billion. This number increased by 40% in 2016, and there is no reason to believe that this trend is stopping...
Security hygiene can be poor, and criminals know it. Fraudulent activity costs are in the billions worldwide across industries, and over 16 million consumers in the US were victims of identity theft or fraud in the past year. Learning to onboard new data at the speed of the business will ensure your fraud team can...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
