The Financial Services Fraud and Consumer Trust Report provides an in-depth analysis of the trends transforming the Financial Services industry, and explores how businesses can stay relevant and profitable.
Included are key findings from 5.9 billion financial services transactions protected by iovation, 1,604...
Massive digital disruption has redefined the financial services industry. Over 5,000 FinTechs have appeared on the market, increasing competition. Regulations such as PSD2 and GDPR have elevated standards for security and privacy. Customers expect easy, omnichannel access and instant service. Banks have only seconds...
Customer experience is paramount in the credit card issuance industry. As part of the customer's overall brand experience, new standards have emerged for frictionless, instant access to sites and mobile apps. Yet this experience needs to be balanced against the realities of organized fraud, and new regulatory mandates...
The insurance industry has a significant fraud problem. Whether targeting the insurance carrier, broker or policyholder, scams are a large financial burden for all stakeholders.
In this white paper you'll learn:
The emerging fraud trends in the insurance industry
The fast migration of both consumers and...
iovation's 2020 iGaming industry report, Insights Into Online Gambling Fraud and Building Player Trust, provides an in-depth analysis of the trends that drove iGaming last year, supported by more than 480 million transactions aggregated from over 100 gambling operator and platform providers. It also includes expert...
Ransomware-wielding attackers are typically breaking into victims' networks using remote desktop protocol access, phishing emails or malware that's sometimes used in drive-by attacks against browsers, experts warn, advising organizations to make sure they have the right defenses in place.
A recently revamped version of the Valak strain of malware is targeting Microsoft Exchange servers in the U.S. and Germany, according to recent research from Cybereason. The malware has been redesigned to act as an information stealer that can extract corporate data.
The latest edition of the ISMG Security Report analyzes why cyberattacks against banks have surged in recent weeks. Plus: The increasingly ruthless tactics of ransomware gangs; cybersecurity strategies for small businesses.
Ransomware-wielding criminals are growing increasingly ruthless, based on the size of their extortion demands, their increasing propensity to leak data in an attempt to force victims to pay and their greater focus on taking down big targets. These tactics, unfortunately, appear to be working.
The FBI has arrested another alleged member of the FIN7 cybercrime gang, which has been stealing millions of payment cards and other financial data since at least September 2015. It's the fourth arrest of those tied to the group.
Hackers tried two methods of exploiting a zero-day vulnerability in Sophos' XG firewall, but Sophos says it made a temporary fix that mitigated the risks. Attackers originally attempted to plant a Trojan, but then switched to ransomware.
Some fraudsters waging phishing campaigns are using fake websites hosted on Google's Firebase Storage service in an attempt to harvest credentials, according to Trustwave, which notes the phishing emails contain links to the service to make them look more credible.
The number of darknet forum ads offering full access to corporate networks jumped almost 70% during the first quarter of 2020, compared to the previous quarter, posing a significant potential risk to corporations and their now remote workforces, according to security firm Positive Technologies.
A recent ransomware attack that targeted a law firm that serves celebrities may have been facilitated by a Pulse Secure VPN server that was not properly patched and mitigated against a well-known vulnerability, some security experts say.