The high-profile breaches of Fortune 100 companies are the ones that get the headlines, but small and midsized businesses should not breathe any sighs of relief. They are very much still targets, says Austin Murphy of CrowdStrike. He offers cybersecurity advice to SMBs.
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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 while simultaneously mitigating fraud risk that is on the rise thanks to some of the same digital channel benefits enjoyed...
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:...
Account opening continues to transition from physical to digital channels, which means financial institutions and other organizations must optimize the digital experience in order to compete. At the same time, fraud is on the rise because of the same benefits enjoyed by consumers: convenience, speed, and ease of...
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...
Insiders with access to paper records can pose a serious fraud threat, as recent guilty pleas in an Oklahoma healthcare case illustrate. Experts offer advice on addressing the insider threat.
Federal regulators are considering potential changes to HIPAA privacy rule and enforcement regulations, but aim to first engage the healthcare sector and public for input, says the nation's top HIPAA enforcer. So, what changes are being considered?
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:...
As banking institutions of all sizes maximize their digital channels, there is growing tension between the need to prevent fraud and the desire to maintain a frictionless customer experience. IBM Trusteer's Valerie Bradford discusses how to defuse this tension.
The dark web is often discussed vaguely or inaccurately, but is a key enabler of the fraud economy, as a streamlined source of trade in payment card and personal data. On the dark web, cyber criminals have developed a "supply chain" of fraud: professionalizing the process, operating enterprises at scale, and passing...
Authentication innovation is still in its infancy, and most companies are still combining more traditional passwords and PINs with cutting edge
biometrics or contextual decisioning methods. The combination brings new capabilities to multi-factor authentication, but doesn't necessarily produce the best possible...
The digital shift is increasing the need for more sophisticated privacy and data protection measures. Several major institutions have seen their information security compromised in recent years as cyberattacks and fraudulent activity show no sign of slowing down. With PSD2 regulations now in effect, companies are in...
Information leaks on the dark web have become a major concern for all industries. With fraud - primarily fueled by the sale of stolen credentials, personal information, and financial information - making up a large portion of the dark web economy, the financial industry continues to be a high-risk target.
While...
Chances are every channel accessed in your company by employees and customers has a different authentication process. Understanding why companies need to unify the multi-factor authentication (MFA) experience to improve security assurance and user experience is an essential aspect of empowering users to be more in...
