Europe is targeting financial and economic crime, including fraud and money laundering, via the new European Financial and Economic Crime Center, hosted by the EU's law enforcement intelligence agency Europol. Officials say the launch of such a center during the COVID-19 pandemic is no accident.
The lines are rapidly blurring between traditional fraud and rising cybersecurity threats. Financial services leaders are challenged to find ways to rapidly increase visibility across their environments while accelerating responses to threats effectively and efficiently.
Join Jason Pfeiffer, VP of Product Management...
Expectations of online businesses have never been higher. Customers expect frictionless and personalized experiences, while demanding evermore streamlined registration processes. And if they don't get them, they'll take their business elsewhere.
Resultantly, businesses are experiencing a profound tension. How do you...
The latest edition of the ISMG Security Report offers a discussion of the potential insider threats posed by the remote workforce during the COVID-19 crisis. Also featured: An update on payment fraud shifts and the long-term outlook for the cybersecurity market.
The availability of sophisticated data stealing and emulation/spoofing tools means that the baseline level of skill for attacks on banks, merchants, and any other organization holding valuable data continues to rise.
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What types of tools cybercriminals have available off the...
The latest edition of the ISMG Security Report discusses the ramifications of the U.K's decision to allow limited use of Huawei's equipment in 5G networks. Plus: Updates on Wawa's stolen card data offered for sale and nascent security threats from social networks and drones.
In today's digital world, fighting fraud requires a dynamic approach that connects multiple layers of security and leverages a coordinated set of AI-based solutions to continuously stay on top of the newest fraud schemes while preserving a seamless consumer experience.
View this webinar and you will learn:
How a...
Faster payments are the new reality in more than 40 countries, and this innovation is benefiting consumers and businesses alike. Criminals are also enjoying the speed and non-refutable nature of these transfers, and in many deployments faster payments quickly translates to faster fraud.
This does not have to be the...
Google's Android is the most popular mobile operating system in the world, powering over 2.5 billion devices.
In this exclusive session, Eugene Liderman, Director of Mobile Security Strategy, Google, outlines Android's multi-layered security strategy, which includes hardware and software protections, as well as...
The EU's second Payments Services Directive is alive and well. And although PSD2's Regulatory Technical Standards have technically been in place since September of this year, they won't actually be actively enforced or supervised for roughly one year. But where are financial institutions now re: compliance and...
The notorious Joker's Stash carder marketplace has recently listed for sale 460,000 records, including four "Turkey-Mix" batches that feature never-before-seen payment card data that traces to Turkey's 10 largest banks, says cybersecurity firm Group-IB.
Numerous regulations and standards have been introduced globally to help curtail online fraud. What makes EMV 3-D Secure (also sometimes referred to as 3-D Secure 2.0) stand out? The big differentiator with EMV 3DS in emerging regulations and standards is that it's tied to law - not just recommendations.
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Mobile technology allows customers complete control over their banking security via their smartphones, however recent fraud cases have seen criminals virtually hijacking mobile phones to intercept alerts and texts.
From there to here, from here to there, types of fraud
are everywhere.
Fraud is responsible for billions of dollars of loss every year and accounts for 85 percent of all security breaches - and it can all start with a phishing email from a friendly prince, otherwise known as a 419 fraud.
In this children's book,...
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