Articles

Articles

Mastercard’s Approach to Passive Biometric Authentication

October 31, 2019 -- Since the adoption of EMV chip technology has made card-present fraud much harder to get away with, criminals are increasingly turning to the cyber world to steal personal information, money, and other valuable material."So part of the core technology NuDetect brings to the table is being able to, in real time, figure out which signals are indicative of a legitimate consumer in any given channel interaction, and then distinguish bots from a real consumer at that

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The Consequence of Mobile Convenience

October 11, 2019 -- The stage is set ready for a record-setting mobile shopping holiday season with Black Friday, Cyber Monday and the run-up to Christmas. The global mobile-payment market is expected to reach $10.07 trillion by 2026, according to market-research firm Reports and Data. "There should not have to be a trade-off between security and mobile usage, and mobile transactions shouldn’t need to increase friction to catch bad guys. Higher accuracy and fewer false positives are possible with existing

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The breach wave has created a crisis of trust

September 03, 2019 -- Since 2013, attackers have exposed 14 billion records that are often used for account takeover or new-account fraud. Additionally, creative fraudsters can leverage legitimate account information to generate fake or synthetic accounts that blend in with legitimate users."Consumers have a role to play to fight fraudulent activity in their account. This involves good account hygiene (e.g., to use a different password for every website or application) and insurance against identity theft." For the complete article, go

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The Evolving Business E-Mail Scams

August 08, 2019 -- About 35,000 executives from some of the world’s biggest banks and mortgage companies never imagined themselves as being on a cyber hit list, until they were. Cybercriminals with hopes of tricking executives into money transfers embarked on a very professional business e-mail compromise (BEC) scam discovered by security researchers at Agari. If normal phishers are hoping to hook an ordinary fish with their scams, business e-mail compromise scammers are looking for whales with access to significant

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Bot fraudsters give human ones a run for their money

June 17, 2019 -- With artificial intelligence added into the mix, bots are now able to mimic humans with greater accuracy, and make it look like someone is actually interacting with a form on a web page, creating a greater fraud risk. The cybercrime economy is estimated to reap $1.5 trillion in profits a year, according to a Bromium/Ponemon study. Those profits are in part achieved by bots and botnets, the automated workers of the internet.Here's what Robert Capps had

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