Articles

Articles

Passive Biometrics Help Battle SIM Swap Fraud

Passive Biometrics Help Battle SIM Swap FraudAt a high level, SIM swap fraud involves bad actors using personal data that transfer victims’ cell numbers to their own SIM cards (a key component of mobile devices) in order to gain access to incoming calls, text messages and security prompts, which in turn can be used to gain access to communications that should have gone to the victim. Before delving into how to stop it, it’s worth stopping for some background as

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Study: Retail cyberattacks grow more sophisticated

Cyber AttackChain Store Age | April 1, 2021 – The percentage of hacking attempts in the retail industry that were considered “sophisticated” doubled from the first half of 2020 to the year’s second half. NuData's “H2 2020 Fraud Report” also examined digital traffic patterns in retail and e-commerce during the second half of 2020. The typical September-October lull in traffic from bad actors did not occur until November. “This longer period of holiday attacks is an important reminder that cybercriminals don’t

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NuData Security Named Cybersecurity Service Provider of the Year

MastercardTechcouver | March 31, 2021 – Vancouver’s NuData Security has been awarded the North American Cybersecurity Service Provider of the Year by the Cybersecurity Excellence Awards. The North American Cybersecurity Service Provider of the Year award demonstrates NuData’s continued dedication to innovation and helping create a more secure online space for end-users and businesses alike. NuData won awards in six other categories as well. For the complete article, see NuData Security Named Cybersecurity Service Provider of the Year.

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Sophisticated Attacks Shift Away From FIs in Second Half of 2020: NuData

Keyboard, Application FraudCredit Union Times | March 31, 2021 – However, application fraud is expected to cost financial institutions $4.1B by 2023, a new report says. Consumers have been shifting to online banking during the pandemic. As a result, online login traffic increased by 10% year over year in the financial industry in 2020, leading to an increase in application fraud. This type of fraud is expected to cost financial institutions $4.1 billion by 2023. For the complete article, see Sophisticated Attacks

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Protecting Remote Workers Against the Perils of Public WI-FI

Protecting Remote Workers Against the Perils of Public WI-FICoffee shops, airports, libraries: employees can connect to public Wi-Fi networks anywhere. The resumption of travel and the reopening of public spaces raises new concerns about how to keep remote work secure. In particular, many employees used to working in the relative safety of an office or private home may be unaware of the risks associated with public Wi-Fi.So, how do you keep your company’s data safe? Robert W Capps II writes

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