Blog

Blog

A True Password-Less Future? Yes. Soon? Quite Unlikely

passwords or biometricsWe’ve got a lot of work ahead of us before we solve the issue of asserting a consumer’s true offline identity in online interactions.Neither the current consumer identity framework (Government issued physical ID), nor the Internet, were built for the challenge of identifying people digitally and virtually across the globe. There is promising work being done within the Sovrin Alliance, and within organizations such as Mastercard. Consumers and organizations need a broadly available solution to verify consumer identity before retiring

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Online Account Origination Fraud: When New Users Are Bad News

Synthetic identity userYour online company is getting lots of new online customers, but you don’t understand why revenue numbers don’t add up. OAO is probably the at the source of your problems. After a test with an eCommerce company, we found that a staggering 70% of their new accounts were fake. Incredulous at first, the company cross-checked our data with their own fraud team to finally agree with us. Only 30% of new accounts were legitimate. As the sad news sunk in,

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What’s The Vulnerability Magecart Takes Advantage of?

More than 17,000 domains have been successfully hit by Magecart attacks and attackers keep evolving the malware in an effort to steal credit card information on the web. Effected consumers must check their credit card statements for fraudulent transactions or apply for a new credit card right away. Once your credit card information is stolen, the card number is sold on the dark web for future fraudulent purchases. Magecart works by taking advantage of an infrastructure vulnerability caused by misconfiguration.

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Don’t Get Burned With Holiday Fraud

Man burned by holiday fraudThe beach and mojitos are calling, but so are the too-good-to-be-true online deals, waiting for you to take the bait. Learn how to get protection to avoid a fraud burn.The sun is shining, the destination views are incomparable, and there is nothing like a vacation to erase responsibilities. Just when you are relaxing, ordering that drink on your mobile phone, booking the rental car or the next destination, cybercriminals are posed to strike silently.In fact, according to a McAfee report,

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Christopher Bailey, from CTO to CEO, but always solving problems

Christopher Bailey, NuData CEOChristopher is a problem solver. Whether it is coding, building Lego as a kid, finding the right number to finish Sudokus at home,or now solving problems in the cybersecurity space as NuData’s CEO, Bailey is always looking for the next challenge to throw himself into. He co-founded NuData with Michel Giasson in 2007. The two have been an unbeatable duo, with Giasson as CEO, focusing on growing the business and its clients, and Bailey as CTO, delivering innovative features and

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