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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

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UniCredit discloses 2015 data breach, three million Italians affected

October 29, 2019 — UniCredit S.p.A., multinational financial business and Italy’s largest bank by assets, has disclosed a data breach incident involving a file containing roughly three million records. “Personal information, combined with other user data from other breaches and social media, builds a complete profile. In the hands of fraudsters and criminal organisations, these valuable identity sets are usually sold to other cyber-criminals and used for myriad criminal activities, both on the Internet and in the physical world.“ For

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Should you get your own bot?

October 17, 2019 — It’s not even Halloween and some companies are already advertising deals for holiday sales. Will a bot help you land those hot toys, electronics and sneakers? Here’s why some say it’s time for you to bot up — and why others say you should stay away. “Consumer use of bots is unlikely to net them the coveted set of sneakers they are looking for, In fact, it will likely end in disappointment, and at worst may

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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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DoorDash data breach hits 4.9 million customers

September 27, 2019 — San Francisco–based food delivery company DoorDash has confirmed a data breach, in which the information of their 4.9 million customers, delivery workers and merchants were stolen by hackers.The disclosure comes exactly a year after another instance in which dozens of people complained that their DoorDash accounts were improperly accessed and had fraudulent food deliveries charged to their account. “Data in the wrong hands – especially personally identifiable information – can have a huge impact on customers.

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