In the latest weekly update, Jeremy Grant of Venable joins three ISMG editors to discuss why the U.S. government is taking a back seat on digital identity issues, the risks of artificial intelligence, and takeaways from the U.S. Cyber Safety Review Board's recent report on cybercrime group Lapsus$.
A growing number of Asia-Pacific countries are greenlighting digital-only banks to meet customer needs for access to fast, mobile-friendly services, but persistent cybersecurity threats and hackers’ growing capabilities could hurt the success of this emerging market segment.
The crazy fluctuations in the stock market over the past 14 months can drive short-term thinking for publicly traded firms, said CEO Fran Rosch. A proposed $2.3 billion buy by Thoma Bravo would allow ForgeRock to think about the best long-term investments and opportunities in the identity market.
According to this survey conducted by Forrester it is seen that 56% of Organizations have experienced online fraud over the last 12 months.
Digital payments and digital commerce have penetrated emerging markets and the pandemic has only further accelerated the trend.
This survey talks about the intensity in which...
Payment fraud remains a persistent problem in digital channels, hampered by fraud teams working in silos with narrow objectives.
This whitepaper by Gartner talks about how security and risk management leaders must exhibit cross-functional leadership to create fraud detection strategies that align closely with...
Digital transactions and interactions have experienced unprecedented growth, driven by the evolving digital landscape and changing consumer behavior. The COVID-19 pandemic accelerated this transformation, compelling even traditionally offline businesses to establish a digital presence and offer mobile apps and online...
This Case Study talks about DNP is a comprehensive printing company as they enhance risk decisioning as part of its 3DS workflow.
A reliable risk assessment can be given for online payments, regardless of whether this is the first time the card has been used, or when a 3DS security password has not been registered....
Fraud leaders are under pressure to prevent fraud while also providing a frictionless customer experience. Email addresses are the logical front-end fraud prevention layer because they leave a trace of every online interaction. This trace can be used to assess the risk of every transaction, and it offers less friction...
The Asia Pacific region has experienced a significant surge in online fraud due to the COVID-19 pandemic. Phishing, vishing, and smishing attacks have become rampant, with phishing attempts rising by 75% and vishing attacks increasing by 554%. Notably, bot attacks have risen by 135%. It is crucial for businesses in...
Although digital currencies have revolutionized the face of payments, investments, and banking, the heightened risk landscape that they operate on, brings together several features that cybercriminals value most.
This case study is about a digital currency exchange that allows users to buy and sell a variety of...
This Case Study is about a Large Financial Institution on how they accurately identified and blocked money mule accounts, as well as detected wider mule networks, while prioritizing a frictionless experience for legitimate customers.
Download this Case-Study and learn:
How to accurately identify and block...
Securing these identities – both human and machine - requires greater collaboration and cooperation between IT & Security teams. In this webinar with industry experts, we will discuss various Identity Security strategies to navigate challenges and potential gaps to align to business goals.
Organizations with a security-by-design approach need to go beyond being reactive to a proactive, offensive strategy to strengthen their security posture, says Mrutyunjay Mahapatra, member board of directors and chairman of the audit committee at Reserve Bank Innovation Hub.
Today’s global fraud outlook sits at the intersection of market volatility, accelerated digital transformation and consumer vulnerability. Cybercrime-as-a-service plug and
play technology tools are making it easier than ever for even unsophisticated fraud rings to launch and scale costly attacks.
The...
OneSpan plans to purchase an Australian startup founded by a longtime Quest Software executive to securely store and vault documents based on blockchain technology. Melbourne, Victoria-based ProvenDB uses blockchain to deliver security that prevents data tampering and document alteration.
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