Although the final weeks of 2021 will be remembered for the resurgence of the pandemic, driven by the new Omicron strain, the second half of the year marked the end of restrictions and the reopening of economies in many parts of the world.
What has become clearly apparent from analysis of the LexisNexis® Digital...
Every customer expects highly personalized onboarding interactions featuring tailored touchpoints, minimal friction and accelerated approvals. How can an elegant onboarding experience help add more accounts and reduce customer abandonment? This infographic from LexisNexis® Risk Solutions provides tips on how to:...
In the coming weeks, U.S. President Joe Biden will announce a new executive order to prevent and detect identity theft involving public benefits. Jeremy Grant, coordinator of the Better Identity Coalition, discusses the challenges ahead for the government in combating criminal and identity fraud.
In the latest weekly update, four editors at ISMG discuss how Russia's invasion of Ukraine complicates cybercrime ransomware payments, a former U.S. Treasury senior adviser's take on Biden's cryptocurrency executive order, and important points regarding the upcoming identity theft executive order.
Cybersecurity company NortonLifeLock's $8.6 billion plan to purchase rival Avast has hit a snag. On Thursday, the U.K.'s regulatory body expressed anti-competition concerns about the proposed deal. The Competition and Markets Authority has given the firms five days to provide a "clear-cut solution."
What should be in the upcoming executive order to control identity theft in pandemic relief programs? John Buzzard, lead fraud and security analyst, Javelin Strategy & Research; Frank McKenna, chief fraud strategist, PointPredictive; and Jake Emry, fraud prevention SME, NICE Actimize; share ideas.
Learn how advanced analytics and machine learning help financial organizations proactively detect and prevent fraudulent payments.
As new payment types proliferate globally, payment and identity fraud is also skyrocketing. In 2021, global card fraud losses hit a staggering $28.58 billion.
To survive and stay...
In the new "Proof of Concept," John Kindervag, Zero Trust creator and senior vice president of cybersecurity strategy at ON2IT, and Jeremy Grant, managing director of technology business strategy at Venable, join ISMG's Anna Delaney and Tom Field to discuss trending Zero Trust and identity issues.
In February, the Federal Reserve came out with a toolkit to detect synthetic ID fraud. Mike Timoney, vice president, secure payments at the Federal Reserve Bank of Boston, says enterprises want to know how to deal with this kind of fraud and were anxious to get the information.
Older consumers are considered a more vulnerable population. They are the best kind of customers, and cybercriminals know that. They are known for having better credit and more funds, tend to be more trusting, and lack familiarity with new digital technologies. Fortunately, there is a way to help financial...
The Sri Lankan government plans to implement the Unitary Digital Identity Framework, or UDIF, a national biometrics-based digital identity project. But cybersecurity experts familiar with India's Aadhaar program, whose framework Sri Lanka is set to use, have voiced concerns over data protection.
The modus operandi of fraudsters for synthetic ID fraud changed drastically between 2020 and 2021, says Al Pascual, senior vice president, data breach solutions at Sontiq, a TransUnion company. He discusses how the industry can collaborate better to reduce fraud.
The U.S. Internal Revenue Service says it will pull back plans to use facial recognition for authentication of new users of its online accounts. The move comes amid concerns from Congress members and privacy advocates about cybersecurity, software bias and third-party transparency issues around the IRS' proposal to...
With the rapid changing threat landscape, protecting your enterprise from breaches and account takeover fraud has never been a bigger challenge.
Retail and merchant fraud teams have the challenges of understanding customer identities and human behaviors regardless of how many devices, accounts, profiles, and...
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