Leading the latest edition of the ISMG Security Report: Cybersecurity expert Brian Honan provides insights on why organizations that are not yet compliant with GDPR need to focus on several key steps. Also: An assessment of the progress women are making in building careers in information security.
Canadian citizen Karim Baratov has been sentenced to serve five years in U.S. federal prison after he admitted to hacking and identity theft charges connected to his working as "hacker for hire" for alleged Russian FSB officers, who have been tied to a massive 2014 breach of Yahoo.
Leading the latest edition of the ISMG Security Report: Years of massive data breaches have fueled an increase in synthetic identity fraud, in which fraudsters combine real and bogus details to create more effective fake identities. Plus, has "The Dark Overlord" hacking group finally met its match?
Technology, regulations and customer expectations all have evolved, but what does this mean for how organizations secure identities?
This evolution has proven to be a two-sided coin, particularly for financial institutions. It's not only allowing financial institutions to offer new, innovative products where...
Machine learning is revolutionizing fraud prevention. Online businesses everywhere are discovering how this innovative technology increases revenue, while minimizing risk.
But how can it work for you?
Download this whitepaper to learn more about:
Why machine learning excels at preventing all types of fraud and...
Account opening continues to transition from physical to digital channels, which means financial institutions and other organizations must optimize the digital experience in order to compete. At the same time, fraud is on the rise because of the same benefits enjoyed by consumers: convenience, speed, and ease of...
Armed with stolen personal data, cybercriminals can easily bypass conventional identity authentication methods. So how can organizations strengthen authentication without harming customer experience? Shaked Vax of IBM Security shares insights.
As banking institutions of all sizes maximize their digital channels, there is growing tension between the need to prevent fraud and the desire to maintain a frictionless customer experience. IBM Trusteer's Valerie Bradford discusses how to defuse this tension.
The dark web is often discussed vaguely or inaccurately, but is a key enabler of the fraud economy, as a streamlined source of trade in payment card and personal data. On the dark web, cyber criminals have developed a "supply chain" of fraud: professionalizing the process, operating enterprises at scale, and passing...
Authentication innovation is still in its infancy, and most companies are still combining more traditional passwords and PINs with cutting edge
biometrics or contextual decisioning methods. The combination brings new capabilities to multi-factor authentication, but doesn't necessarily produce the best possible...
The digital shift is increasing the need for more sophisticated privacy and data protection measures. Several major institutions have seen their information security compromised in recent years as cyberattacks and fraudulent activity show no sign of slowing down. With PSD2 regulations now in effect, companies are in...
True "next-generation" multi-factor authentication (MFA) platforms should be well equipped to manage the customer experience while providing the right level of security assurance at the right time, anytime.
Download this e-book and learn ten criteria to look for in a robust MFA platform, including:
Decentralized,...
Banks in India are alerting customers to take steps to guard against becoming a victim of Android malware that's targeting 232 applications, including banking and cryptocurrency apps, paving the way for potential thefts from their accounts.
Fraudsters recently ordered a total of nine iPhones and Samsung S8s from Sprint and Verizon with my personal details. With the internet awash in stolen personally identifiable information, are mobile operators doing enough to prevent fraudulent orders?
There has been a global rise in incidents of omnichannel financial fraud; such as a phishing attack being used to collect account information, then using that data to commit fraud via a bank's call center globally. Financial institutions need to enhance their ability to detect this sort of fraud - while also reducing...
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