Account Takeover Fraud , Artificial Intelligence & Machine Learning , Card Not Present Fraud

Mitigating Digital Payment Fraud Risk

Kaspersky's Dmitry Chernetsky on the Need for a Structured Approach
Mitigating Digital Payment Fraud Risk
Dmitry Chernetsky, global presales expert, Kaspersky-APAC

When implementing a cybersecurity risk framework, enterprises should use a structured approach to identity and evaluate and manage the risks posed by increased digital transactions during the pandemic, says Dmitry Chernetsky, global presales expert, Kaspersky-APAC.

"It is essential for cybersecurity practitioners to regularly assess and re-assess the risks and align the risk management strategy with the stakeholders' business goals," he says in an interview with Information Security Media Group.

It's also critical to re-design and redefine the product design, framework and architecture to fix shortcomings and deal with increasingly sophisticated fraud threats, Chernetsky says.

In this interview (see audio link below photo), Chernetsky offers insights on:

  • Challenges presented by increased social engineering, phishing and ID thefts in the digital payments industry;
  • The use of blockchain, artificial intelligence and machine learning to detect new fraud trends;
  • Ways to implement detection tools and technologies to identify new forms of fraud.

Chernetsky, global presales expert, Kaspersky-APAC, is responsible for enterprise-level cybersecurity projects across APAC. He has more than 10 years of information security experience. For the last three years, he was head of the project management office in Russia. He specializes in threat intelligence, advanced persistent threat protection and developing cybersecurity frameworks.

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