Behavioral Analytics already has proven its effectiveness against today's sophisticated fraud schemes. But fraudsters continue to escalate and diversify their attacks in and across channels and payment types, while FIs are pressed to expand services and improve the customer experience. This unique confluence of...
In this session, you'll learn of some of the latest fraud trends and challenges specific to Florida banks. You'll hear insights from the Florida Banking Associations Fraud-Net system, as well as some real world examples from the front lines of the information security challenges at one Florida bank, including...
The increase in data breaches and external threats has reminded us of the importance of securing emails - and just how big a problem business email compromises can be. Organizations need to be confident that the millions of emails leaving their network each day are protected for anywhere and from any device, whether...
Account origination fraud remains one of the fastest growing threats today for organizations ranging from banks to government entities. According to statistics from the Javelin Strategy & Research firm, this type of fraud has risen from $2 billion total loss in 2014 to $3 billion in 2015, while the number of victims...
When an organization suffers a data breach, a number of challenges, impacts, and business decisions contribute to the total of all the associated costs. The scope extends beyond a fixed dollar-per-stolen-record calculation, as it invariably includes expenditures for new security measures, legal fees, third-party...
The 2015 ABA Deposit Account Fraud Survey is the eleventh biennial industry study conducted by the American Bankers Association on the topic of deposit account fraud. For over two decades, this ABA survey series has collected detailed DDA fraud information across traditional and emerging banking channels. With...
Enterprises are pouring billions of dollars into preventing threat actors from infiltrating the organization. Yet, the rising level of breaches shows that dedicated threat actors will penetrate the organization. Perhaps then the problem is not a technological one, but is rather one of strategy in dealing with...
Malware continues to be an extremely effective tool in the cybercrime arsenal. In this session, we'll discuss how and why - and we'll also examine the connection between fraud and malicious code. We'll investigate how malware is designed to enrich cybercrime gangs and how to prevent intrusions, including:
How...
At a time when fraud schemes are evolving and anti-fraud solutions are in high demand, it's also time for organizations to ensure their security controls are both effective and convenient. T. Kendall Hunt, CEO of VASCO Data Security, tells how in this video interview.
Ireland's Cyber Crime Conference in Dublin drew a capacity crowd for a full day of security briefings, networking, hotly contested capture-the-flag and secure-coding challenges, as well as a chance to sharpen one's lock-picking skills.
Despite near-constant warnings from law enforcement officials and the information security community, too many organizations still aren't taking security seriously, experts warned at the Irish Cyber Crime Conference in Dublin.
In recent years, sending a seemingly innocent email to trick the recipient into allowing unauthorized access to corporate and organizational networks has cost businesses millions of dollars. End users have become sensitive to highly publicized cyber-attacks, knowing that their personal data is at stake.
As...
In a security landscape where the frenetic pace of technology has changed paradigms in ways organizations are struggling to cope with, Blue Coat's Hugh Thompson advises adopting a 'Degrees of Freedom' approach.
Gartner's Claudio Neiva says there is only so much an intrusion detection and prevention system can do, so organizations need to take additional steps to safeguard critical data and systems.
Intel Security cybercrime expert Raj Samani says that after the April disruption of the Beebone botnet by law enforcement agencies, researchers have found more infected nodes than normal, largely in Iran.
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