Application fraud has spiked - particularly bogus new accounts - and organizations are scrambling to improve fraud detection mechanisms without negatively affecting the legitimate customer's experience. Robin Love of Early Warning shares insights on how to better predict new account risk.
Synthetic identity fraud is the fastest-growing financial crime in the country. By combining real and fabricated personal information, a synthetic identity is specifically designed to look and act like a valid identity - until it doesn’t, leaving financial losses and criminal activity in its wake.
Digital identities a – particularly the TLS certificates throughout your organization – are used by
machines to authenticate machine-to-machine communications. But they also protect machines
through consistent, trusted encryption.
When these machine identities fail, organizations experience outages. Even...
As the economy places a greater emphasis on operational continuity, speed, and agility, API security is crucial for digital firms. In 2022, API security violations will be the most common attack method for data breaches in enterprise web apps, predicts Gartner.
The concern of unjustified exposure of the valuable...
More than ever before, there’s a much larger reliance on conducting our business and personal lives digitally. Consumers and businesses embracing digital-only services, product delivery and work has resulted in increased fraud and identity theft.
As bad actors continue to expose weaknesses in new digital...
Digital technologies have revolutionized how operators and users interact with the U.S. payments system as new products emerge, back-end operations change and user experiences are enhanced. However, alongside these innovations come unforeseen payments security threats. As the dark web fills with stolen personal...
Fraudsters leverage networks to amplify attacks - isn't it time we do the same to strengthen our defenses? In our rapidly forming remote world with increased frequency of digital interactions, fraud fighting strategies need a boost. Carey O'Connor Kolaja will walk us through the rise of synthetic fraud, the changes it...
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...
Brett Johnson, referred to by the United States Secret Service as "The Original Internet Godfather" has been a central figure in the cybercrime world for almost 20 years. He founded and was the leader of Counterfeitlibrary.com and Shadowcrew.com. Working alongside the top cyber criminals of our time, he helped design,...
The financial industry continues to be a high-risk target for fraud, primarily fueled by the sale of stolen credentials, account numbers, pins, and personal and financial information.
While larger financial institutions have dedicated in-house teams and sophisticated technologies in place to detect incidents,...
The digital transformation is well underway, with new market entrants and established players deploying new digital services that enable digital-first consumers to open new accounts and access services. With the volume of personal information publicly available in social networks and in the cyber underground,...
By applying a risk-based approach to identity assurance, organizations can go beyond a simple yes/no decision or step-up authentication process and add intelligence that provides broader context about the user and the situation in which they are requesting access.
Download this whitepaper and learn:
Why...
Even though most organizations do not have a "blank slate," it doesn't mean they can't rethink their IAM strategy. Acknowledging identity as the new perimeter, enterprises can reimagine how they utilize IAM to reduce unnecessary risk and cost and better enable the business.
Download this whitepaper to learn how...
Fraud is constantly evolving, meaning your fraud prevention strategy needs the flexibility to change in order to keep pace and outmaneuver fraudsters.
Download this tip sheet to learn the tools you need to consistently outsmart the fraudsters regardless of their schemes and alternative methods.
Traditionally, fraud teams have taken a defensive approach to fraud prevention as each new type of threat appeared. Nowadays, fraud is evolving rapidly as criminals become more sophisticated. It's time to take a proactive stance!
Without a proactive fraud strategy, customers can get caught in the middle with either...
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