The number of banking Trojans targeting users of mobile devices doubled in 2018. Cybercriminals are now investing more time and money than ever in attacking the mobile channel. To combat this, banks and FIs need to empower their mobile app developers with effective, efficient tools to apply proactive, client-side...
Are you prepared to detect and combat account takeover fraud (ATO) in real time? Adversaries have a variety of weapons at their disposal, which makes effective protection a challenge. To make matters worse, legacy anti-fraud solutions are falling short of accurately evaluating the risk.
With the right...
With the rapid shift to mobile, learn how location behavioral biometrics is providing a competitive edge for banks, fintech and mcommerce companies in the fight against fraud. Using each user's unique location behavior pattern, Incognia behavioral biometrics creates a dynamic location fingerprint, unique to each...
Digital and mobile banking are under attack - and the threats are increasingly faster, more sophisticated, and automated. Fraud managers and analysts face a round-the-clock battle as they try to identify and stop fraud before customers are affected.
To help financial institutions manage the risks without shifting...
From credit cards and deposit accounts to a wide range of lending products, cybercriminals spare no effort to turn a profit by exploiting weaknesses in the digital account opening process.
Download this e-book today to:
Uncover the financial and business impacts of new account opening fraud
Get tips on how to...
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.
Users - One of the Weakest Links in Your Cybersecurity Strategy
They say 'it's all about who you know' - for cybersecurity, that's partially true. If a cyberattacker knows your users, there's a good chance they can get into your network. Why? Because they can take what they know - usually an email address or...
Designing Security as a User Experience
The ongoing battle between attackers and defenders have left valid users caught in the middle. Protecting user accounts with aggressive security policies leads to false positives and needlessly locks valid users out of their account, while lenient security policies lead to...
Emotions about the global pandemic are running high, and attackers are taking advantage. Researchers have observed criminals spreading malware by impersonating official sources, distributing malicious COVID-19 maps and trackers, and malvertising on coronavirus-related news stories.
As security professionals, we...
Data breaches expose a wealth of personal information that can enable cybercriminals to bypass security measures, take over accounts, and compromise enterprise networks. To provide a snapshot of the breach exposure affecting major enterprises, we examined SpyCloud's database and found:
412 million breach assets tied...
Account Takeover is now a ubiquitous term, and ATO prevention has become a high priority for cybersecurity leaders. But most of the effort is put toward thwarting high-volume, automated credential stuffing. Less understood are "targeted ATO attacks." Highly effective and difficult to detect, they cause huge damage to...
A key disconnect exists between awareness of financial services fraud schemes and mitigation, according to the latest "Faces of Fraud" survey sponsored by Appgate. Mike Lopez, vice president at the firm, describes some key findings.
Users - One of the Weakest Links in Your Cybersecurity Strategy
They say 'it's all about who you know' - for cybersecurity, that's partially true. If a cyberattacker knows your users, there's a good chance they can get into your network. Why? Because they can take what they know - usually an email address or...
Designing Security as a User Experience
The ongoing battle between attackers and defenders have left valid users caught in the middle. Protecting user accounts with aggressive security policies leads to false positives and needlessly locks valid users out of their account, while lenient security policies lead to...
Account Takeover is one of the biggest threats that banks are facing today. With 3.8 billion data records compromised worldwide in 2018, it is evident that despite implementation of cybersecurity measures, digital channels remain vulnerable. Adversaries have a variety of weapons at their disposal, which makes...
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