Of the $5.6 billion obtained by the Department of Justice in civil settlements and judgements involving false claims and fraud against the U.S. government in 2021, more than $5 billion - or nearly 90% - involved healthcare sector entities. Why? Healthcare fraud, including false claims.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
Across the nation, government agencies are radically redefining digital interactions with the public. They’re modernizing systems and apps to improve service quality and speed. They’re developing a single, secure account for frustration-free access to everything. And soon, office visits will be completely...
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the ransomware-as-a-service model shifted in 2021, the rise of fraud in faster payments and how to prevent it, and one CISO's take on the state of the industry.
The latest edition of the ISMG Security Report features highlights from interviews in 2021 and examines President Joe Biden's executive order on cybersecurity, ransomware response advice and assessing hidden business risks.
Healthcare organizations cannot adequately protect the safety and privacy of their patients and staff unless they have efficient, accurate systems to manage third-party identity risk.
By managing third-party risk at the identity level, healthcare organizations can make better-informed access decisions. Adopting a...
The top cybercrime threats facing organizations in Europe and beyond include ransomware affiliate programs, more sophisticated mobile malware and cryptocurrency-hawking investment fraud, among other types of crime, according to Europol's latest Internet Organized Crime Threat Assessment.
As organizations pursue a new paradigm for protection against
advanced email threats, they should look for one that provides the
greatest efficiencies with their M365 architecture and existing EOP
and/or MDO investments. To do so, they should turn to a solution with
an API-based architecture that uses data science...
Risk can be a confusing topic, summarized in heatmaps with low, medium, and high as the most accurate indicators.
While valuable to GRC pros, it’s only a small piece of the puzzle. And, more importantly, it’s decidedly not speaking the same language as the rest of the organization.
Risk professionals can now...
The holidays are here – a favorite time for financial criminals, especially in today’s digital world. There’s an influx in digital payments: online, mobile, card, ACH, and Zelle – just to name a few – ripe for fraud. In addition, wire fraud will also be on the rise involving charity scams, sweetheart scams,...
The latest edition of the ISMG Security Report features an analysis of attempts made by European law enforcement to encourage young cybercriminals to channel their skills in more ethical ways. Also featured: Fraud detection and response; inspiring behavioral change.
More than two-thirds of survey respondents say they take a balanced approach - business, customers and compliance - investing in fraud prevention technology. So, why do they also report customer friction among their top challenges? BioCatch's Raj Dasgupta analyzes the results of the new Fraud Transformation Survey.
In looking ahead to fraud transformation in 2022, it is good to
review where the conversation about 2021 began: with statistics
about perceptions and reality.
More than just survey results, this report offers expert analysis on
how to balance the competing priorities of business, customer and
compliance needs –...
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the role of cyber insurers in supporting ransomware victims' incident response, and how to build a successful bug bounty program.
For fraudsters, there has been no respite. The fraud
economy took no pandemic hit. There was no
reduction in schemes among adversaries and they
experienced no job losses. Instead, shifts toward an increased dependency on digital channels have presented a myriad of new opportunities for illicit
financial gain....
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