Tradition is as tradition does. And traditionally, in many finance organizations, fraud protection has lived in the same mental bucket as insurance premiums and audit fees; something necessary, prudent and fundamentally defensive. But as B2B payments accelerate their shift to digital rails across ACH, virtual...
Vega Security raised $120 million in a Series B funding round to expand its cybersecurity solution. The company’s solution aims to disrupt the security information and event management (SIEM) market in which the SIEM model is centralized and all security telemetry is forced into a...
Watch more: Visa Protect With Visa’s Jeremiah Dewey The word “cybersecurity” can imply a defensive, even reactive discipline. But effective cybersecurity has never truly been either of those things, and as fraud scales faster, attack surfaces sprawl across ecosystems and consumer trust hardens into a...
Mastercard has launched a cybersecurity partnership with the United Arab Emirates (UAE). The collaboration will see Mastercard and the UAE Cyber Security Council (CSC) collaborate on best practices and develop “forward‑looking cybersecurity policies,” while also launching a report on the state of the UAE cybersecurity landscape, the payments...
Ahead of the Sunday (Feb. 8) Super Bowl, the venue in Santa Clara, California, was outfitted with technology to combat cyber threats, boost Wi-Fi capacity and power a “massive” 4K videoboard, Reuters reported Wednesday (Feb. 4). For cybersecurity, the NFL set up a cyber command...
A bill introduced Wednesday (Feb. 4) in the U.S. Senate would require online platforms to take “reasonable steps” to prevent fraudulent and deceptive ads. The bill would also strengthen the ability of the Federal Trade Commission (FTC) and the states to enforce violations of consumer...
Socure announced the launch of SocureGov RiskOS, a comprehensive new platform designed to assist government agencies in modernizing their digital identity infrastructure, according to a Tuesday (Feb. 3) press release. The announcement introduces a solution engineered to integrate Socure’s existing public sector offerings with a...
Equifax has launched a new machine-learning product designed to combat two forms of first-party fraud: loan stacking and credit washing. The new Credit Abuse Risk model uses behavioral insights and Fair Credit Reporting Act (FCRA) data to detect these activities during prequalification offers, account origination...
Watch more: Visa Protect Fraud rarely announces itself. For most organizations, it shows up after the fact as a loss, a chargeback or a rule that fired too late. To a data scientist, fraud looks different. It appears as a deviation. A subtle shift in...