Pandemic-related chaos is an ideal environment for cybercrime, as merchants and financial institutions (FIs) have been discovering since the COVID-19 outbreak went global. With workflows...
The financial industry is particularly vulnerable to digital fraud. Untold trillions of dollars cycle between financial institutions (FIs) and customers around the world every day,...
Automated bots can wreak havoc on banks, but building an airtight defense can impede a good user experience. The challenge is separating the good bots,...
Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67% since 2014 and 11% since 2018. Casualties of these breaches...
This week in payments can be summed up, of course, in one word: Coronavirus, of course. The headlines fly fast and furious, and new cases...
Of all the dirty rotten scandalous schemes fraudsters get up to, one of the worst is the old “lonely hearts” scam, dressed up in smartphone...
Cloud services like AWS, Dropbox and Google Cloud store terabytes of users’ personal information and payment data, making them prime targets for fraudsters looking...
Cloud hosting platforms are charged with storing and protecting vast troves of valuable personal and company information, making them tempting targets for fraudsters. Improper security...
Fraud continues to increase in many areas, despite extensive attempts to bring it to heel. Retail fraud attempts have doubled year over year, for example,...