DIGITAL FRAUD TRACKER

How Employee Training and Automated Defenses Can Protect Companies Against Phishing

How Employee Training and Automated Defenses Can Protect Companies Against Phishing
How Employee Training and Automated Defenses Can Protect Companies Against Phishing
October 20, 2021  |  Fraud Prevention

Social media scraping and automated fraud attacks have deemed old-school single-layer defense systems ineffective. In this month’s Digital Fraud Tracker, Georgetown cybersecurity Prof. Chuck Brooks...

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No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
October 19, 2021  |  Fraud Prevention

Digital fraud is a constant menace for businesses and individuals, with merchants around the globe expecting to lose more than $20 billion to fraud in...

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Deep Dive: How Merchants Can Reduce the Risk of False Positives Through AI and ML
Deep Dive: How Merchants Can Reduce the Risk of False Positives Through AI and ML
September 10, 2021  |  Fraud Prevention

The risk of digital fraud is difficult to overstate for merchants of all sizes, especially as digital engagement continues to grow and open more doors...

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ModCloth on Catching Fraudsters Without Entangling Legitimate Customers
ModCloth on Catching Fraudsters Without Entangling Legitimate Customers
September 09, 2021  |  Fraud Prevention

Combating fraud is a delicate balancing act for fashion eTailers. If they’re too casual with prevention, fraudsters will strike, but if they’re too stringent, good...

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ModCloth’s Data-Driven Approach to Tackling Fraud, Reducing False Positives
ModCloth’s Data-Driven Approach to Tackling Fraud, Reducing False Positives
September 08, 2021  |  Fraud Prevention

Digital fraud is a perennial concern for banks, merchants and businesses of all types, with eCommerce retailers expected to lose $20 billion this year alone...

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How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses
July 09, 2021  |  Fraud Prevention

Cybersecurity is of the utmost concern for financial institutions (FIs) of all types, ranging from community credit unions to multibillion-dollar international banking conglomerates to everyday...

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FBI: Why AI And MFA Provide The Most Effective Fraud Defense
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
July 08, 2021  |  Fraud Prevention

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with...

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FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
July 07, 2021  |  Fraud Prevention

Digital fraud has been a steadily growing issue over the past few decades, but it was kicked into overdrive during the past year due to...

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