security & fraud

Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
April 17, 2024  |  Security & Fraud

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. The joint offering would...

READ MORE >
Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
April 11, 2024  |  Security & Fraud

Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. The Securities and...

READ MORE >
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
April 11, 2024  |  Security & Fraud

Anti-money laundering (AML) defenses might begin at the point of onboarding. The needs are for all manner of firms — and especially banks and investment...

READ MORE >
Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
April 08, 2024  |  Cybersecurity

Greylock McKinnon Associates, a Boston consulting firm that provides support services in civil litigation matters, suffered a data breach that impacted 341,650 people. The breach...

READ MORE >
FBI: More Than $12 Billion Lost to Online Fraud in 2023
FBI: More Than $12 Billion Lost to Online Fraud in 2023
April 08, 2024  |  Security & Fraud

American consumers and business owners lost a record $12.5 billion last year to online scammers, marking a 22% spike in cybercrime over 2022, according to...

READ MORE >
Vroom Delivery and Finix Team on Convenience Store Payments
Vroom Delivery and Finix Team on Convenience Store Payments
April 08, 2024  |  Retail

Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called...

READ MORE >
Closing the Awareness-Action Gap Key to Strengthening API Security 
Closing the Awareness-Action Gap Key to Strengthening API Security 
April 03, 2024  |  API

Application programming interfaces (APIs) have become the cornerstone of the digital ecosystem, handling a significant share of internet traffic and enabling seamless interactions among various...

READ MORE >
AT&T: Info From 73 Million Accounts Hijacked in Data Breach
AT&T: Info From 73 Million Accounts Hijacked in Data Breach
March 31, 2024  |  Cybersecurity

AT&T says personal data of several million customers was leaked onto the dark web. “Based on our preliminary analysis, the data set appears to be from...

READ MORE >
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024  |  Security & Fraud

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking...

READ MORE >