With a rise in incidents of omnichannel financial fraud globally, financial institutions need to enhance their ability to detect fraud - while also reducing technical complexity. Maxim Shifrin of IBM Trusteer discusses new solutions.
Financial organizations need to more accurately assess risk in the open banking environment. It's not enough to just get any generic analytics engine that can incorporate data from different interaction channels. A bank's fraud team must be able to identify cybercrime risk, payment risk and customer behavior, in...
Rare, massive data breaches don't necessarily pose the greatest risk to organizations, according to a new study co-authored by Google researchers. Also beware of quiet pedestrian schemes - think phishing, keyloggers - and attack tactics unchanged since the mid-2000s.
In the past decade, financial institutions have undergone a significant digital transformation - delivering new levels of customer convenience and services through online and mobile channels. However, this represents just the beginning of an even greater change.
Read this white paper to learn more about...
What happens when you need to verify a new customer? Without prior information or customer records, and when the information you rely on is publicly available, it can be challenging to determine whether an account was created by a new customer or by a cybercriminal. Download this whitepaper and learn how IBM Trusteer...
The latest ISMG Security Report features highlights from last week's panel discussion at the ISMG Fraud and Breach Prevention Summit in London on the implications of the Equifax data breach.
Effectively fighting fraud has a lot to do with the speed of detection, investigation and countermeasure deployment. By integrating cognitive capabilities with fraud protection, it is possible to shift the balance of power and gain an upper hand in the battle against fraudsters.
Download this whitepaper and learn...
Want to infect systems used by a large swath of cybersecurity professionals in one go? Then use a malicious decoy document to target potential attendees of a NATO and U.S. Army conference on "The Future of Cyber Conflict" being held in Washington.
An in-depth look at the DMARC anti-spoofing system - which the U.S. Department of Homeland Security this past week said it will require federal agencies to adopt - leads the latest edition of the ISMG Security Report. Also, continuous monitoring of the insider threat.
Organizations today take strong measures to guard against data breaches. With 91% of breaches starting with phishing emails, we find ourselves in an arms race against phishing attackers.
So, are we winning the war or just holding ground?
Download this report to learn the implications of phishing response data...
The attacker ecosystem is evolving rapidly and threat actors are making daring attempts to weaponize new attack types and new combinations of popular techniques. Large, global crises have dominated public discourse and news media and elevated the profile of software exploitation. These stories have, in turn, elevated...
How could attackers trick you, an intelligent professional, into handing over company funds?
They impersonate someone you know and trust.
According to the FBI's latest BEC/EAC alert, businesses worldwide experienced a 2,370% increase in actual and attempted dollar losses from BEC/EAC scams between January 2015...
Phishing, spearphishing, CEO Fraud/Business Email Compromise (BEC) and ransomware represent a group of critical security threats that virtually every organization will encounter at some point - and most already have. The logical evolution of phishing are increasing rapidly and costing organizations hundreds of...
A former cybersecurity analytics specialist at health insurer Anthem, which experienced a massive data breach, offers insights on key steps organizations should take to avoid becoming the next breach victim in the headlines.
Ransomware variants are implementing new, innovative techniques that employ unknown binaries and non-malware tactics to evade and bypass traditional defenses. Their encryption techniques go beyond simple files and shares to make it even harder to restore using backups; and their targets are increasingly becoming...
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