Cybersecurity

Cybersecurity

EU anti-money laundering regulations
Cybersecurity

What new EU AML initiatives mean for money laundering fight

By Martin Cheek, VP, SmartSearch Money laundering is a perennial problem for institutions around the world. Only last year, the US passed a much-needed update to the Banking ...
Read more Comments Off on What new EU AML initiatives mean for money laundering fight
Do CAPTCHAs work?
Cybersecurity

Payment security, CAPTCHAs, and more than meets the AI

by Jeff Domansky Despite the promise of AI and its potential as a security tool, we’ve fallen into a world of pain when it comes to cybersecurity. That’s ...
Read more Comments Off on Payment security, CAPTCHAs, and more than meets the AI
US benefits fraud tsunami
Credit Card & Online Fraud Cybersecurity

Could US unemployment payment fraud tsunami hit $100 billion-plus?

By Jeff Domansky Ramped up demand for unemployment benefits during the pandemic. Fraud detection budget cuts during previous low unemployment. Federal and state governments failure to take widespread ...
Read more Comments Off on Could US unemployment payment fraud tsunami hit $100 billion-plus?
hackers leak 8.4 billion passwords
Cybersecurity Slider

Biggest password leak ever – 8.4 billion passwords

By Jeff Domansky, June 8, 2021 The largest stolen password collection of all time, 8.4 billion passwords, was leaked on one of the world’s most popular hacker forums. ...
Read more Comments Off on Biggest password leak ever – 8.4 billion passwords
hamburger cybersecurity
Credit Card & Online Fraud Cybersecurity

Russian ransomware attacks American BBQ plans – citizens outraged

By Jeff Domansky, June 3, 2021 The world of cybersecurity is not on the radar of the average American. That is, until yesterday when news broke of a ...
Read more Comments Off on Russian ransomware attacks American BBQ plans – citizens outraged
mobile app security report
Banking Cybersecurity

The sorry state of application security in financial services

By Jeff Domansky, June 2, 2021 Two things jump out on first reading of Contrast Security’s 2021 State of Application Security in Financial Services Report. First, the financial ...
Read more Comments Off on The sorry state of application security in financial services
mobile app security risks growing
Credit Card & Online Fraud Cybersecurity

Lazy Android app cloud security exposed data for 100 million+

By Jeff Domansky, May 25, 2021 Last week, Check Point Research (CPR) released a study showing misconfiguration of third-party services by mobile app developers exposed emails, passwords, names, ...
Read more Comments Off on Lazy Android app cloud security exposed data for 100 million+
cybercrime growing
Credit Card & Online Fraud Cybersecurity

Pandemic fraud & cybercrime hitting banks hard

By Jeff Domansky, May 5, 2021 Three-quarters of financial institutions (74%) saw a significant spike in Covid-related fraud and cybercrime in the past 12 months. New research by ...
Read more Comments Off on Pandemic fraud & cybercrime hitting banks hard
increasing revenue by reducing false declines
Cybersecurity E-commerce

New fraud solution aims to increase approvals for Magento merchants

By Jeff Domansky, April 8, 2021 False declines are a $430 billion-plus global headache for retailers. A new Forter-Adobe collaboration aims to help businesses increase revenue by 2%-3% ...
Read more Comments Off on New fraud solution aims to increase approvals for Magento merchants
mobile payment fraud prevention
Chargebacks Credit Card & Online Fraud Cybersecurity

Critical pandemic lessons in mobile payment fraud prevention

By Rafael Lourenco, EVP, and Partner, ClearSale March 25, 2021 As the world pivoted to online shopping, work, and learning last year, the timeline for mobile usage growth jumped ...
Read more Comments Off on Critical pandemic lessons in mobile payment fraud prevention