Digital technologies have revolutionized how operators and users interact with the U.S. payments system as new products emerge, back-end operations change and user experiences are enhanced. However, alongside these innovations come unforeseen payments security threats. As the dark web fills with stolen personal...
Fraudsters leverage networks to amplify attacks - isn't it time we do the same to strengthen our defenses? In our rapidly forming remote world with increased frequency of digital interactions, fraud fighting strategies need a boost. Carey O'Connor Kolaja will walk us through the rise of synthetic fraud, the changes it...
Compromised Credentials Monitoring (CCM) allows users to monitor exposure of compromised credentials for their enterprise domains and customer email addresses to take action after breaches to mitigate risk of account takeover (ATO). Flashpoint's advanced technology quickly collects and processes data and credentials,...
The thriving cybercrime economy of vendors hawking illicit offerings on underground marketplaces grants access to resources that reduce barriers to entry for crimes ranging from fraud to DDoS attacks.
Pricing trends for these offerings shed light not only on their accessibility to threat actors, but also on how...
Account Takeover (ATO) attacks are one of the fastest growing and prevalent problems for most organizations. According to a recent Forrester report, ATO attacks caused at least $6.5 billion to $7 billion in annual losses across financial services, insurance, eCommerce and other industries.
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Is your cloud still dripping important company data?
You're responsible for protecting the data you store in public cloud infrastructure. That may be obvious, but organizations continue to leave cloud data exposed. With so many ways to inadvertently expose your environment, maintaining secure configurations can be a...
Whenever a bad actor gains access to another party's legitimate account, this is called an Account Takeover (ATO). Not only are ATO attacks tough to spot, they can also cause a lot of harm beyond just stolen goods and chargebacks, including backlash from upset customers. In this guide, we dive into how these attacks...
Technology, regulations and customer expectations all have evolved, but what does this mean for how organizations secure identities?
This evolution has proven to be a two-sided coin, particularly for financial institutions. It's not only allowing financial institutions to offer new, innovative products where...
The high-profile breaches of Fortune 100 companies are the ones that get the headlines, but small and midsized businesses should not breathe any sighs of relief. They are very much still targets, says Austin Murphy of CrowdStrike. He offers cybersecurity advice to SMBs.
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According to a recent report, The Identity Fraud Study, released by Javelin Strategy & Research, it showed in 2015, there were more than 1.5 million new account fraud victims that accounted for losses of $2.8 billion. This number increased by 40% in 2016, and there is no reason to believe that this trend is stopping...
Brett Johnson, referred to by the United States Secret Service as "The Original Internet Godfather" has been a central figure in the cybercrime world for almost 20 years. He founded and was the leader of Counterfeitlibrary.com and Shadowcrew.com. Working alongside the top cyber criminals of our time, he helped design,...
The financial industry continues to be a high-risk target for fraud, primarily fueled by the sale of stolen credentials, account numbers, pins, and personal and financial information.
While larger financial institutions have dedicated in-house teams and sophisticated technologies in place to detect incidents,...
Spear phishing is the common trigger to many of the most popular - and successful - targeted attacks. How can organizations improve their defenses to better spot - and stop - spear phishing?
Spear phishing and messaging-based threats tend to be the first attack vector that criminals are using today in targeted...
The digital transformation is well underway, with new market entrants and established players deploying new digital services that enable digital-first consumers to open new accounts and access services. With the volume of personal information publicly available in social networks and in the cyber underground,...
By applying a risk-based approach to identity assurance, organizations can go beyond a simple yes/no decision or step-up authentication process and add intelligence that provides broader context about the user and the situation in which they are requesting access.
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