What makes authorized payment scams hard to detect? The speed and volume of transactions hinders banks in monitoring for fraud, but David Lott, payments risk expert with the Federal Reserve Bank of Atlanta, says educating customers and leveraging the right technology can help reduce scams.
Some experts predict cyber insurance rates will increase 40-75% in the near future, and MSPs need to take action now to protect their profits and businesses in 2022 and beyond. The panelists will explore why ransomware attacks are at the heart of these increases. This webinar features expert insights from:
Richard...
Among the hottest cybercrime trends globally: P2P fraud. JP Blaho of BioCatch discusses the latest scams, including Zelle fraud, and differences in incidents, investigations and regulatory requirements in the U.S. and other global hotspots.
As the number one threat vector for most organizations, email continues to be widely used by cyber criminals to penetrate organizations in support of a wide variety of cyberattacks. Unlike other attack vectors, email enables cybercriminals to directly leverage humans in an effort to bypass security controls and...
The latest edition of the ISMG Security Report discusses how financial service organizations should respond to the new "fraud universe." It also shares how CISOs can incorporate social media into their threat intelligence programs and describes the skills required by today's security leaders.
It should come as no surprise that email remains the most popular way to communicate in business, and it’s why many cyberattacks target email. Email security needs to be an essential part of an organization’s cybersecurity policy. Not only are email attacks popular, but there are many ways to achieve an email...
Effective security and risk programs require not just domain mastery but making security accessible to boards of directors and senior officers, says Karin Höne, the group chief information security and risk officer of South Africa-based multinational Barloworld.
Mark Read, head of data breach solutions for TransUnion in the UK, shares insights on the current data breach landscape, including how businesses should respond to a data breach in order to reduce its impact. "The most successful responses often include the offer of a remediation solution," he says.
The accelerated shift to digital banking has led to a surge in online fraud of all types. Recent studies have shown that 33% of U.S banks’ fraud costs in 2021 came from online banking – a 26% increase from 2020. The increased complexity, volume, and speed of today’s online transactions mean that organizations...
Ten years from now, "the ability to transact on a global basis will continue," says Nick Coleman, CSO, real-time payments at MasterCard, who adds, "Maybe my car will buy stuff for me." Coleman discusses the future of digital payments and the technologies that can help secure that future.
in the Frost Radar™ US Healthcare Cybersecurity Market
More than 90% of all healthcare organizations reported at least one security breach over the last 3 years. Robust cybersecurity has become a top priority and an essential requirement for all C-level healthcare executives. The most crucial challenges related to...
Based on the collected results, there was one major shift from last year’s report: Security. Security was selected by 27% of the respondents, which is an increase of 5% over last year.
Quality also saw an increase of 4% for a total of 25%. Both of these gains took away from safety, which saw a decrease of 9% over...
The Nigerian Police Special Fraud Unit says it busted a criminal syndicate, preventing cyberattacks against at least 10 banks in the country. The alleged mastermind was caught by the police, along with two alleged gang members, and another alleged member absconded, the police say.
Watch this webinar to learn how much are autonomous, electric, and connected vehicles impacting development & how are software development teams managing their work and complying with regulations
A single cybersecurity vulnerability can leave embedded systems defenseless to data breaches, cyberattacks, and other cyber incidents.
Unfortunately, cybersecurity vulnerabilities are an ever-present threat. In fact, according to embedded software industry experts, nearly 90% of all detected security holes can be...
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