A spike in large data breaches in recent months is fueling a credential stuffing epidemic around the world, as cybercriminals use login credentials from one business to hijack customer accounts at another. The post Credential Stuffing: Big Breaches Have Bot Attacks Ramping Up Fast appeared first on ThreatMetrix.
"The customer comes first" started out as the secret to success in business. Now it's the secret to 21st century cybersecurity, too. The post Protecting the Customer, Not the Money appeared first on ThreatMetrix.
Cybercriminals are growing more networked in their efforts. Businesses can counteract this by utilizing the power of global shared intelligence. The post Cybercriminal Networks: As Bad Guys Band Together, Shouldnâ't Businesses? appeared first on ThreatMetrix.
Financial institutions are increasingly collaborating with one another to set up proactive initiatives that map out the complex networks of money mule accounts that facilitate global cybercrime. The post Hunting for Money Mules: Stop the Mules, Stop the Digital Banking Fraud appeared first on ThreatMetrix.
The lowdown on the top four takeaways from analysis of transaction and fraud patterns during the week of Black Friday. The post Top 4 Takeaways from the 2018 Black Friday Week Shopping Spree appeared first on ThreatMetrix.
The accelerating move into digital channels to meet customer demands, the boom in mobile adoption worldwide and the need to fend off new and incumbent competitors, all make digitalization a strategic imperative. The post Digitalizationâ's Double-Edged Sword: Telcos Face More Fraud in 2019 appeared first on ThreatMetrix.
Organizations possessing digital fortunes must look for data sharing on fraud so that fraudsters do not capitalize on their lack of knowledge. The post Data Sharing for Fraud Detection: How Do We Get Ahead of the Fraudsters? appeared first on ThreatMetrix.
The proliferation of high-profile cybercrime suggests holiday travel might be hard on the industry this seasonâ'and for travelers in the year ahead. The post Holiday Blues: Cybercrime Rocks Travel Industry in Run-Up to Key Season appeared first on ThreatMetrix.
As the Black Friday and Cyber Monday phenomenon sweeps across the globe, fraud and identity management teams will feel the pressure. The post Top 3 Fraud Trends Retailers Can Expect this Holiday Shopping Season appeared first on ThreatMetrix.
Organizations need multiple layers of defense to gain a resolute view of each user and disrupt cyberattacks, before they cause irreparable damage. The post Winning the ‘Identity Warâ': The Next-Gen Platform for Predictive Fraud & ID Management appeared first on ThreatMetrix.
It may be time to start thinking of digital identity as far more than just a powerful approach to authentication and verification aimed at preventing fraud. The post Rewarding Customers Based on Digital Identity Trust appeared first on ThreatMetrix.
Discover the 3 ways to prevent online fraud and boost digital business, while creating a smooth user experience during the 10th annual Singles Day on 11/11. The post Online Fraud: 3 Ways to Boost Business Securely During 10th Annual Singles Day appeared first on ThreatMetrix.
Embracing a shared data approach to fraud prevention is vital, as you have a much more complete picture of what constitutes normal versus suspicious behavior. The post The Four Key Principles of Data Sharing for Fraud Prevention appeared first on ThreatMetrix.
Attack rates in LATAM in general are significantly elevated compared to the rest of the world, and continue to rise as stolen identity data circulates. The post Latin American Cybercrime Trends: Attacks Increase 20% Year on Year appeared first on ThreatMetrix.
The latest ANZ Cybercrime Report saw a huge spike in cyberattacks on the financial services industry throughout the Australia & New Zealand region. The post Australia & New Zealand: Cyberattacks Against Financial Services Spike 138% appeared first on ThreatMetrix.
Having an anomaly detection system is useful for customers, who can then set up alerts on key metrics such as potential bot rates and review/reject rates. The post Anomaly Detection as a Service: Time Series Analysis Platform based on Machine Learning appeared first on ThreatMetrix.
Itâ's the bane of businesses and governments around the globeâ'the growing threat from malicious actors that are laser-focused on exploiting an endless sea of stolen identity data to their own nefarious ends. On the one hand, you have the promise of the Internet. The immense productivity boosts it delivers to businesses and government agencies. The â¦ Continued The post A New Paradigm for Fraud & Identity Management appeared first on ThreatMetrix.
Discover the fintech trends, which threaten to put the importance of accurately assessing identity and fraud risk in conflict with rising customer expectations for fast, frictionless digital services. The post 3 Top Fintech Trends – And Why Digital Identity is a Must for Them All appeared first on ThreatMetrix.
A recent incident has compromised as many as 1.5 million personal health files, and has been described as the most serious such breach of personal data in Singaporeâ's history. The post The Post-Data Breach Era in Asia-Pacific: Why a Bad Situation is About to Get Worse appeared first on ThreatMetrix.
Identity is undergoing a seismic shift as the business world grows more digital and mobile. Businesses must continuously innovate identity proofing methods. The post Identity: Yesterday, Today & Tomorrow appeared first on ThreatMetrix.
As mobile continues its upward trajectory in gaming and gambling, fraudsters are increasingly viewing mobile transactions as an opportunity to monetize stolen credentials. The post Securing the Winning Hand Against Fraudsters in Gaming and Gambling appeared first on ThreatMetrix.
Russia could easily serve as a microcosm for the greater cybercrime landscape, as interesting trends emerged in the region during FIFA World Cup. The post Q2 2018: A Cybercriminal ‘World Cupâ' appeared first on ThreatMetrix.
Discover how supervised machine learning can use historical fraud tags to deliver powerful fraud prevention results in real time. The post Smart Learning as a Service: Automated and Lite Machine Learning Process appeared first on ThreatMetrix.
Organizations that are approved for virtual banking licenses will be competing in a mobile-centric market with increasing cyber attack rates. The post Firms Apply for Virtual Banking Licenses: The Real Competition? Cybercrime appeared first on ThreatMetrix.
The future lies in merging digital and physical identity intelligence for the most accurate way to differentiate between customers and fraudsters. The post Merging Online & Offline Identity Intelligence to Reduce Customer Friction appeared first on ThreatMetrix.
Identity spoofing is quickly being joined by another key attack vector hitting the gaming and gambling industry: location spoofing. The post World of Hurt: The High Stakes Game of Location Spoofing appeared first on ThreatMetrix.
Frank Teruel, SVP/GM of ThreatMetrix, reflects on the thought-provoking topics from the Digital Identity Summit 2018 and discusses the future of identity. The post The Future of Identity and Its Power to Predict appeared first on ThreatMetrix.
A 24% spike in mobile fraud attack rates globally is sparking concern as mobile transaction rates continue to rise at a higher than expected rate. The post Fast Meets Furious: Fraud Jumps 24% as Cybercriminals Target the Mobile Revolution appeared first on ThreatMetrix.
As we prepare for the Digital Identity Summit, which we are hosting next week in Los Angeles, we take stock of the scale of the issues facing businesses today, that can be solved by finding a better way to establish identity online. The post The Future of 360 Degree Identity Insights appeared first on ThreatMetrix.
All of us love our smart devices, however these helpful gadgets make us more vulnerable than ever to malicious applications and mobile attacks. The post Top Tips for Mobile Users to Avoid Malicious Applications and Attacks appeared first on ThreatMetrix.
Account takeover (ATOs) attacks against mobile telcos are rising sharply as cyberthieves leverage more than 2.5 billion identity credentials. The post Tough Call: The Rapidly Escalating Threat of Account Takeover Attacks appeared first on ThreatMetrix.
Digital banking fraud techniques are quickly evolving. How can banks stay one step ahead of fraudsters? Discover the answer in this Q&A. The post No Silver Bullets: Q&A on Fighting Digital Banking Fraud appeared first on ThreatMetrix.
Why growing concerns are mounting over recent cryptocurrency thefts, and how to protect against the threat while delivering a seamless customer experience. The post $6 Billion in Cryptocurrency Thefts in the Last Six Months Raising Alarms appeared first on ThreatMetrix.
New report shows online and mobile retail fraud is escalating at an unprecedented rate and so are the related costs to merchants. The post Retail Fraud Surges 30%, Merchants Now Pay Nearly $3 for Every Dollar Lost appeared first on ThreatMetrix.
Consumers are big on buy online pickup in-store, but over the last year, some merchants reported seeing BOPIS fraud jump as much as 250%. The post BOPIS Fraud Jumps 250%: Is ‘Buy Online, Pick Up In-Storeâ' Becoming a Big Problem? appeared first on ThreatMetrix.
Global visibility into fraud indicators and an understanding of tactics is key to developing new creative approaches to stop fraudsters in their tracks. The post Whispers on the Wind: Detecting Early Fraud Indicators appeared first on ThreatMetrix.
The combined understanding of physical and digital identity interactions enables more efficient risk decision making in the age of digital transformation. The post Identity Reimagined: Transform your Risk Decision Making with 360 Degree Identity Insights appeared first on ThreatMetrix.
Understand how fraudsters approach card testing, and how eCommerce merchants and media companies can combat this threat and increase fraud detection rates. The post How to Recognize Card Testing and Enhance Fraud Detection appeared first on ThreatMetrix.
Identity verification is becoming a bigger concern for the public sector, as using passport and social security numbers doesn't provide maximum security for our digital world. The post Can I see your ID Please? Identity Verification for the Public Sector appeared first on ThreatMetrix.
Link analysis is a technique to analyze data by creating networks and investigating the relationships between different entities. The post Link Analysis and How it Can be Used to Identify Fraud appeared first on ThreatMetrix.
What exactly is synthetic identity fraud? Why is it so hard to tell the difference between a real and a fake identity when extending credit? And bottom line: What can be done to stop it? The post Are you for Real? Synthetic Identity Fraudâ'And How to Identify it appeared first on ThreatMetrix.
Champion Challenger enables organizations to track, validate and audit policies. This provides more agility and facilitates better fraud detection. The post Champion Challenger: Enabling Better Fraud Detection appeared first on ThreatMetrix.
With the changing landscape of the payments industry, consumers are demanding a frictionless user experience. Users do not want to be stepped up if itâ's not necessary - they want, need, and expect immediacy. The post The Changing Landscape of the Payments Industry appeared first on ThreatMetrix.
Cybercriminals are increasingly targeting the telecommunications industry, and finding fast money in account takeovers and subscription fraud. The post Telco Subscription Fraud: Why Fraudsters are Targeting Telecommunications appeared first on ThreatMetrix.
Fraud defenses are being hit hard during the 2018 World Cup, as bot attacks affect online gambling companies and identity spoofing affects online travel. The post World Cup Russia 2018: Running the Fraud Defenses Ragged appeared first on ThreatMetrix.
The recent decision by the Supreme Court will enable sports betting in the U.S., but with this decision comes a vulnerable new playing field for fraudsters. The post Protecting the New Frontier of Sports Betting in the U.S. appeared first on ThreatMetrix.
Although the volume of attacks on mobile transactions is rising, it will remain the more secure digital channel in Europe for the foreseeable future. The post European Businesses Turn to Mobile as the Secure Digital Channel appeared first on ThreatMetrix.
3DS 2.0 has been introduced to address the shortcomings of 3DS 1.0 in the modern eCommerce landscape ? looking to help secure payments while offering an improved user experience during the checkout process. The post 3D Secure 2.0: A Paradigm Shift appeared first on ThreatMetrix.
The rapid transformation to a digital world has undoubtedly streamlined processes and raised expectations for the average consumer. People now expect a secure, frictionless digital experience, whether they are buying something from a retailer, donating to a charity, or filling in a tax return. However, while many ecommerce, media and financial organisations have evolved their â¦ Continued The post Mind the Gap: Tax Fraud Prevention in the Digital World appeared first on ThreatMetrix.
As if cybercriminals trying to crash your gates weren't bad enough, many are impersonating your employees and contractors to do it. Are your workforce authentication systems up to the challenge? The post Imposters Targeting Your Employees: 3 Keys to Effective Workforce Authentication appeared first on ThreatMetrix.