Pandemic-related chaos is an ideal environment for cybercrime, as merchants and financial institutions (FIs) have been discovering since the COVID-19 outbreak went global. With workflows disrupted and personnel dispersed, a rise in application fraud is being detected. When fraudsters open fake accounts and successfully drain...
It’s the list no one likes to be on. It’s kind of like being on the “worst dressed list” except that we’re talking about stolen data and, probably, lots of lawsuits. Welcome, then, to the Top Data Breaches of 2019. The readings are pretty grim....
December 21, 2022
Analysis of a variety of data sets is central to tackling online fraud without creating customer friction. As the digital economy grows and evolves, fraudsters are presented with a growing number of opportunities to take advantage of eCommerce retailers who haven’t put up sufficient defenses. “Scale is important for fraudsters,” Ido Lustig, head of risk […]
December 31, 2019
It’s the list no one likes to be on. It’s kind of like being on the “worst dressed list” except that we’re talking about stolen data and, probably, lots of...
