Knowing as many details as possible about the customer, the payment and the recipient is a critical component of stopping fraud as payments become faster, says anti-fraud specialist David Barnhardt.
Credit card losses due to synthetic identity fraud exceeded $800 million in the U.S. last year, says Julie Conroy of Aite Group, who analyzes the evolving threat and offers mitigation insights.
With the rise of P2P payment networks and the U.S. working toward a real-time national payments network, the push is on to battle fraudsters. Also, attackers are hacking legitimate websites to more stealthily distribute "Gandcrab" crypto-locking ransomware.
If operational technology systems need to get connected to IT systems, it's essential to have tight controls on the network, says Lam Kwok Yan, professor of computer science and engineering at Nanyang Technological University in Singapore.
Leading the latest edition of the ISMG Security Report: Cambridge Analytica shuts down, saying it's lost all of its customers, and Australia's Commonwealth Bank spots a big, bad potential data breach.
How do we establish and maintain digital trust without burdening our users? What are the critical questions that need to be addressed by anyone managing identity and access management in a modern enterprise? David Duncan of CA Technologies offers answers to these questions.
What are some of the complexities of the EU's General Data Protection Regulation, which will be enforced beginning May 25? Gerald Beuchelt, CISO at LogMeIn, offers compliance insights in an in-depth interview.
In this edition of the ISMG Security Report: Privacy watchdogs in the EU begin enforcing GDPR in less than 30 days; are organizations ready? Also, a look at the top 10, real-world online threats facing business and financial software firm Intuit.
Corporate espionage appears to be the motive behind cyberattacks targeting a variety of medical-related equipment and systems, researcher Jon DiMaggio of Symantec says in an in-depth interview about the activities of a hacker group the company has dubbed "Orangeworm."
What's the difference between artificial intelligence, machine learning, deep learning and neural networks? Don't trust vendors' marketing materials to help you find a workable, accurate definition, says Kris Lovejoy, CEO of the security firm BluVector.
In this in-depth interview, Daniel Cohen of RSA discusses how open banking, also known as banking as a service, will affect the fight against fraud and offers insights on the security steps banks should be taking.
Verizon's latest Data Breach Investigations Report shows that half of data breaches in 2017 worldwide were orchestrated by organized cybercriminal groups, says Verizon's Ashish Thapar, who offers an in-depth analysis of the findings.
Leading the latest edition of the ISMG Security Report: A preview of our extensive coverage of the 2018 RSA Conference, which will include dozens of video interviews with thought leaders.
Deception technology has been gaining traction as a way for organizations to get a view on how attackers are targeting their assets. Rik Turner, principal analyst at the consultancy Ovum, says he expects MSSPs to incorporate deception technology, making it more accessible to smaller organizations.
A new version of the FIDO authentication standard is designed to enable the elimination of passwords for a broader range of devices, says Phil Dunkelberger, CEO of Nok Nok Labs, who describes the latest developments.
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