Fraud Prevention

Online Financial Fraud Doesn’t Have an Age Bias

Online financial fraud is becoming more difficult to spot as fraudsters and cybercriminals create more sophisticated schemes, seemingly on a daily basis.

Read More
Alisdair Faulkner
Posted April 13, 2018
Fraud Prevention

“Low and Slow” Is How the Credit Card Fraudsters Roll

Fraudsters are increasingly taking a low-and-slow approach to credit card fraud, making small recurring charges that too many consumers tend to ignore.

Read More
Frank Teruel
Posted April 5, 2018
Fraud Prevention

Fraud Protection for Government Agencies

If you think “Meltdown” and “Spectre” are scary, just take a look at some of the other threats facing government agencies this year. As The Hill reports, the Department of Homeland Security has issued guidance on mitigating these twin vulnerabilities,...

Read More
Mike Cichon
Posted March 13, 2018
Fraud Prevention

Life, Annuities and Retirement Services: New Targets for Account Takeover

Life, annuity and retirement services could soon get schooled in account takeover (ATO) attacks the same way banks did before them—if key lessons from today’s digital identity revolution go unheeded. As it stands, 2018 is already shaping up to be...

Read More
Frank Teruel
Posted March 7, 2018
Fraud Prevention

Machine Learning Techniques for Fraud Analytics, Part 2

In part 1, we considered how to tackle first-party fraud. In this post, we will look at probably the harder type of fraud to predict, which therefore requires more advanced techniques – third-party fraud. When the Fraudster is Not Your...

Read More
Mike Nathan
Posted February 20, 2018
Fraud Prevention

Machine Learning Techniques for Fraud Analytics, Part 1

Fraud analytics is an endless game of cat and mouse, but machine learning just might be the tool to help fraud professionals win this game. In the financial services world, fraudsters must be faster and smarter than the slowest bank...

Read More
Mike Nathan
Posted February 7, 2018
Fraud Prevention

Financial Crime and Cyber Fraud Converge in Menacing Mashup

A crackdown on international money laundering has confirmed fears about the convergence of cyber fraud and financial crime that threatens to hobble online fraud prevention efforts in 2018 and beyond. According to reports, law enforcement agencies in 26 countries partnered...

Read More
Frank Teruel
Posted January 4, 2018
Fraud Prevention

The Role of Fraud Prevention After the Repeal of Net Neutrality

Businesses may need to take another look at their fraud prevention solutions as the repeal of net neutrality rules, if fully enacted, could result in some unintended consequences — including a whole new avenue of attack for cybercriminals. On December...

Read More
Vanita Pandey
Posted December 20, 2017
Fraud Prevention

‘Twas the Fight Before Christmas: Online Fraud Prevention and Retail’s All-Important Holiday Season

The holiday shopping season about to kick into high gear in the U.S., with online sales are expected to reach a record $107.4 billion in the U.S.—a 14-percent increase over 2016. But, that’s only if retailers’ online fraud prevention strategies...

Read More
Armen Najarian
Posted November 20, 2017
Fraud Prevention

Fraud Prevention: Three “Singles Day” Lessons for Online Retailers

Memo to online retailers: We’re all “Singles” now. With Singles Day 2017 set to shatter last year’s record of $17.8 billion in online sales, the dynamics fueling its success offer key lessons for every retailer looking to achieve revenue growth...

Read More
Alisdair Faulkner
Posted November 10, 2017
close btn