Articles with tag: account takeover

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Experian identifies synthetic identities and COVID scams as fraud trends in 2021

News | Digital Identity, Security & Online Fraud | 12 Jan 2021

Experian has unveiled a Future of Fraud Forecast, which identifies five of the biggest threats that businesses should expect to face in 2021, Find Biometric reports. 

Experian, synthetic identities, COVID-19, pandemic, coronavirus, scams, fraud predictions, product launch, account takeover, identity fraud, phishing attacks, security

Half of merchants not tracking mobile app orders for fraud despite surge in mobile use, Ravelin reveals

News | Digital Identity, Security & Online Fraud | 18 Dec 2020

Ravelin has revealed that 48% or merchants are not tracking consumer purchases on mobile apps for fraud, despite COVID-19 driving a huge increase in mobile app purchases.

Ravelin, research, study, merchants, fraud, COVID-19, in-app purchases, account takeover, BIN, mobile fraud

The hidden fraud danger of the 2020 holidays: Focus on accounts

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 Dec 2020

Itay Levy, CEO at Identiq, shares his insights regarding the dangers of account-based fraud during the 2020 holiday season

Itay Levy, Identiq, account fraud, holiday season, online shopping, checkout, risks, account takeover, ATO, merchants, phishing, fraudulent transactions, identity verification, BOPIS

Raise Marketplace launches fraud prevention solution rZero to help corporations fight digital fraud

News | Digital Identity, Security & Online Fraud | 07 Dec 2020

Raise Marketplace has launched rZero, a new risk minimisation service that prevents digital fraud including account takeover, fraudulent accounts, and payment transaction fraud.

Raise Marketplace, product launch, rZero, mobile payments, digital fraud, fraud detection, account takeover, fraudulent accounts, payment transaction fraud, marketplace, merchants, US

Kount Joins Adobe Exchange to offer fraud prevention to Magento ecommerce providers

News | Digital Identity, Security & Online Fraud | 02 Nov 2020

Kount, the fraud prevention and digital identity trust company, has announced an Accelerate Level partnership in the Adobe Exchange Partner program.

Kount, fraud prevention, chargebacks, account takeover, ecommerce, security, online fraud, Adobe Exchange, Magento, digital identity

Supporting airlines as they defend against pandemic-related fraud trends

Voice of the Industry | Digital Identity, Security & Online Fraud | 23 Oct 2020

It's likely that fraudsters are taking advantage of the pandemic to target airlines with new and refined tools and techniques. Mark Strachan, EMEA Managed Risk Principal at Cybersource, discusses nine key fraud trends and how to combat them.

Mark Strachan, Cybersource, fraud, token, bank account, COVID-19, vouchers, account takeover, chargebacks, friendly fraud, machine learning, customer behaviour, fraud management

ClearScore, Netacea partnership for bot protection

News | Digital Identity, Security & Online Fraud | 21 Oct 2020

Bot management solution provider Netacea has been selected by UK-based credit marketplace ClearScore to protect against credential stuffing attacks and account takeovers.

ClearScore, Netacea, partnership, bot protection, fraud, UK, credential attack, account takeover

Goodbye passwords, passwordless authentication is here to stay

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Oct 2020

By 2022, Gartner predicts that 60% of large and global enterprises, along with 90% of mid-size enterprises, will implement passwordless authentication methods in over 50% of use cases, up from 5% in 2018, Srividya Sunderamurthy from Vesta debates.

Srividya Sunderamurthy, Vesta, AML, account takeover, ecommerce, fraud, PII, phishing, credential stuffing, data breaches, merchants, authentication

Account takeover becomes weapon of choice for fraudsters leading up to holiday shopping season

News | Digital Identity, Security & Online Fraud | 01 Oct 2020

Sift has released its Q3 2020 Digital Trust & Safety Index, which examines how cybercriminals have been using ATO fraud to steal from consumers and ecommerce merchants.

Sift, research, Q3 2020 Digital Trust & Safety Index, cybercriminals, account takeover, ATO, fraud, ecommerce, merchants, US, COVID-19, fraudsters, payment information, rewards points, multi-factor authentication, MFA, hack, credential stuffing, chargeback

Forter reveals fraud insights for holiday season and rising rates of omnichannel fraud

News | Digital Identity, Security & Online Fraud | 01 Oct 2020

Forter’s ninth Fraud Attack Index has revealed key fraud insights for holiday season and rising rates of omnichannel fraud.

Forter, study, ecommerce fraud, BOPIS fraud, omnichannel, return fraud, COVID-19, customer experience, account takeover

LexisNexis Risk Solutions reveals new risks for EMEA in online channels during the pandemic

News | Digital Identity, Security & Online Fraud | 15 Sep 2020

LexisNexis Risk Solutions has released its biannual Cybercrime Report, which tracks global cybercrime activity from January 2020 through June 2020.

LexisNexis Risk Solutions, Cybercrime Report, cybercrime, COVID-19, LexisNexis Digital Identity Network, EMEA, desktop transactions, attack rate, UK, human-initiated cyberattacks, bot attacks, US, ecommerce, online payments, merchants, digital payments, account takeover, identity spoofing, chargeback, fraud

The power of data intelligence in fraud prevention

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Sep 2020

Glenn Cobb, Director, Solution Engineering at Simility, a PayPal Service, explains how data fuels modern businesses and informs every decision a firm makes, from launching new products to improving customer experiences to fighting fraud

Glenn Cobb, Simility, data intelligence, fraud prevention, risk intelligence, threats, dark web, marketplaces, accounts, account takeover, network intelligence, risk score

SpyCloud closes USD 30 mln funding for its anti-fraud platform

News | Digital Identity, Security & Online Fraud | 20 Aug 2020

US-based SpyCloud has announced that it has closed on USD 30 million in additional venture capital funding, Silicon Hills News reports.

SpyCloud, anti-fraud platform, customer accounts, security, account takeover, criminals

TypingDNA's typing biometrics authentication integrated to ForgeRock's platform

News | Digital Identity, Security & Online Fraud | 19 Aug 2020

The ForgeRock Identity Platform has integrated TypingDNA’s typing biometric authentication API to boost security, workforce, and customer authentication experience.

ForgeRock, TypingDNA, typing biometrics, authentication, identity platform, API, security, account takeover, fraud, RBA, SCA, PSD2

Buguroo teams up with Puleng Technologies

News | Digital Identity, Security & Online Fraud | 18 Aug 2020

Buguroo and Puleng Technologies have partnered aiming to reduce the impact of online bank fraud in South Africa. 

Buguroo, partnership, Puleng Technologies, SA, banking, online, online fraud, fraud, online bank, banks, South Africa, South African Banking Risk Information Centre, SABRIC, fraud, mobile bank, COVID-19, coronavirus, pandemic, Account Takeover, ATO, biometrics, bugFraud

Intellicheck, Ipsidy collaborate to offer account takeover fraud prevention solution

News | Digital Identity, Security & Online Fraud | 05 Aug 2020

Intellicheck has announced a collaborative agreement with Ipsidy to offer facial biometric identity proofing and multi-factor authentication solutions for the North American market.

Intellicheck, Ipsidy, facial biometric, multi-factor authentication, North American, identification authentication, age verification, Identity as a Service, IDaaS, account takeover

US Faster Payments Council publishes white paper focused on fraud prevention

News | Digital Identity, Security & Online Fraud | 31 Jul 2020

The US Faster Payments Council (FPC) has released its latest white paper, Examining Faster Payments Fraud Prevention. 

US Faster Payments Council, FPC, white paper, Examining Faster Payments Fraud Prevention, fraud schemes, identify theft, account takeover, synthetic identity, social engineering, Authorised Push Payment, faster payments environment, user experiences, cross-border payments

Fraud management during challenging times: learning from recent experience

Interviews | Digital Identity, Security & Online Fraud | 29 Jul 2020

Mark Strachan, Director, Cybersource Global Services, shares insights into best-practice approaches merchants can take in response to recent changes in consumer and fraudster behaviour

Mark Strachan, Cybersource, fraud, management, merchants, COVID-19, risks, transactions, screening, bot attacks, account takeover, chargeback, cards, fraud management, fraud prevention, ML, AI

Trulioo recommends payment apps to improve security against COVID-19 fraud

News | Digital Identity, Security & Online Fraud | 24 Jul 2020

Trulioo has released an Anti-Money Laundering and Know Your Customer (KYC) report that tracks fraudulent activity during the pandemic.

Trulioo, Anti-Money Laundering, AML, Know Your Customer, KYC, report, fraudulent activity, COVID-19, cybercriminals, payment apps, online transactions, biometrics, account takeover, Westpac Banking Corporation, customer onboarding

Beyond Identity, Ping Identity join forces to enable passwordless authentication

News | Digital Identity, Security & Online Fraud | 24 Jul 2020

US-based identity management provider Beyond Identity has partnered with Ping Identity to enable passwordless authentication.

Beyond Identity, Ping Identity, passwordless authentication, SSO, PingFederate, cryptography, TLS, SSL, Technology Alliance Programme, TAP, IAM, account takeover, codeless