The adoption of digital platforms shows no signs of slowing down as consumers embrace the convenience of mobile channels in Asia-Pacific region. What has also become clearly apparent from analysis of the LexisNexis® Digital Identity Network®, is that fraud is on the rise as consumer confidence returns.
In...
Fraudsters have one key aim: to make the most money with the least effort.
The types of fraud consistently evolve to pick off the easiest targets. As digital identity and transaction monitoring solutions have become more advanced, fraudsters have faced an increasingly robust barrier to brute force account takeover...
The past few years have shown us a tremendous shift in BEC attacks, which changed its strategies from Executive Impersonation to opting to impersonate third party vendors and suppliers instead. This shift has given the threat actors a plethora of additional trusted identities to exploit.
This Threat Intelligence...
Insurance claims being filed by ransomware victims are growing as criminals continue to hit businesses with crypto-locking malware. To avoid these claims, organizations can take a number of proven steps to better protect themselves, says Payal Chakravarty of Coalition.
The new Expel Quarterly Threat Report provides even more data on what we’re seeing, detection opportunities, and resilience recs to help protect your organization — now on a quarterly basis.
If you think the only way your network and devices can be compromised via email is phishing, think again!
A majority of data breaches are caused by attacks on the human layer, but email hacking is much more than phishing and launching malware. From code execution and clickjacking to password theft and rogue forms,...
Protection tools available to merchants have historically approached fraud management from the lens of preventing losses. Commerce protection has evolved in recent years and reframes the problem to solve the bigger loss for merchants – sales falsely declined due to fear of fraud.
Commerce protection offers a...
Police in Nigeria this week arrested a 37-year-old man who's been charged with masterminding "a criminal syndicate tied to massive business email compromise and phishing campaigns," Interpol says. But with known BEC losses last year exceeding $2.4 billion, will the arrest have a noticeable impact?
The new Expel Quarterly Threat Report provides data on what we’re seeing,
detection opportunities, and resilience recs to help protect your organization.
We’ll dive into the trends in this report, based on incidents the Expel security
operations center (SOC) team identified through investigations into...
Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
In the today’s digital world, when so much of our lives are online, identity verification and authentication are critical to addressing fraud-related risk management challenges. To prevent fraud and protect your business and your customers, you must be certain the people you are dealing with are who they represent...
In the today’s digital world, when so much of our lives are online, identity verification and authentication are critical to addressing fraud-related risk management challenges. To prevent fraud and protect your business and your customers, you must be certain the people you are dealing with are who they represent...
Account takeovers (ATO) and financial fraud demonstrate that losing trust in a brand can come anywhere along the customer journey. A study found that 28% of customers would stop using a site or service if they experienced a
n ATO. Conversely, when consumers trust your brand, they are 7 times more likely more to buy...
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