Secret Double Octopus names Horacio Zambrano as CMO

Secret Double Octopus (SDO) named Horacio Zambrano as Chief Marketing Officer. In his role, he will lead go-to-market planning and marketing operations at Double Octopus, with the goals of growing the company’s marketing effectiveness and extending its… Continue reading Secret Double Octopus names Horacio Zambrano as CMO

Mitek Check Fraud Defender protects against sophisticated check fraud attacks

Mitek introduced Check Fraud Defender, an artificial intelligence-powered, cloud-hosted consortium for financial institutions to counteract check fraud. An important addition to a financial institution’s fraud-fighting protocols, Check Fraud Defender h… Continue reading Mitek Check Fraud Defender protects against sophisticated check fraud attacks

How to conquer synthetic identity fraud

“No single organization can stop synthetic identity fraud on its own,” reports The Federal Reserve. “Fraudster tactics continually evolve to stay a step ahead of detection—and the most sophisticated fraudsters can operate at scale in organized crime ri… Continue reading How to conquer synthetic identity fraud

LexisNexis Financial Crime Digital Intelligence reduces digital financial crime and compliance risk

LexisNexis Risk Solutions has revealed the newest application of its digital identity intelligence capabilities. LexisNexis Financial Crime Digital Intelligence is a new solution that leverages digital identity data to transform financial crime complia… Continue reading LexisNexis Financial Crime Digital Intelligence reduces digital financial crime and compliance risk

Kasada partners with GreyNoise Intelligence to provide potential threats prioritization

By teaming up with Kasada, GreyNoise Intelligence will be able to provide users with an improved understanding of their security environment and more accurate information about which potential threats demand their attention. Kasada detects malicious au… Continue reading Kasada partners with GreyNoise Intelligence to provide potential threats prioritization

Alarming number of consumers impacted by identity theft, application fraud and account takeover

A new report, developed by Aite Group, and underwritten by GIACT, uncovers the striking pervasiveness of identity theft perpetrated against U.S. consumers and tracks shifts in banking behaviors adopted as a result of the pandemic. According to the repo… Continue reading Alarming number of consumers impacted by identity theft, application fraud and account takeover

The Risk of Weak Online Banking Passwords

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. This story is about how crooks increasingly are abusing third-party financial aggregation services like Mint, Plaid, Yodlee, YNAB and others to surveil and drain consumer accounts online. Continue reading The Risk of Weak Online Banking Passwords

A Chief Security Concern for Executive Teams

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. But you’d be forgiven if you couldn’t tell this by studying the executive leadership page of each company’s Web site. That… Continue reading A Chief Security Concern for Executive Teams

A Breach, or Just a Forced Password Reset?

Software giant Citrix Systems recently forced a password reset for many users of its Sharefile content collaboration service, warning it would be doing this on a regular basis in response to password-guessing attacks that target people who re-use passwords across multiple Web sites. Many Sharefile users interpreted this as a breach at Citrix and/or Sharefile, but the company maintains that’s not the case. Here’s a closer look at what happened, and some ideas about how to avoid a repeat of this scenario going forward. Continue reading A Breach, or Just a Forced Password Reset?

Fiserv Flaw Exposed Customer Data at Hundreds of Banks

Fiserv, Inc., a major provider of technology services to financial institutions, just fixed a glaring weakness in its Web platform that exposed personal and financial details of countless customers across hundreds of bank Web sites, KrebsOnSecurity has learned. Continue reading Fiserv Flaw Exposed Customer Data at Hundreds of Banks