How do I select a fraud detection solution for my business?

The rapid increase in digital use created a perfect storm for fraudsters to quickly find new ways to steal funds, capitalizing on consumers’ lack of familiarity with digital platforms and the resource constraints faced by many businesses. In fact, from… Continue reading How do I select a fraud detection solution for my business?

Five emerging fraud threats facing businesses in 2021

With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian revealed five emerging fraud threats facing businesses in 2021. The rapid increase in digital use created a perfect storm for fraudsters to quickly fi… Continue reading Five emerging fraud threats facing businesses in 2021

Five emerging fraud threats facing businesses in 2021

With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian revealed five emerging fraud threats facing businesses in 2021. The rapid increase in digital use created a perfect storm for fraudsters to quickly fi… Continue reading Five emerging fraud threats facing businesses in 2021

Aerospike provides its Cloud Managed Service to Experian’s digital identity and fraud risk platform

Aerospike announced that it provides its Cloud Managed Service to Experian CrossCore integrated digital identity and fraud risk platform. Experian’s CrossCore is an identity and fraud risk platform that consolidates and orchestrates numerous fraud risk… Continue reading Aerospike provides its Cloud Managed Service to Experian’s digital identity and fraud risk platform

Experian acquires Tapad to enhance digital offerings for advertisers, agencies and publishers

Experian announces that it has completed the acquisition of Tapad – a provider in digital identity resolution for marketers that helps to connect brands to consumers, primarily in the United States. Founded in 2010 and headquartered in New York, Tapad … Continue reading Experian acquires Tapad to enhance digital offerings for advertisers, agencies and publishers

Confessions of an ID Theft Kingpin, Part I

At the height of his cybercriminal career, the hacker known as “Hieupc” was earning $125,000 a month running a bustling identity theft service that siphoned consumer dossiers from some of the world’s top data brokers. That is, until his greed and ambition played straight into an elaborate snare set by the U.S. Secret Service. Now, after more than seven years in prison Hieupc is back in his home country and hoping to convince other would-be cybercrooks to use their computer skills for good. Continue reading Confessions of an ID Theft Kingpin, Part I

No hacking needed: Someone duped Experian into handing over data in breach affecting 24 million South Africans

For fraudsters looking to swindle big corporations, sometimes it’s just a matter of asking. Earlier this week, the South African division of credit reporting giant Experian revealed that someone posing as a client had tricked the firm into coughing up personal information on an untold amount of South African consumers. The South African Banking Risk Information Centre (SABRIC), an association of banks focused on combating crime, put a number on the breach: up to 24 million people, and nearly 794,000 “business entities,” could be affected. Investigators have been working with banks to figure out which of their customers may have had their personal data exposed, according to SABRIC. It’s a reminder of the reams of personal data that credit monitoring firms like Experian and Equifax are sitting on, and the high stakes those firms face in protecting it. A social engineering trick, or an unpatched software flaw, can open the […]

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Continue reading No hacking needed: Someone duped Experian into handing over data in breach affecting 24 million South Africans

Why & Where You Should You Plant Your Flag

Several stories here have highlighted the importance of creating accounts online tied to your various identity, financial and communications services before identity thieves do it for you. This post examines some of the key places where everyone should plant their virtual flags. Continue reading Why & Where You Should You Plant Your Flag

Experian expects deepfake content to create geo-political confusion in 2020

Credit bureau Experian has rolled out the 2020 edition of its annual Data Breach Industry Forecast. The report predicts hackers will increasingly target the political scene and activists using deepfake content and other infamous cyber weapons. A top pr… Continue reading Experian expects deepfake content to create geo-political confusion in 2020