Collaborate Disseminate
By Owais Sultan
Machine learning is transforming fraud detection by swiftly identifying unusual patterns in data, helping prevent financial losses and…
This is a post from HackRead.com Read the original post: How Is Machine Learning Used in Fraud… Continue reading How Is Machine Learning Used in Fraud Detection?
In the ever-evolving fraud landscape, fraudsters have shifted their tactics from using third-party devices to on-device fraud. Now, users face the rising threat of fraud involving remote access tools (RATs), while banks and fraud detection vendors struggle with new challenges in detecting this invisible threat. Let’s examine the modus operandi of fraudsters, prevalence rates across […]
The post Remote access detection in 2023: Unmasking invisible fraud appeared first on Security Intelligence.
Continue reading Remote access detection in 2023: Unmasking invisible fraud
Information stealer malware is a type of malicious software designed to collect sensitive information from a victim’s computer. Also known as info stealers, data stealers or data-stealing malware, this software is true to its name: after infecting a computer or device, it’s highly adept at exfiltrating login credentials, financial information and personal data. Info stealers […]
The post How the ZeuS Trojan Info Stealer Changed Cybersecurity appeared first on Security Intelligence.
Continue reading How the ZeuS Trojan Info Stealer Changed Cybersecurity
In a world in which bad news dominates, social engineering scams that carry a promise of good news can be incredibly lucrative for cyber criminals. In one recent example, fraudsters set up a phony job posting using a real recruiter as the contact person for the hiring process. Applicants hoping for a chance at the […]
The post Confessions of a Famous Fraudster: How and Why Social Engineering Scams Work appeared first on Security Intelligence.
Continue reading Confessions of a Famous Fraudster: How and Why Social Engineering Scams Work
In December 2020, a nation-state attack on the SolarWinds network management system compromised the supply chains of over 18,000 organizations, including the Pentagon and the Department of Homeland Security. With costs likely to run into the billions, this breach was one of the biggest incidents in recent years — but it won’t be the last. […]
The post 5 Global Supply Chain Security Threats (and How to Handle Them) appeared first on Security Intelligence.
Continue reading 5 Global Supply Chain Security Threats (and How to Handle Them)
The use of online streaming services was already burgeoning well before most of the world started spending so much time at home. The current explosion in the demand for video and music streaming services is cause for celebration in the industry, but it has a dark side. Account fraud, sharing and takeover, enabled by password […]
The post Account Fraud is Killing Streaming Services: What Providers Can Do appeared first on Security Intelligence.
Continue reading Account Fraud is Killing Streaming Services: What Providers Can Do
Building trust in an online or mobile user requires both identification and authentication.
The post How Authentication and Identification Work Together to Build Digital Trust appeared first on Security Intelligence.
Continue reading How Authentication and Identification Work Together to Build Digital Trust
To improve the user experience without compromising security, organizations should evolve their risk-based authentication (RBA) strategy to one of trust-based authentication.
The post Can Authentication Negatively Impact the User Experience? appeared first on Security Intelligence.
Continue reading Can Authentication Negatively Impact the User Experience?
The developers of the Ramnit Trojan have continued to evolve its capabilities for nearly a decade. It has returned again with changes in functionality, targets and methods of distribution. Yet, Ramnit isn?t the only malware to evolve and adapt to expl… Continue reading Ramnit Malware Makes a Return with New Tricks
Reading Time: 6 minutes Instead of just throwing money at increasingly complex security issues, organizations should embrace fraud detection and user authentication tools that flex to match risk appetite and business goals.
The post Can Fraud Detection Solutions Deliver the Authentication, Risk and Compliance Tools Banks and Insurers Need? appeared first on Security Intelligence.