Collaborate Disseminate
Financial talk itself is taboo. Admitting to getting fleeced and losing all your savings? That qualifies as super taboo, a new report says. Continue reading Elderly scam victims are too embarrassed to speak up
Risk-based authentication leverages machine learning to consume third-party fraud data and business intelligence to predict fraud risk more accurately and allow good customers to pass unhindered. Learn how one organization was able to leverage business… Continue reading Applying Cross-Channel Data to Improve Fraud Detection
Omnichannel fraud has evolved to exploit the myriad technologies retailers have developed to enable consumers to purchase goods anytime, anywhere.
The post Are You Prepared for Omnichannel Fraud? appeared first on Security Intelligence.
In this short podcast, IBM Executive Security Advisor Etay Maor shares his thoughts on the current state of cyber fraud and the latest fraud trends.
The post Podcast: Today’s Fraud Trends, From the Dark Web to ‘Pokemon Go’ appeared first on Security Intelligence.
Continue reading Podcast: Today’s Fraud Trends, From the Dark Web to ‘Pokemon Go’
A system of faster clearing times could help businesses and hardworking families, but the shift could open a window for cybercriminals to commit fraud.
The post Do Faster Payments Mean Faster Fraud? appeared first on Security Intelligence.
A new study analyzed 500,000 endpoints as a method of tracking online fraud. The 10,000 that were found to be compromised shared seven commonalities.
The post Tracking Online Fraud: Check Your Mileage Against Endpoint Data appeared first on Security Intelligence.
Continue reading Tracking Online Fraud: Check Your Mileage Against Endpoint Data
In Brief
Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware.
Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide.
Continue reading Creators of SpyEye Virus Sentenced to 24 Years in Prison
Tanvir Hassan Zoha, a 34-year-old security researcher, who spoke to media on the $81 Million Bangladesh Bank cyber theft, has gone missing since Wednesday night, just days after accusing Bangladesh’s central bank officials of negligence.
Zoha was in… Continue reading Security Researcher Goes Missing, Who Investigated Bangladesh Bank Hack
The recent cyber attack on Bangladesh’s central bank that let hackers stole over $80 Million from the institutes’ Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank’s computer systems.
Few days ago, reports e… Continue reading Here’s How Hackers Stole $80 Million from Bangladesh Bank
Typos are really embarrassing, but this time it saved the Bangladesh Central Bank and the New York Federal Reserve by preventing a nearly $1 Billion (£700 Million) heist.
Last month, some unknown hackers broke into Bangladesh’s central bank, obtained credentials needed for payment transfers and then transfer large sums to fraudulent accounts based in the Philippines and Sri Lanka. But…
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Continue reading How a Typo Stopped Hackers from Stealing $1 Billion from Bank