Collaborate Disseminate
By giving the public greater control over their banking data, the Consumer Financial Protection Bureau’s proposal would deal a blow to data brokers.
The post CFPB’s proposed data rules would improve security, privacy and competition appeared first on CyberScoop.
Continue reading CFPB’s proposed data rules would improve security, privacy and competition
In 2022, US financial institutions and the credit card sector lost an estimated $4.88 billion to synthetic identities through falsified deposit accounts and unsecured credit cards. That’s because legacy fraud prevention procedures often come up short i… Continue reading Synthetic identity fraud calls for a new approach to identity verification
The Strivacity and TransUnion partnership combines Strivacity’s native identity verification capabilities with TransUnion’s TruValidate Global Fraud Solutions. Strivacity customers can now validate the identity of users using TransUnion, which provides… Continue reading Strivacity and TransUnion collaborate to help customers with identity verification processes
Here’s a look at the most interesting products from the past week, featuring releases from Illumio, Malwarebytes, Netography, TransUnion, and Truecaller. TransUnion TruValidate Device Risk with Behavioral Analytics improves fraud detection for business… Continue reading New infosec products of the week: September 30, 2022
To help limit the more than $100 billion of global sales revenue lost to false positives during the fraud detection process, TransUnion launched TruValidate Device Risk with Behavioral Analytics. The solution is newly fortified by NeuroID’s behavioral … Continue reading TransUnion TruValidate Device Risk with Behavioral Analytics improves fraud detection for businesses
Twice in the past month KrebsOnSecurity has heard from readers who’ve had their accounts at big-three credit bureau Experian hacked and updated with a new email address that wasn’t theirs. In both cases the readers used password managers to select strong, unique passwords for their Experian accounts. Research suggests identity thieves were able to hijack the accounts simply by signing up for new accounts at Experian using the victim’s personal information and a different email address. Continue reading Experian, You Have Some Explaining to Do
Fraud is a persistent threat, and there’s no end in sight as the e-commerce landscape continues to evolve and the use of online payment platforms increases. According to one recent study, e-commerce merchants, consumers and financial service providers … Continue reading How financial institutions are improving customer experience with fraud prevention measures
Neustar, a TransUnion company, announced a partnership with Permutive to enable trusted connections between advertisers and publishers by bridging the gap between consumer identity data and a privacy-first web. The partnership brings together the Neust… Continue reading Neustar collaborates with Permutive to protect advertiser and publisher first-party identity data
International credit bureau TransUnion says that hackers managed to breach a server operated by its South African division, and gained access to the personal information of individuals.
Read more in my article on the Hot for Security blog. Continue reading Hackers demand $15 million ransom from TransUnion after cracking “password” password
South Africa tech news site ITWeb reported that a group calling itself N4aughtysecTU is taking responsibility.
The post South Africa credit bureau breached, data reportedly held for $15 million ransom appeared first on CyberScoop.
Continue reading South Africa credit bureau breached, data reportedly held for $15 million ransom