Rising Identity & Financial Frauds: How Can Banks & Financial Institutions Mitigate the Risks?
With the changing nature and increase in the number of fraud attacks on banks and FIs globally, there’s a need to rethink the industry’s response to identity thefts, social engineering, SIM SWAP and
Mind Games: How Social Engineering Threatens Digital Channels
As the age-old adage goes, security is only as strong as your weakest links, and untrained staff and customers often are the weakest link. Threat actors recognise this fact and actively refine their
KuppingerCole Report | Leadership Compass
Download this Kuppingercole report for an overview of the fraud reduction intelligence platform market and gain valuable insight to help evaluate solutions.
Cutting Mobile Banking Fraud With Dynamic Authentication And App Security
Aside from the pressure of rapid adaptation and process transformation that financial services firms have managed over the last year, the increase in sophistication and volume of fraud attacks has
Social Engineering: Psychological Warfare in the Cyberspace
A staggering 98% of cyberattack leverage social engineering techniques in their fraud schemes. It’s the tried-and-true method for cybercriminals and understanding how they operate is the first step in
Enabling PSD2‑Compliant Fraud Monitoring for a Better User Experience
One of the new rules introduced by the Revised Payment Services Directive (PSD2) is mandatory transaction monitoring. As defined in the RTS on Strong Customer Authentication and Common and Secure
How to Stop Massive Mobile Banking Fraud
As mobile banking use surges worldwide in response to COVID-19 and its associated lock-downs, a corresponding rise in mobile banking fraud continue to increase in prevalence and sophistication. The
Social Engineering Attacks on Banking Transactions
Social engineering is not a new concept, but it is an enduring one that is steadily growing, with no end in sight. Learn more about social engineering techniques and how to defend against them.