Anti-Fraud, Page 2

Act at the Speed of Fraud: Take the Challenge

How fast can you find fraud?  That is the challenge put forth by the RSA Fraud & Risk Intelligence team at RSA Conference 2017. Why the emphasis on speed? Simply put, the faster an organization can isolate the source of fraud, the faster they can respond. And based on RSA’s research, there is a gaping…

The $5 Billion Fraud Problem

When explaining my profession to people I meet, they often tell me about the time their card was “frauded.” I always enjoy this conversation, as it provides insight into the human victim element of a fraud event. The breadth of emotions typically ranges from, “How did this happen and how do we track down the…

Defending a Decade of Phishing and Cybercrime

With holiday shopping season in full swing, many of us are feeling just like the guy in the song, “The 12 Pains of Christmas.”  I have my own two personal pains with the holidays, and I am still deciding which one is more annoying: Elf on the Shelf, or, the mountain of phishing emails I have…

Living With The Hacker-Industrial Complex

At one of my previous cybersecurity jobs, I received a frantic call from a man whose production company had just been hit with a massive breach. The company’s main summer release was in final post-production when it was hacked, and within a day had over 100,000 downloads. It hadn’t crossed anyone’s mind that the company’s…

Cybercrime in Social Media Grows 70% in Six Months

These days, all you need to do is type “botnet,” “hacking,” “DDoS,” “CVV2,” or any other cybercrime-related term into the search bar on most social media platforms, and you will find a plethora of fraud activity occurring in plain sight.  As reported earlier this year by RSA, social media has become a breeding ground for cybercrime-related…

2017 Global Fraud and Cybercrime Forecast

From mobile threats and malware, to the organizations on the target lists of e-commerce fraud – a myriad of threats exist across the cyber landscape and the commoditization of cybercrime is making it easier and cheaper to launch attacks on a global scale.  If you are a believer that the best predictor of future events…

Conquering the Rising Threat of Malvertising

The recent shift in enterprise application platforms from desktop to mobile has brought with it many exciting benefits, which organizations have recognized and leveraged to provide a more flexible and convenient workplace. Unfortunately, individuals and groups with less honorable intentions have also taken notice of this shift. In fact, a report from ISACA predicts a…

PSD2 and the E-Commerce Ecosystem

Authored by Ian Newns The European Banking Authority recently drafted the latest Directive on Payment Services II (PSD2), which serves as the legal foundation for a cross-EU payments market.  In 2016, European e-commerce sales are expected to increase 17% to €183 billion and the use of payment service providers (PSPs) is increasing significantly. Couple this with…

Blues and Bridging the Gap of Grief

The sound of blues flooded our ears, as approximately 2,000 information security professionals settled into the Ernest N. Morial Convention Center in New Orleans, LA, for the third annual RSA user conference, RSA Charge, from Oct 25-27. With our stomachs stuffed with local popular fare inclusive of crawfish, oysters & biegnets as we traversed Bourbon Street to…

3D Secure 2.0 – The New Sheriff in Town

EMVCo, the global standards body tasked with developing the technical standards for payments technologies, last week announced the availability of 3D Secure 2.0. Collectively, we at RSA congratulate EMVCo on this eagerly anticipated release. As an EMVCo Technical Associate, we were privileged to contribute to the development of the specifications and truly believe that the…