Ellen Richey, Visa's chief enterprise risk officer, will offer a keynote address on payments security and fraud prevention at Information Security Media Group's Fraud Summit San Francisco on April 29.
Recent retail breaches have exposed security vulnerabilities, highlighting the importance of shifting to much stronger user authentication as well as verification of the authenticity of transactions.
2014 is finally the "The Year of Security." When the year stars fresh on the heels of the announcement that Target has suffered a data breach that impacts tens of millions of consumer payment cards ... that gets attention. And when that's followed up quickly with a second major breach, this one of luxury retailer...
Major cyberthreat concerns for banking institutions in 2014 include DDoS attacks, mobile malware, ransomware and insider threats, among others. Experts offer insights on mitigation strategies.
A new identity fraud study shows that consumers who are victims of a payment card breach are at greater risk of fraud than victims of other types of breaches, says Al Pascual of Javelin.
Big data is a hot item on every banking institution's security agenda, says Gartner analyst Avivah Litan. Here she explains why mid-sized institutions are in the best position to implement new technology.
Most security professionals focus on only the fraud avoidance capabilities when evaluating and implementing fraud prevention technologies. Often overlooked is the potentially significant adverse impact on customers' experience and operational costs. Good fraud prevention solutions must be effective at identifying and...
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
Mobile devices - smartphones and tablets - are powerful computers that are increasingly used for commerce and financial transactions. Consumers will spend $235 billion through mobile transactions, making mobile devices a very lucrative channel and the next frontier for cybercriminals to exploit.
The threats against...
Call center fraud is one of the leading threats that financial institutions will battle next year because fraudsters consider the centers to be an easy target. But what can be done to mitigate this threat?
A new takeover scam that the FBI calls a "man-in-the-e-mail" attack has drained $1.65 million from three Seattle-area businesses' accounts. Learn what steps to take to avoid becoming the next victim.
In case you missed ISMG's 2013 Fraud Summit - or even if you were there and want to share insights with colleagues - I'm pleased to announce the availability of a series of session videos featuring top fraud experts.
Mobile banking continues to gain momentum, growing faster than any other delivery channel to date. Many financial institutions want to expand capabilities in the mobile channel, but are concerned about security. Given the evolving threats, mobile innovation has outpaced the industry's appetite for deploying new...
Federal investigators announced five more arrests this week in connection with a $45 million ATM cash-out and prepaid card fraud scheme. Learn why experts expect these types of crimes to become even more common.
Financial institutions and businesses in other sectors must continually collect information about their online customers to ensure stronger authentication, says Avivah Litan, a fraud expert and analyst for the consultancy Gartner.
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