15 Posts

Steven D'Alfonso

Senior Financial Crimes Intelligence Specialist, IBM Red Cell

    Steven D'Alfonso joined IBM in April of 2013 as an inaugural member of the Red Cell team. Red Cell is a team of highly skilled subject matter experts in the field of counter financial crimes. The primary purpose of the team is to become a key thought leader in financial crime intelligence. Red Cell is tasked with identifying current and emerging trends, development of thought provoking research papers, strategy development, creation of profiles to detect/prevent financial crimes, and providing input into the creation of application/software to maximize the use of inherent and external intelligence.

    Written By Steven D'Alfonso

    Phishing Attacks Collect 70 Percent of Credentials Within the First Hour

    With new cognitive enhancements, IBM Trusteer Rapport can help financial institutions protect their customers from phishing attacks.

    Why 53 Percent of Banks Think Security Controls Negatively Impact Customer Experience

    The delicate balance between a seamless customer experience and quality security controls is one that online banking portals need to manage.

    IBM Red Cell Research: Vehicle Buy-and-Ship Fraud Schemes Use Synthetic Identities

    Criminals may use synthetic identities to execute buy-and-ship fraud schemes, purchasing cars with false details with no intent of paying.

    Charity Fraud Trifecta: Phishing, Vishing and Smishing

    The holiday season is upon us and charity fraud is a concern once again, just as it has been in the past. Here's what consumers need to know.

    Medicare Fraud Laws and Common Fraud Schemes

    Private enterprises can learn a lot from agencies tied to the health care industry, some of which are leveraging analytical tools to curb Medicare fraud.

    Carbanak: It’s All About the Phish

    The Carbanak banking malware, which was recently reported by Kaspersky Lab, is potentially the most advanced malware design to date.

    The Growing Problem of Medical Identity Theft

    Though medical identity theft has become a major issue in recent years, many people are not aware of how catastrophic a breach could be for them.

    The Looming Crisis of Child Identity Theft

    Child identity theft is the darker side of synthetic identity fraud and can have a detrimental effect on a child's future if it goes undetected.

    Synthetic Identity Theft: Three Ways Synthetic Identities Are Created

    Synthetic identity theft fraudsters apply for credit directly with a lender, use the authorized user provision of a credit card account and furnish data.

    ATM Malware: The Next Generation of ATM Attacks

    Cybercriminals have developed and implemented ATM malware designed to withdraw cash directly from ATMs without compromising consumers' debit cards.

    Co-Written By Steven D'Alfonso

    Why Tax Refund Fraud Losses Are Growing Rapidly

    Tax refund fraud is catching the attention of cybercriminals, who are committing identity theft to claim a piece of this billion-dollar industry.