Fraud Protection April 17, 2017 Phishing Attacks Collect 70 Percent of Credentials Within the First Hour 2 min read - With new cognitive enhancements, IBM Trusteer Rapport can help financial institutions protect their customers from phishing attacks.
Fraud Protection February 2, 2017 Why 53 Percent of Banks Think Security Controls Negatively Impact Customer Experience 3 min read - The delicate balance between a seamless customer experience and quality security controls is one that online banking portals need to manage.
Fraud Protection February 26, 2016 IBM Red Cell Research: Vehicle Buy-and-Ship Fraud Schemes Use Synthetic Identities 3 min read - Criminals may use synthetic identities to execute buy-and-ship fraud schemes, purchasing cars with false details with no intent of paying.
Banking & Finance December 3, 2015 Charity Fraud Trifecta: Phishing, Vishing and Smishing 6 min read - 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.
Fraud Protection August 27, 2015 Why Tax Refund Fraud Losses Are Growing Rapidly 8 min read - Tax refund fraud is catching the attention of cybercriminals, who are committing identity theft to claim a piece of this billion-dollar industry.
Government July 6, 2015 Medicare Fraud Laws and Common Fraud Schemes 3 min read - 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.
Banking & Finance March 2, 2015 Carbanak: It’s All About the Phish 3 min read - The Carbanak banking malware, which was recently reported by Kaspersky Lab, is potentially the most advanced malware design to date.
Fraud Protection February 3, 2015 The Growing Problem of Medical Identity Theft 5 min read - 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.
Banking & Finance December 2, 2014 The Looming Crisis of Child Identity Theft 5 min read - 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.
Banking & Finance October 28, 2014 Synthetic Identity Theft: Three Ways Synthetic Identities Are Created 6 min read - Synthetic identity theft fraudsters apply for credit directly with a lender, use the authorized user provision of a credit card account and furnish data.
Banking & Finance October 22, 2014 ATM Malware: The Next Generation of ATM Attacks 2 min read - Cybercriminals have developed and implemented ATM malware designed to withdraw cash directly from ATMs without compromising consumers' debit cards.
Banking & Finance September 18, 2014 Who Are ‘Knowing’ Money Mules? 4 min read - Knowing money mules work for organizations to transfer illegally acquired money. The following are a few different ways these mules tend to operate.