Call center data and logs can help banks predict account-takeover attempts across multiple banking channels, says fraud expert Matt Anthony, a presenter at ISMG's upcoming Fraud Summits in Toronto and London.
Information Security Media Group recently hosted a Twitter chat on the latest fraud trends featuring analyst Avivah Litan, director of research at Gartner, Read the entire transcript of the #ISMGprotalk Twitter chat.
A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.
A security expert and average consumers respond differently to the eBay breach. As most customers retain a high degree of faith in online merchant security, the expert believes eBay committed a serious sin in its lack of strong authentication.
Choice Escrow is seeking a bench review of a recent appellate court ruling, which favored its former bank in an ACH fraud dispute. The firm argues the court set a bad precedent for future disputes by limiting Uniform Commercial Code protections.
As Keith Alexander tells it, when he led the National Security Agency, he didn't exist. Alexander discovered that 'fact' after he retired on May 21 as director of the NSA and commander of the Cyber Command and began shopping to buy a new home.
Security researchers say the international takedown of the Gameover Zeus botnet and servers for CryptoLocker ransomware will have a positive short-term impact, but they warn the threats could quickly re-emerge unless key steps are taken.
eBay is urging its 145 million customers to change their passwords following a cyber-attack on a company database that compromised encrypted passwords and other personal information. Learn how and when the attack originated.
The arrests of more than 90 individuals for their alleged involvement in the use of BlackShades malware is a sign of progress in the global fight against cybercrime, but some experts question whether the crackdown will serve as a fraud deterrent.
Conventional wisdom dictates that the high demand for IT security practitioner would cause salaries to rise, perhaps significantly. But a new study by SANS shows only a slight fattening of paychecks for many IT security professionals.