More than two-thirds of survey respondents say they take a balanced approach - business, customers and compliance - investing in fraud prevention technology. So, why do they also report customer friction among their top challenges? BioCatch's Raj Dasgupta analyzes the results of the new Fraud Transformation Survey.
In looking ahead to fraud transformation in 2022, it is good to
review where the conversation about 2021 began: with statistics
about perceptions and reality.
More than just survey results, this report offers expert analysis on
how to balance the competing priorities of business, customer and
compliance needs –...
For fraudsters, there has been no respite. The fraud
economy took no pandemic hit. There was no
reduction in schemes among adversaries and they
experienced no job losses. Instead, shifts toward an increased dependency on digital channels have presented a myriad of new opportunities for illicit
financial gain....
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
Um varejista da Fortune 500 gerencia um programa de vale-presente com um valor armazenado de mais de $5 bilhões. Os cibercriminosos visaram o programa, roubando dezenas de milhões de dólares da empresa e de seus clientes.
Os invasores usaram credenciais roubadas de outras violações de sites para roubar contas...
The average amount of time that online attackers camp out in a victim's network - or "dwell time" - has been declining, FireEye's Mandiant incident response group reports. But the surge in ransomware accounts for some attacks coming to light more quickly because those attackers announce their presence.
Fraud is an increasingly serious threat for businesses around the world, eroding data integrity and security, consumer confidence and brand integrity. When fraud is discussed, hackers or external fraudsters often come to mind. However, insider fraud is a critical threat that is growing.
Download this white...
As the cost of cybercrime escalates across all industries, banks are suffering the most. Instead of focusing on reacting to alerts, banks should adapt technology and techniques aimed at placing alerts in context
and allowing for proactive management of those alerts.
Download this whitepaper to learn more...
This exclusive report explores the hidden value of payments. Partnering with Oxford Economics, Checkout.com talked to 1,500 business leaders and 5,000 consumers to uncover previously unknown insights.
It delves into the true cost of false declines to merchants and the digital economy, what customers are willing to...
As one of the fastest growing markets, MENAP represents a huge opportunity for merchants in the region and on a global scale. But success depends on understanding the changing consumer behaviors, accelerated by COVID-19. Like a positive shift in sentiment towards the security of digital payments.
Plus, explore...
Cybersecurity, once relegated to the back office of the business, is now a front and
center priority for boards of directors. As businesses become more digitally empowered,
cyber threats find more ways to breach defenses, increasing the risk to business operations and
bottom line.
What are the risks to the...
Breaches are all too common today as determined cyber criminals have become better organized and more targeted in their attacks. In many cases, a C-level executive loses their job as a result. That doesn't have to be you or your organization.
The right security testing solution is key to keeping you safe. From...
Are you prepared to detect and combat account takeover fraud (ATO) in real time? Adversaries have a variety of weapons at their disposal, which makes effective protection a challenge. To make matters worse, legacy anti-fraud solutions are falling short of accurately evaluating the risk.
With the right...
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