Asia's Source for Enterprise Network Knowledge

Friday, February 12th, 2016

fraud

How to recognize an online fraudster

Online fraudster

The capability to profile potential cybercriminals, along with the implementation of chip-and-pin credit cards, may produce a reduction in the amount of money lost to online fraud each year. But that doesn’t mean the threat will go away entirely.

Fraud rate doubles as cybercriminals create new accounts in users' name

Credit Card fraud

To get more value out of stolen personal information, cyber criminals doubled their rate of account creation fraud this summer, according to a report from Vancouver-based NuData Security

Fraud rate doubles as cybercriminals create new accounts in users' name

Web Fraud

To get more value out of stolen personal information, cyber criminals doubled their rate of account creation fraud this summer, according to a report report from Vancouver-based NuData Security

Banking on security innovation to beat the hackers

Web Fraud

Banks are being targeted by cybercriminals, and that looks likely to continue in a world with more data and devices. Are banks being innovative enough with information security to ward off the threats?

Lies, damned lies and benchmarks

Lies, damned lies and benchmarks

Volkswagen cheated on the emissions tests for 11 million vehicles. But it’s not the only company that has built lying into its testing and benchmarking.

Elaborate spam operation uses nearly 750,000 fake Twitter accounts

News

Fake accounts were part of an elaborate scheme to peddle a type of diet pill known as Green Coffee Bean Extract.

Sharp rise seen in attacks using stolen credentials

News

Organizations are seeing a sharp increase in attacks using stolen account credentials, with crooks using new techniques to beat fraud detection systems, according to Gartner.

Employees are leading perpetrators of internal fraud among Singapore companies

News

Employees formed the greatest proportion of perpetrators, jumping from 47 percent to 58 percent from 2011 to 2014.

Contact center software tracks fraud patterns

NICE Systems launches its Contact Center Fraud Prevention solution, which tracks fraud patterns and screens all phone interactions for fraud against a watch list of known fraudsters. The solution brings together NICE Actimize’s extensive expertise in fraud with NICE’s years of experience in the contact center. The solution can be deployed as a standalone contact center solution or as part of the NICE Actimize enterprise fraud offering.

Banks urged to embrace new approach to fight fraud

FICO urges Asian banks to adopt a new approach for protecting customers and managing risk across all product lines, channels, and lifecycle stages. This recommendation was the theme of the FICO Asia Pacific Head of Fraud conference, at which nearly 30 banking fraud and risk executives representing nine countries across Asia Pacific met to address the growing sophistication of criminals who commit fraud.