fraud mitigation | Security Magazine

Items Tagged with 'fraud mitigation'

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Global News

Financial sector prepares for new payment security guidelines

November 8, 2023

With increasingly digital payment methods, financial institutions are working to protect consumer data and improve payment data security.

Financial fraud prevention strategies

Listen to Michael Jabbara, Vice President, Head of Global Fraud Services at Visa, in this podcast episode.

Security Staff

June 28, 2023

Michael Jabbara, Vice President, Head of Global Fraud Services at Visa, covers the evolution of the financial fraud landscape and more in this episode of The Security Podcast.

How organizations can navigate an evolving fraud landscape

Rebecca Herold

May 19, 2023

New and emerging types of technologies with insufficient-to-no security controls are being widely adopted by organizations of all types, bringing more fraud pathways.

2022 saw fewer recovered fraudulent fund transfers

Security Staff

April 27, 2023

A new incident response report analyzing data breach statistics found that the number of incidents was almost identical in 2022 and 2021.

Account takeover named top fraud risk for businesses

October 13, 2021

A new study from BioCatch, the "2021 Fraud Transformation Survey: Detecting and Preventing Emerging Schemes," asked security leaders at global financial institutions about their perceptions of fraud and risk management.

remote workforce security vulnerabilities new hires

Maintaining access control for employees and preventing new hire fraud

Mike Engle

August 20, 2021

Can you prove who you’re hiring and who’s showing up everyday? With the right security solutions in place, you can.

US Secret Services creates Cyber Fraud Task Force

July 13, 2020

In recognition of the growing convergence of cyber and traditional financial crimes, the U.S. Secret Service is formally merging its Electronic Crimes Task Forces (ECTFs) and Financial Crimes Task Forces (FCTFs) into a single unified network, which will be known as the Cyber Fraud Task Forces (CFTFs).

Telecom Carriers Charged with Facilitating Hundreds of Millions of Fraudulent Robocalls to U.S. Consumers

March 30, 2020

The U.S. District Court for the Eastern District of New York entered orders in two separate civil actions, barring eight individuals and entities from continuing to facilitate the transmission of massive volumes of fraudulent robocalls to consumers in the United States, the Department of Justice (DOJ) announced.

5 Emerging Risk Management and Security Trends in Banking

Kim Loy

October 30, 2018

With the rise in cyberattacks at the forefront of the news on a near daily basis, it's becoming increasingly clear that the role of risk management and security must be elevated throughout the financial services and banking markets. Physical and IT security leaders are shifting toward a more proactive approach to security than in years' past to address and mitigate the latest emerging trend.

ON DEMAND: Business-impacting events such as severe weather, man-made disasters, and supply chain disruption are increasing in frequency and making impacts around the globe.

In today's rapidly evolving security landscape, organizations face an ever-growing array of disruptive events, security threats and risks. Traditional reactive approaches to security intelligence often leave businesses vulnerable and ill-prepared to anticipate and mitigate emerging threats that could impact the safety of their people, facilities or operations.