Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…
Read moreby Bija Knowles
What digital threats do companies face today? Ignoring new software security patches, unsupported systems and a lack of strong permission and user access controls are all part of the problem
by Bija Knowles
Companies are getting better at preventing cyberattacks on their data and IT systems, with 87 per cent of attacks now being blocked, compared to 70 per cent in 2017
by Jack Large
Latest AFP survey shows that US fraud still growing: here are key techniques and tools to cut your payment fraud
by Bija Knowles
Most financial organisations are already adopting blockchain technology or are considering how to do so. And the CFO is often the primary decision-maker for new blockchain-based fintech
by Bija Knowles
Payments fraud touched a new high last year, with almost 80 per cent of all companies reporting at least one case of payments fraud in 2017, according to the 2018 AFP Payments Fraud Survey
by Bija Knowles
FTSE 100 firms are upgrading their approach to cyber risks by appointing IT security experts to executive boards but only a fifth are reporting on how they test for cyber risks internally
by Bija Knowles
The 'It won't happen to me' mentality is misplaced and complacent when it comes to cyberattacks that disrupt business operations – and many firms believe competitors are behind DDoS attacks
by Bija Knowles
Big data enables far more detailed, tailored analysis of performance, behaviour and markets – but what are the potential risks? A report highlights some of the dangers – as well as the benefits
by Bija Knowles
Ransomware attacks are becoming more common and companies of all sizes are at risk – but the answer could lie with training for employees
by Bija Knowles
Are you an emotional treasurer? If so, you might be at more risk of giving away sensitive security information
by Jack Large
Behavioural biometrics is now effective, proven, and long lasting
by Jack Large
Reported global economic crime hits record levels
by Bija Knowles
What are some of the key technology trends likely to disrupt business over the next three years?
by Bija Knowles
Cybercrime has a greater impact on financial services than on any other industry, with greater costs and a higher attack rate, according to research by Accenture and the Ponemon Institute
by Bija Knowles
Last year, identity fraud rose to record levels in the US, affecting about seven per cent of American consumers. These five actions can help to protect both consumer and business accounts
by Bija Knowles
Companies have a roughly 50 per cent chance of being targeted by cybercrime but few are highly prepared – and new research shows the more spent on IT, the better protected the organisation
by Bija Knowles
With huge databases of personal security credentials and passwords now publicly available on the dark web, emails are an increasingly unsafe way to conduct financial business
by Jeremy Gram , Senior Associate, Prescient
Prescient show that simple database checks in due diligence programmes are often not enough to unravel who really owns a company
by Kylene Casanova
Book by Gerard Blokdijk provides a Fraud Analytics roadmap on how to understand and move forward in the right direction, based on verifiable data
by Kylene Casanova
Self assessment in fraud control is essential in war against all kinds of fraud - cyber fraud, occupational fraud, corruption and bribery, etc.
by Kylene Casanova
Kroll’s 10th Annual Global Fraud & Risk Report 2017/18 shows that there are major repercussions from current levels fraud-related losses; confidential information is increasingly under threat
by Kylene Casanova
Most lucrative time for a fraudster or criminal network is the period right after a breach has happened, and before it has been discovered or reported
by Bija Knowles
Chief financial officers are faced with expanding responsibilities when it comes to driving corporate growth – but taking cost out of the business is an overall priority
by Kylene Casanova
Remove TRUST GAPS between board & company & business units & IT cybersecurity & external vendors/suppliers & government AND with technology providers
