Country treasurer involved in $100m fraud in a “sophisticated criminal scheme” at ABB
by Kylene Casanova
Shows fraud can happen anywhere, as Swiss engineering company says South Korean corporate treasurer suspect went missing on 7 February
Fraud Prevention
Background
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 more7 tech trends set to change business in next 2 years
by Kylene Casanova
The main technology themes that will shape the future of business in this era of rapid technology developments. Companies that don't adapt and adopt risk becoming obsolete
Will these products stop your concerns: “Are they actually who they say they are?”
by Kylene Casanova
Thomson Reuters launch new solutions: to streamline the identity verification process – CLEAR ID Confirm and an Authenticator multi-factor authentication app
Financial processes targeted by ‘invisible’ cyber attacks
by Kylene Casanova
A report by Kaspersky Lab has uncovered a series of “invisible” targeted attacks that don't use malware, just legitimate software already on your system
Identity fraud in US cost $16bn, with 15.4m victims in 2016
by Kylene Casanova
The number of identity fraud victims increased by 16 per cent in the US last year, affecting 15.4 million people, while the amount stolen increased by nearly one billion dollars to $16 billion
3 obstacles to making the best workplace decisions
by Kylene Casanova
It can be difficult to maintain ethical standards and make the right decisions in real-life business situations, for example in breach of trust cases or insider trading. How can companies address this?
6 cybersecurity predictions for the year ahead
by Kylene Casanova
At the beginning of last year Stroz Friedberg made several predictions for 2016, some of which came true. For the year ahead, the risk consultancy firm makes the following six predictions
Global profiles of the fraudster - How they do it and how to fight back
by Kylene Casanova
KPMG study shows that technology and weak controls fuel global fraud
KPMG Fraud Barometer shows fraudulent activity in UK was over £1bn again
by Kylene Casanova
Cyberfraud increased massively as profit oriented cyber-criminal enterprises emerge
What is the future of bank customer identity authentication?
by Kylene Casanova
Secure customer authentication methods are needed for omni-channel payments and banks are increasingly adopting biometric and other alternative forms of authentication
Despite the volatility, is it time to reconsider Bitcoin?
by Kylene Casanova
With headlines this week telling us 'Bitcoin is getting demolished', it's natural to continue giving the cryptocurrency a wide berth – but there are reasons to reconsider the advantages of Bitcoin
Online authentication and fraud prevention suppliers 2017
by Kylene Casanova
THE PAYPERS “Web Fraud Prevention and Online Authentication Market Guide 2016/2017” shows solutions available today
Fraud in 2017 is going to get worse for banks and corporates
by Kylene Casanova
How to prevent this happening in your organisation
Human error and mobile devices pose threat to company data
by Kylene Casanova
A study by Kaspersky Lab focuses on the damage resulting from a cybersecurity incident, with the main threat being the exposure or loss of sensitive company or client data
Cybersecurity: the only solution that works + “striking right balance” when hacked
by Kylene Casanova
Holistic approach across whole company and supply chains + integrated behavioural systems TO REALLY TACKLE FRAUD
UK payments regulator takes action on APP scams
by Kylene Casanova
The Payment Systems Regulator warns that authorised push payment scams are a growing concern, saying that more needs to be done to address the problem.
How will risk management change in 2017?
by Kylene Casanova
How can risk be a 'performance driver' or 'value creator'? Technology is set to change the way companies think about risks and here are six risk management trends to watch out for next year.
12% rise in cyber theft of financial data
by Kylene Casanova
Companies are more confident of being able to detect and protect themselves from a cybersecurity threat but their plans to recover in the aftermath of one are inadequate
3 ways the US must improve its AML/CFT framework
by Kylene Casanova
Lack of clear data on beneficial ownership is named as one of the “serious gaps” in the US anti-money laundering regime, according to FATF's first Mutual Evaluation report in 10 years.
Holistic approach to fraud and cyber security is vital
by Kylene Casanova
Banks are developing new holistic multi-layered approaches to catching and preventing cyber fraud
7 cyber threats for 2017: payment systems at risk
by Kylene Casanova
Kaspersky Lab, the global cybersecurity firm, has published its threat predictions for 2017, which includes the commoditisation of financial attacks and the compromise of payment systems.
New collaboration to help corporations meet regulations & fight cybersecurity risk
by Kylene Casanova
Thomson Reuters, Pillsbury, and FireEye combine to provide integrated legal counsel, technical assessments and legal managed services to help meet a variety of internal, external and regulatory standards
What risks does blockchain technology present?
by Kylene Casanova
Research suggests that distributed ledger technology could pose some serious risks and threats to personal data privacy and could be vulnerable to denial of service or other cyber attacks.
Cybersecurity requires simple legislative action, not just grand gestures
by Kylene Casanova
Common sense is the missing ingredient in countries’ cybersecurity strategy