Attack the Humans! They are to blame for much of corporate finance scams
by Kylene Casanova
Verizon’s data breaches report shows the dynamics of cyber fraud and what to do about breaches in each industry sector
ID Systems & Services in Fraud Prevention
Background
Regulatory compliance, combined with the globalization and the online nature of business today has made identity management a major issue. One of the biggest problems in preventing fraud is being sure…
Read moreKYC alone is not enough to prevent AML and other fraud types
by Kylene Casanova
“Know your transaction” and “KYC recency” are vital, but will it ever be achieved? How are corporates going to do this?
Cyberattacks using ransomware up 50%, financial services at risk
by Kylene Casanova
Ransomware attacks on companies increased by 50 per cent last year - and financial services is most-targeted industry
Four global trends that will alter how we fight financial crime
by Kylene Casanova
Regulation, political turbulence and evolving operational challenges are making 2017 a challenging year for those in the front line in fighting financial crime – including corporates and banks
e-commerce reaching limit?: USD 2.9 trn Chinese payments but UN trust concerns
by Kylene Casanova
Alipay, Wechat Pay made record USD 2.9 trn online payments in China in 2016, whilst another UN survey reveals that Internet users are increasingly concerned about their online privacy and lack of trust in e-commerce
Does your board need to be trained on cybersecurity?
by Kylene Casanova
NACD online training course might be just what they need
4 cybercrime trends: data breaches up 86%, only 6% of data encrypted
by Kylene Casanova
2016 saw a huge increase in data breaches, which increased by 86 per cent compared to 2015, with almost 1.4 billion data records being compromised worldwide during 2016
Are your payments safe from these 8 cyber risks?
by Kylene Casanova
Do you know the eight types of cybercrime that could affect your payments and financial operations? An EPC report gives some detailed analysis on how to mitigate cyber fraud risks
What do Chinese toilets tell us about cyber attacks?
by Kylene Casanova
A news story about facial-recognition software used to dispense loo-roll in China reminds us that technology may not always be able to overcome human fallibility
The end of the dongle? The end of the token? ……. NOT YET
by Kylene Casanova
CitiDirect BE® enhances clients’ experience by leveraging their personal mobile devices for convenient, secure authentication
To buy or to build? Key questions on choosing a fraud management tool
by Kylene Casanova
A report by Kount looks at the pros and cons of buying compared to building a fraud prevention system, concluding that there are instances where companies can benefit by building components in-house
In fraud & corruption, organisations prone to believe ‘alternative facts’
by Kylene Casanova
Study finds large disconnect between perception and reality of fraud in most organisations
How SWIFT is helping banks to respond to cybersecurity breaches & vulnerabilities
by Kylene Casanova
SWIFT Security Bootcamp Singapore 2017 - build capability to respond to banking cyber threats
Post ABB fraud: Use these checklists to save your job
by Kylene Casanova
Have you checked your corporate treasury department security gaps? Constant vigilance and improvement in controls & procedure is essential, even well run companies are vulnerable
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
7 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