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 moreby Bija Knowles
EMV has tackled card fraud but criminals are focusing elsewhere, including prepaid cards and online ID verification methods, aided by data breaches and the criminal exchange of consumer data
by Bija Knowles
Despite more than US$11 billion of financial penalties issued since 2012, 38 per cent of global executives still believe bribery and corrupt practices remain prevalent in business
by Bija Knowles
Greater organisational collaboration in the financial services sector and working alongside law enforcement and government agencies are central to beating cyber criminals
by 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 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
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 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 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
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 Kylene Casanova
Remove TRUST GAPS between board & company & business units & IT cybersecurity & external vendors/suppliers & government AND with technology providers
by Bija Knowles
Cyberattack is the greatest threat to markets in 2018 but company directors should also be focusing on corporate social responsibility, boardroom diversity and shareholder activism
by Bija Knowles
The International Chamber of Commerce has launched a tool to provide guidance for companies on corporate responsibility, due diligence and how to tackle corruption
by Bija Knowles
The adoption of Cloud-based services and a lack of well-defined security strategies are two of the factors that mean companies are struggling with their data. GDPR will make this an urgent matter
by Bija Knowles
Hackers aren't always to blame for corporate security breaches. Research suggests that two in five data breaches are not caused by external cybercriminals but by an 'insider threat'
