Should behavioural biometrics be used in corporate treasury department?
by Jack Large
Behavioural biometrics is now effective, proven, and long lasting
Minimizing Payment Fraud
Background
One of the biggest sources of fraud in most organisations is payment fraud. Typically the biggest sources of payment fraud are from: cheques particularly in accounts payable and disbursement accounts.…
Read moreDon’t trust anyone - check them out, particularly your vendors
by Jack Large
7 questions from ProcessUnity you need to ask whether your Vendor Risk Management systems and processess are good enough
PwC survey shows your biggest dangers are from your own staff and your frenemies
by Jack Large
Reported global economic crime hits record levels
5 actions to protect accounts from fraud
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
More than IT investment needed to protect firms from cyberattack
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
Email fraud comes at a high cost: who’s to blame?
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
Know and understand yourself, or fail in fraud control
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.
All-time high incidence of fraud, cyber incidents, and security breaches
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
ThreatMetrix Cybercrime Report 2017: Digital ID is key to minimising cyberfraud
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
CFOs focus on reducing operational costs
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
10 corporate priorities for 2018: cyberattack is #1
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
Essential guidelines in the fight against corporate corruption
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
Get the ‘Cloud zoo’ under control to keep data secure
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
6 ways to tackle insider threats to your cybersecurity
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'
Hacking is a huge industry; do you have a grip on cybersecurity?
by Bija Knowles
Panellists in the 'Fighting fraud' session, at BNP Paribas's Cash Management University in Paris last week, said that the problem is probably even bigger than we imagine
New and important ideas for preventing cyberfraud
by Jack Large
A button to report suspicious e-mails, use hackers to expose your vulnerabilities, real-time monitoring, biometric authentication + prevention methodologies
The dark side of Black Friday and Cyber Monday
by Bija Knowles
There are some pretty good reasons to avoid having anything to do with the cut-price spending splurge but retail businesses take a double-hit of discount fatigue and increased fraud risk
Cybersecurity is Achilles heel of Asian corporates
by Bija Knowles
Nearly half of all Asia Pacific corporates have experienced a cybersecurity threat in the past year but only 15 per cent are certain no breach has occurred
Actions for next week: Cybersecurity - How to protect yourself from The Human Factor
by Dan Blumen , Founding Partner, Treasury Alliance Group
All the technology in the world won't protect you from 'staff leaving gate unlocked'. Complete set of policies backed by procedures to protect department are needed
Don’t do an Uber; prepare for the aftermath of a data breach
by Bija Knowles
Few corporates are confident of their ability to detect sophisticated cybercrime but a strategy to respond to a data breach and comply with legal obligations should be part of every corporate plan
53% of companies would change a third-party relationship if risk was too high
by Bija Knowles
High-profile cyberattacks and new cybersecurity-related regulations are changing the way companies are viewing not only their own cybersecurity risks, but also those of third parties
“Large-scale quantum computing could render current cybersecurity systems futile”
by Jack Large
Quantum computing is requiring an overhaul of our cryptographic tools, claims ISARA, nevertheless discipline to avoid self-inflicted fraud still needed
How confident is your bank on preventing fraud?
by Bija Knowles
The 2017 Faces of Fraud Survey, conducted by iSMG in collaboration with Vasco, suggests that the majority of banks (87 per cent) don't identify fraud in real time
UK Finance warns of push payment scams danger
by Bija Knowles
UK Finance, the association for the UK banking, payments and financial sectors, has warned that companies and consumers lost more than £100 million to transfer scams in first six months of 2017