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
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 more3 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
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
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
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
Cyber security is not just about information, needs education and behaviour change
by Kylene Casanova
Do you have ‘blanket’ policies that are applied indiscriminately to all kinds of data sets rather than a need to know? Don’t wait until your shareholders sue you for lying about cyber security
E-commerce authentication moving to 3-D secure 2.0 Protocol but concerns raised
by Kylene Casanova
New protocol to be introduced in 2018 as card fraud keeps on growing as losses in 2015 up 20% to 6.21¢ per $100 card spend, but will new protocol make checking out easier/faster?
What can corporate/banking scandals tell us about corporate culture?
by Kylene Casanova
It's all too convenient to blame a rogue employee for a corporate or banking fraud. But when the scandal involves 1000s of staff members, the organisation has to look at its whole ethical culture.
Four out of 10 cyber criminals prefer payment cards
by Kylene Casanova
Financial fraud in the first half of 2016 in the UK grew by a quarter, totalling £399.5 million, according to figures from Financial Fraud Action UK.
Treasury focused on fraud, fintechs and real-time, 24/7 payments
by Kylene Casanova
What do treasurers actually need to think about for the future? An innovative industry collaboration, Journeys to Treasury, aims to discuss and shed some light on the real challenges facing treasury.
Fraud prevention report: use holistic approach & machine learning + beware DarkNet
by Kylene Casanova
Fraud prevention is a combination of processes and systems. Each company has to develop their own strategy for minimising fraud
Money laundering - worth over £90bn - is security threat to UK
by Kylene Casanova
Cyber crime and high-end money laundering are among the top five threats to the UK, according to a report by the National Crime Agency.
Regulators must do more to protect against bank transfer scams
by Kylene Casanova
Which? has made made a 'super-complaint' to the UK's Payment Systems Regulator, asking whether banks and regulators should do more to protect against payment fraud.
Who to collaborate with to prevent fraud? Who should you tell when you’ve been hacked?
by Kylene Casanova
Fraud incident every 15 seconds in the UK shows the need for collaborative initiatives - but with whom? And how do you tell shareholders and authorities that you’ve had a cyber attack?
Two factor biometric authentication is essential to survive fraud tsunami
by Kylene Casanova
Survey shows that in corporate treasury department biometrics will be welcomed but staff prefer/expect two factor authentication