Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
With the rising number of digital identity fraud cases in Asia Pacific, understanding the types of fraud and exploring ways to prevent it while ensuring a smooth and seamless experience plays an important role in your business.
While there’re no foolproof ways in stopping fraud completely, early detection and...
In the today’s digital world, when so much of our lives are online, identity verification and authentication are critical to addressing fraud-related risk management challenges. To prevent fraud and protect your business and your customers, you must be certain the people you are dealing with are who they represent...
A recent study shows that 85% of customers would avoid using a brand after losing trust. There is also an emotional impact to identify theft. As a security leader, you do not want that pain associated with your brand.
From login to purchase, it’s critical to know who the person is behind the OTP and know if they...
Account takeovers (ATO) and financial fraud demonstrate that losing trust in a brand can come anywhere along the customer journey. A study found that 28% of customers would stop using a site or service if they experienced a
n ATO. Conversely, when consumers trust your brand, they are 7 times more likely more to buy...
In 2021 alone, fraudulent accounts increased by 70% and synthetic identity fraud losses grew to $20B.
From onboarding and answering product questions to providing ongoing support, customers expect and deserve safe and secure communications. Every communication carries the potential for building trust and...
Even powerful brands are not immune from fake users; in fact, they are often the most prominent targets. In Q4 of 2021 alone, Facebook removed 1.3 billion fake accounts.
Today, most ecosystems are littered with fake accounts set up to steal confidential information, post fake product reviews, spam legitimate...
Today’s sophisticated cyberattacks combine multiple tactics that include social engineering, zero-day malware and 3rd party OAuth app abuse. Threat actors employ tactics across email, cloud and web that target specific people in your organization to breach your environment and access sensitive data. Hybrid work...
From the billions pumped into unemployment and other economic relief programs during the pandemic to competitive marketing campaigns designed to increase customer acquisition, fraudsters have never had a better incentive to commit new account fraud. This session will highlight the problems financial institutions are...
Skyrocketing attack rates, double and triple extortion, increasing ransom demands… cybercriminals are inflicting pain in every way imaginable when it comes to today’s ransomware attacks. And you need to be prepared to protect your network, NOW.
Find out the steps you need to take to minimize damage to your...
Microsoft says it has seized control of 65 domains that the ZLoader gang has been using to grow, control and communicate with its botnet. ZLoader, a descendant of the ubiquitous Zeus banking malware, is run by a global, internet-based, organized crime gang operating malware as a service.
As organizations are adapting to rapid increases in digital transformation and the use of cryptocurrency, which has revolutionized how payments, investments, and banking are done, this means fraudsters are even more hard at work to exploit weaknesses.
The cryptocurrency landscape operates under increased risk of...
Download this whitepaper to dive into how organizations can build next-generation fraud defences using layers of defense to detect application fraud.
Read on topics including:
How to leverage intelligence across multiple channels;
Analysis on behavioural biometrics and their uses;
High risk patterns of...
Many organizations face an upward battle when detecting and preventing fraud.
Download the whitepaper to find out the top 10 trends to watch in the year ahead.
Learn more about:
How the effects of the pandemic propagate new fraudulent scenarios
What attributed to the staggering $5.4 trillion global cost of...
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