Although digital currencies have revolutionized the face of payments, investments, and banking, the heightened risk landscape that they operate on, brings together several features that cybercriminals value most.
This case study is about a digital currency exchange that allows users to buy and sell a variety of...
The Asia Pacific region has experienced a significant surge in online fraud due to the COVID-19 pandemic. Phishing, vishing, and smishing attacks have become rampant, with phishing attempts rising by 75% and vishing attacks increasing by 554%. Notably, bot attacks have risen by 135%. It is crucial for businesses in...
A survey of fraud executives found that 85% saw an increase in fraud losses in 2022, with the mobile channel accounting for the majority of this increase. This whitepaper explores strategies to strengthen fraud prevention and mitigate the impact of online attacks.
In the rapidly expanding digital economy, fraud...
Fraud leaders are under pressure to prevent fraud while also providing a frictionless customer experience. Email addresses are the logical front-end fraud prevention layer because they leave a trace of every online interaction. This trace can be used to assess the risk of every transaction, and it offers less friction...
Digital transactions and interactions have experienced unprecedented growth, driven by the evolving digital landscape and changing consumer behavior. The COVID-19 pandemic accelerated this transformation, compelling even traditionally offline businesses to establish a digital presence and offer mobile apps and online...
Flipkart embraced a comprehensive security maturity program that incorporated defense-in-depth, automation, zero trust and secure SDLC/security-by-design principles across its four subsidiaries. Flipkart's Raakesh Thayyil discussed the importance of a cohesive strategy.
In a recent study it is shown that 85% of customers who fall victim to identity theft and identity fraud would avoid using a brand after losing trust.
In today’s Digital World, customers expect to keep them and their digital transactions safe. Additionally identifying the person attempting to access your...
Organizations must extend identity protection beyond employees to safeguard contractors, supply chain partners, software bots and intelligent devices, said SailPoint CEO Mark McClain. Businesses struggle to keep up with what applications or data non-employee or non-human identities need access to.
Thoma Bravo has agreed to spend $12 billion on three high-profile identity acquisitions to help with the transition from on-premises licenses to cloud-based subscriptions. Vendors in the space must expand their customer success organization and shift incentives for the salesforce, said Chip Virnig.
Effective security governance in a healthcare entity is a balancing act that requires sponsorship by top leadership and careful consideration of the concerns of clinicians and others in the organization, according to Eric Liederman and deputy CISO Steven Frank of Kaiser Permanente.
The European Parliament on Thursday approved legislation creating a continentwide framework for digital identity that European leaders hope will diminish the role of big tech companies such as Google and Apple. Members of the European Parliament have pushed for additional privacy measures.
Spoiler alert: In 2022, audits found open source in 100% of our customer engagements.
Since open source usages are now so pervasive, companies are increasingly concerned about the security of applications built on the foundation of open source components. Consequently, open source security and license compliance...
Okta Identity Governance has enjoyed success in its first quarter of global availability as businesses unify access management and governance. Okta is surprised by the amount of traction its governance offering has gained with large enterprises and in competitive bake-offs, says CEO Todd McKinnon.
Today’s global fraud outlook sits at the intersection of market volatility, accelerated digital transformation and consumer vulnerability. Cybercrime-as-a-service plug and
play technology tools are making it easier than ever for even unsophisticated fraud rings to launch and scale costly attacks.
The...
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