Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. By the time the average customer realizes his/her account has been compromised, funds have already been transferred and PII (personally identifiable information) is in the wrong hands. The rise in high-impact fraud.

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Fraud Retail San Diego Cyber Security 48

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

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Fraud Data Cyber Security Risk Management 70

FICO

APRIL 7, 2016

The INFORMS conferences continue to unveil game-changing approaches that businesses are using advanced analytics such as optimization to literally transform lives and businesses. management science, and analytics. management science, and analytics. Demos, giveaways and more at Booth #3.

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Analytics Cyber Security Conference Fraud 40

FICO

DECEMBER 12, 2022

I am very glad that my role at FICO centers on AI and analytic innovation, and incorporating it into the wide range of solutions our customers use to fight fraud, scams and other financial crimes. This technology is incorporated into FICO® Falcon® Fraud Manager. The Power of Patents.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. FBI InfraGard.

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Fraud Cyber Security ATM FDIC 88

FICO

AUGUST 28, 2020

Plus, consumers don’t like passwords as a security measure. Our recent survey found that only 40 percent of people are prepared to use username and passwords for security, while password management causes people real problems. Data Security Matters. Security isn’t just about keeping data safe. Unified Approach.

Management 52

Management Security Cyber Security social media 52

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam.

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Idaho Missouri Cyber Security Fraud 153

PYMNTS

FEBRUARY 6, 2019

Espen Johansen, Visma’s operations and security manager, said he is confident that none of its customers’ networks were accessed. If you are a big intelligence agency somewhere in the world and you want to harvest as much information as possible, you of course go for the convergence points, it’s a given fact.”. “If

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Software Company Cyber Security Security 123

FICO

DECEMBER 15, 2022

I’ve previously discussed our company’s work on an Artificial Intelligence-based scams model for FICO® Falcon® Fraud Manager and the technology behind it. To build the award-winning scams model, my team had to take a different approach from our traditional work on fraud models. How FICO Can Help You Stop Scams. Scott Zoldi.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

PYMNTS

DECEMBER 21, 2016

Air Force Life Cycle Management Center, Cyber Security Engineering Division. The company’s work will include providing the Air Force with a cybersecurity assessment, analysis and research for its Defense Technical Information Center (DTIC).

US 100

US Cyber Security Virginia Analysis 100

Banking 2020

NOVEMBER 24, 2015

First the good news – banks in Britain stopped nearly £1 billion in attempted fraud in the first six months of 2015. Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3

Fraud 40

Fraud Cards Cyber Security System 40

FICO

AUGUST 4, 2020

In today’s connected world, the need for effective vendor risk management is critical. Traditionally the vendor security risk assessment process has involved a manual and cumbersome spreadsheet-and-email system that is typically slow, labour-intensive, and potentially inaccurate.

Security 52

Security Risk Management Cyber Security System 52

PYMNTS

MARCH 17, 2017

In this week’s Hacker Tracker , PYMNTS was joined by Andrew Douthwaite, VP of Managed Services for VirtualArmour , who shared insights on some of the biggest news hitting the cybersecurity space this week. This includes selling off information that is acquired or publicly revealing information that can cause damage to a brand or person.”.

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Cyber Security National Security Software 100

FICO

SEPTEMBER 18, 2020

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth. For more information, visit [link].

Cyber Security 52

Cyber Security Risk Management Analytics Data 52

FICO

JULY 28, 2020

The market for cyber insurance continues to gain momentum. A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.

Marketing 69

Marketing Cyber Security Policies Comparison 69

Bussman Advisory

FEBRUARY 21, 2018

We have seen money stolen from token launches through fraud, for example through phishing schemes or fake websites, as well as security flaws in cryptocurrency wallets. If the ICO community cannot address such cyber security issues, it will have a hard time catching on with mainstream investors. Image Source.

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Capital Cyber Security blockchain cryptocurrency 67

FICO

JANUARY 5, 2023

The CFPB has collected information from five of the top BNPL companies and issued a comprehensive industry report. CFPB Director Rohit Chopra has further indicated that he would like to see consumer protections akin to those for credit cards, including improving disclosures and fraud and dispute resolution protections. See all Posts.

Policies 52

Policies Company Regulation Risk Management 52

FICO

SEPTEMBER 25, 2017

In real terms, if you are building a supervised machine learning model to try to detect fraud, it is important to avoid the temptation to tweak it until it finds every tagged fraud in your data set. You want your model to be effective on transactions it hasn’t seen. The Sexy Features They Didn’t Want You to See.

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Training Cyber Security Data Fraud 64

FICO

DECEMBER 21, 2018

Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. Biometrics are neither fool-proof nor fraud-proof.

Cyber Security 40

Cyber Security Comparison Policies Data 40

PYMNTS

OCTOBER 20, 2016

“Adequate precautions have been taken, information security officers of all the banks and the information security officers of all three networks are in close touch with each other,” said Hota. T) subsidiary Hitachi Payment Services, which manages ATM network processing for Yes Bank Ltd (YESB.NS).

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Cards ATM Security National 100

Gonzobanker

NOVEMBER 17, 2016

While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability. My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

Tomorrow's Transactions

NOVEMBER 7, 2014

Defending critical infrastructure from attackers ranging from Eastern European gangsters to agents of foreign powers and from management consultants to the HR department is obviously crucial to organisations that want to prosper in the digital economy. Crime & Fraud People cybercrime cybersubversion cyberterrorism risk analysis'

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

NCR

MAY 3, 2016

After two years of avoiding detection, a massive cyber criminal ring was uncovered by Kaspersky Labs in 2015 dubbed Carbanak (after the strain of malware used in the group’s attacks) that infiltrated over 100 banks in 30 countries, making off with as much as $1 billion. Securing the Vault. For more information, visit [link].

Policies 40

Policies Security ATM System 40

Gonzobanker

DECEMBER 22, 2015

Bank project management offices. FFIEC’s Cyber Security Self-Assessment Tool. A phenomenally successful $50+ billion private/wealth management bank with a customer list to die for probably won’t hurt on the reference list. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). In September, the consumer credit agency Equifax reported that the personal information of roughly 143 million Americans was compromised in a data breach of epic proportions. It’s very simple.”.

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Exercises Resources Industry Cyber Security 119

PYMNTS

SEPTEMBER 13, 2018

Fraud rates are expected to skyrocket, too, with researchers projecting a nearly 200 percent increase within the next five years. We’re already using AI to analyze underlying patterns in complex market environments, and we’re enhancing client security through biometrics and fraud detection algorithms,” he said. Smarter Security.

Security 110

Security Fraud Cyber Security Data 110

PYMNTS

MAY 8, 2017

” The risks include hacks, criminal fraud and corporate espionage, and the list of potential crimes is growing, the FSB said. Parlour highlighted research conducted by the FSB last year, which he found “disturbing” — 71 percent of SMEs at the time said they had been the target of some kind of security breach.

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Data US Guidelines Cyber Security 101

PYMNTS

AUGUST 6, 2018

Singapore’s Cabinet Minister for Communications and Information S. Those groups who conduct carefully planned cyberattacks to steal information or disrupt operations are usually state-linked, the minister said. The personal information of 1.5 Iswaran said on Monday (Aug. 6) that the cyberattack that infiltrated 1.5

Cyber Security 100

Cyber Security United States Groups National 100

PYMNTS

JANUARY 6, 2020

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! Get ready, then, for a scramble from chief information security officers and their teams to shore up various sites — on-premise and in the cloud.

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US Las Vegas Cyber Security Los Angeles 131