article thumbnail

AI fraud challenges: How to guard against losses

Abrigo

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. Best practices Addressing AI fraud in your policies AI fraud can be particularly tricky because it impacts how financial institutions verify customers’ identities.

Fraud 150
article thumbnail

Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. But how did Cybersecurity Awareness Month start? And what does it mean for banks and credit unions? Stay up to date with cybersecurity threats.

Online 221
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Zuckerberg Talks Guidelines For How To Regulate Facebook

PYMNTS

Speaking before a conference of government and security officials at an annual security conference in Munich, Zuckerberg made the case that his website is different from a traditional news outlet where the content would be more heavily scrutinized and he’d be held accountable.

article thumbnail

Two Perficient Colleagues Quoted in Forrester Report on Emerging Insurance Technologies

Perficient

According to Forrester, critical event intelligence is defined as an “Intelligence that uses real-time data from sources such as social media, blogs, news feeds, online forums, IP addresses, latitude and longitude, and device GPS to assess potential threats from location-specific events, especially for physical risk.” .”

article thumbnail

Upcoming FTC Workshop to Address Advertising and Data Security

CFPB Monitor

The workshop will cover a broad array of topics within the FTC’s jurisdiction, including truth-in-advertising law, social media marketing, data security, business-to-business fraud, and other business basics. The Truth About False Advertising (an overview of the FTC’s truth-in-advertising expectations).

article thumbnail

A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements

PYMNTS

This change has prompted more compliance-related questions from SMBs, however, and ePayments provider Ingenico has crafted an SCA suite that leverages online security protocols to assist firms with following the requirements. Data privacy and security continue to be top priorities for many regulators, too. however, notably SCA.

How To 239
article thumbnail

Twitter Chat: How to Handle a Social Media Crisis

William Mills

But with the sharp rise in social media, crises can leave a nasty scar if not handled appropriately. For a second consecutive year, WMA participated in a #BankOnSocial Twitter Chat, moderated by WMA-client Kasasa, to discuss how to effectively manage a social media crisis. Sometimes written responses are fine.