PYMNTS

JULY 24, 2020

As the chief technology officer of identity verification solution provider Mitek , he said he knows that question had an easy answer in the past. Just as a fraudster might use a popular celebrity to get people to open their phishing emails, they’re going to use COVID for the same thing. For Stephen Ritter , the question “Who are you?”

Verification

PYMNTS

APRIL 15, 2020

And, both Srinivasan and Awad noted, fraudsters aren’t merely proactive — they’re creative when it comes to varying their tactics and technologies to expand the scale of attacks. They’re sending bot armies against log-in pages to brute-force passwords out of them.

Online and Mobile Banking

Stax

MARCH 4, 2024

Identifying and Mitigating Payment Security Threats Phishing scams, social engineering, bot attacks—these are just a few of the most pressing cybersecurity threats that can be so devastating they have real-time effects. Blockchain technology is another technology used to advance payment security. Contact us to learn more.

PCI DSS

PYMNTS

JUNE 12, 2019

This technology can be used to verify your sign-in to Google and Google Cloud services on Bluetooth-enabled Chrome OS, macOS, and Windows 10 devices. Starting today (June 12), you can use your Android phone to verify your sign-in on Apple iPads and iPhones as well.”.

Authentication

PYMNTS

FEBRUARY 13, 2020

Cybercrooks are activating millions of fake identities they’ve patiently created on the most popular social media sites, phishing for personal info, posing as legitimate connections, and basically causing havoc. Private industry and government agencies have had enough, and they’re mobilizing.

Verification

Trade Credit & Liquidity Management

APRIL 29, 2025

From falsified executive communications and synthetic identity fraud to manipulated financial documents and reputational sabotage, deepfake technologies now pose a direct threat to organizational trust, investor confidence, and regulatory compliance.

Deepfake

PYMNTS

DECEMBER 19, 2019

In the third quarter of 2019 alone, mass “bot” attacks on FIs and card accounts rose by 70 percent year on year, indicating that fraud is getting, well, faster. The stakes are high, and tech is the weapon of choice in fraudsters’ ploys to gain access to sensitive data and drain accounts as they seek to exploit consumers’ trust in their CUs.

Credit Union

Seon

MAY 8, 2024

Fueled by technology advancements and the widespread availability of affordable cloud computing, this evolution has democratized the ability to launch large-scale cyberattacks and fraud schemes, enabling virtually anyone to orchestrate them. This is where you can integrate residential proxy detection to bolster bot attack mitigation.

Online and Mobile Banking

PYMNTS

FEBRUARY 19, 2020

Amazon is at the center of two recent incidents, one that exposed the personal info of almost 1,600 Ring door camera users, and another where phishing emails bearing a very convincing Amazon logo resulted in theft. Bottom line: Fraud losses are expected to hit $48 billion annually by 2023 – more than double the 2018 losses. Sealing It.

Law Enforcement

PYMNTS

MARCH 6, 2020

Businesses’ widespread API use makes the technology a lucrative target for cybercriminals, but firms cannot afford to miss out on their advantages and thus must effectively safeguard them. They also need to ensure that only authorized entities can access their APIs, as the technologies can provide data that fuels fraud. percent of U.S.

API

Seon

JUNE 21, 2023

Like any online account, virtual credit card accounts, the mobile wallets they are kept in, and even the online bank accounts they may be connected to are vulnerable to account takeover (ATO) fraud , phishing, and more sophisticated attacks, such as man-in-the-middle attacks.

Credit Cards

PYMNTS

MAY 2, 2017

First, it was all about the bots on Messenger and AR/VR at F8. In Facebook’s last earnings call, Mark Zuckerberg noted consumers are likely a decade away from the full potential of VR technology. Of the former, Facebook recently announced that Messenger surpassed 1.2 At the end of March , the U.S.

Business Email Compromise

PYMNTS

NOVEMBER 27, 2019

Customers and retailers are not the only ones being targeted, either: Fraudsters are also using automated bots to trick advertisers into paying money for false marketing impressions. Cybercriminals are thus increasingly turning to online platforms to perpetuate card-not-present (CNP) fraud. Deep Dive: The Dangers Of Reshipping Fraud.

Point-of-Sale (POS)

FICO

MAY 27, 2022

Evolving technology (bots, cloud infrastructure and virtual machines) has enabled criminals to submit fraudulent applications at scale to different organizations. . It remains one of the top three fraud attacks, alongside phishing and card testing. Application fraud soared during the pandemic and continues to grow today.

Identity Theft

FICO

JANUARY 19, 2022

By using bots to create digital art and ascribing them to a fake identity that hides behind a nickname, you can achieve nearly peak anonymity. Banks can deploy additional sophisticated technology measures to reduce card fraud. Phishing attacks are on the rise during the pandemic. Fake webpage for Royal Mail.

Financial Crimes

PYMNTS

MAY 27, 2016

We don’t like that bots are sizzling, mind you, but they are, unfortunately, on fire. I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing.

SWIFT

CB Insights

JULY 20, 2017

Others companies in this subcategory include Zenedge , which offers a cloud-based, AI-driven Web Application Firewall (WAF), malicious bot detection, and DDoS cybersecurity solutions. SecureKey Technologies develops hardware and software for secured authentication and payment solutions. Bangsun Technology. Primary Category.

Cybersecurity

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Posting

PYMNTS

APRIL 24, 2018

With the advent of technology and the prevalence of online shopping, the term eCommerce fraud has become more general and more vague. Then, there’s classic email phishing which uses social engineering to persuade customers to divulge their personal information. Under it, there are numerous types of categories and attacks.

Breach

CB Insights

MAY 3, 2018

Consider: Political-bot armies or fake user “sock puppets” are targeting social news feeds to computationally spread propaganda. Online, the line between truth and falsehood is looking fragile as AI researchers develop technologies that can make undetectable fake audio and video. Automated laser phishing.

Bots

Fintech News

MARCH 9, 2025

This collaboration addresses growing concerns about fraud and phishing scams in Singapore, where the Financial Industry Disputes Resolution Centre has reported a rise in related claims. This addresses risks including bot sign-ups and fraudulent activity. said Deepak Sarda, Chief Technology Officer at Endowus.

Security