Governments globally are intensifying anti-scam measures, introducing new guidelines to banks, telecom providers and other key sectors to bolster security controls and mitigate fraud risks for consumers and businesses. Some new frameworks threaten to levy stiff penalties for non-compliance.
The question on the top of everyones mind, continues to gain momentum as we see more sophisticated AI-driven fraud schemes. Can AI reach an autonomous level where it assumes control of itself?
This session will cover current identity and fraud threats utilizing AI threats, and just how far they can continue to...
Russian national Georgy Kavzharadze, 27, has been sentenced to serve 40 months in U.S. prison after pleading guilty to earning over $200,000 by selling stolen U.S. bank account access credentials via the illicit Slilpp stolen-credential marketplace.
Your secret weapon to combat cyber threats might be just under your nose! Cybercriminals continue to exploit vulnerabilities while upping their game with new and more sinister attack methods. The human firewall is your cybersecurity ace in the hole.
But how resilient are your users when it comes to fending off...
Account takeover fraud in the financial services industry is declining in contrast with other industries such as retail and hospitality. Researchers at Human Security attribute the nearly 50% reduction to one of the basic controls in cybersecurity: multifactor authentication.
High-profile fraud threats are escalating as AI-driven schemes become more sophisticated. Cybercriminals are leveraging advanced AI to create convincing synthetic identities, deepfakes, and zero-click malware, leading to unprecedented financial losses for businesses and high-net-worth individuals. The FTC reports over...
Organizations globally are seeing exponential increases in online identity threats now sourced from AI-generated content on the Dark Web. This is causing financial losses to consumers and businesses that are actively being targeted. The FTC disclosed “consumers reported losing more than $10 billion to fraud in...
Abnormal Security co-founder and CEO Evan Reiser explains the company's evolution from email security to comprehensive human behavior security. He highlights new capabilities to protect against account takeovers and the use of AI to monitor SaaS applications such as Salesforce and Slack.
Microsoft’s native and add-on email security capabilities help to protect against basic threats, but they aren’t enough to ensure full protection. Learn how a multi-layered human-centric security strategy can augment Microsoft 365 to defend against modern threats like business email compromise, advanced phishing,...
Social engineering and phishing are not just IT buzzwords; they are potent threats capable of causing devastating damage to your organization. Bad actors and the technology they use to infiltrate your defenses are evolving at lightning speed. The only way to safeguard your assets and data is to stay ahead of the game...
SIM swap fraud continues to cause substantial financial losses for both consumers and financial institutions, undermining the integrity of the financial ecosystem. In the UAE, the banking industry has incurred considerable losses from SIM swap fraud. But a strategic approach has stopped it.
In the cloud, proof of identity is all that you need to access private resources - even if that proof is stolen.
Welcome to the identity crisis!
In the case of Microsoft 365, the attack surface is about 345 million identities and counting, making it a tantalizing target for cybercriminals who want to cash...
The digital payment landscape is undergoing transformative growth, with cybersecurity at its core. Dharshan Shanthamurthy, CEO at SISA, discussed the urgency of addressing cybersecurity in an industry that is not only lucrative for businesses but also for motivated criminal gangs.
More and more in society, deepfake technology leverages artificial intelligence to create convincing fake audio and video clips and is evolving rapidly. These technologies not only pose significant threats to personal and organizational cybersecurity programs, but also present unique challenges and opportunities in IT...
Fraudsters are seeing more opportunities to exploit both credit unions and members as adoption of digital financial services increases in North America. Across the region, over half of credit unions report increases in account takeover fraud (63%), synthetic identity fraud (58%) and card-not-present fraud (53%).
The...
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