Financial services are high-value targets for cyber-criminals. End-user credentials, personal and business account data are the information needed to carry out fraud successfully.
Mobile Malware is real and spreading. Following the trend of several services to go mobile, fraudsters are moving very fast from developing PC’s malware to smartphone ones.
Money Mules are people who, often without knowing it, have been recruited as money laundering intermediaries for criminal organizations. Mule Accounts are a severe risk to Payment Service Providers.
When it comes to Authentication, Behavioral Biometrics allows us to associate a unique profile to a user to recognize it while accessing the service. The goal is to prevent Account Takeovers.
Account Takeover is one of the most common threats to financial services and e-commerce, consisting of reputational damage and monetary cost. Despite that, many merchants lack security measures.
Application Fraud is a form of identity fraud that involves a fraudster applying for a new account in an online service using stolen or synthetic identities to commit fraudulent activities.
E-Commerce Fraud is an illegal or false transaction made in a webshop. The latest period surge in online purchases has naturally resulted in a greater need for e-commerce Fraud Protection.
The IoP is the phenomenon that enables payment processing over IoT devices such as automobiles, appliances, and wearables. That progress creates more excellent opportunities for fraud and loss.
The new Payment Services Directive 2 (PSD2) has introduced security requirements for digital payments and the protection of consumers’ financial data to guarantee a more reliable level of security.