Tag: Fraud & Identity

The increasing focus on moving customer interactions to digital channels means that strong cybersecurity discipline is more important than ever, as it provides a target for cybercriminals to attack. The threat landscape continues to evolve, criminals are looking to repurpose attacks used against banks to target new institutions such as insurers, e-retailers and the healthcare …

Most e-commerce stores provide customers with accounts that store personal information, financial data and purchase history. Perpetrators often hack into these accounts through phishing schemes. In one of the most common tactics, fraudsters send emails to trick customers into revealing usernames and passwords. They then log into your customers’ accounts, change the passwords and make …

There are many types of online fraud attacks that hit businesses hard such as phishing scams, ID theft and many more. These attacks are a savvy mix of social engineering and identity theft that manages to trick individuals into revealing their personal information. In the most common phishing scams, fraudsters contact victims and pose as …

Digital modernization gives traditional banks a second chance. A smart, enterprise-wide approach positions them to deepen customer satisfaction and loyalty, driving long-term relationships and profitability. Strong financial products and services are still essential. Digital banking is the move to online banking where banking services are delivered over the internet. The advantages for banks and customers …

The payment approaches via the internet and the network are growing at a furious pace. In this way, the variety of electronic payment systems consists of numerous types to achieve a strong level of security. However, in parallel, the attacks procedures and strategies are as advanced as security solutions. Identity theft is a crime in …