The FBI and CISA warn that hackers are increasingly using voice phishing, or vishing, to target employees who are working from home due to the COVID-19 pandemic, steal their credentials and other data and use the information to launch other attacks or to steal financial data.
Card-not-present fraud is rising as fraudsters inject malware into e-commerce websites to harvest account information, says Gord Jamieson of Visa. But the artificial intelligence models used to detect this fraud need to be refined to better mitigate this threat, he says.
With the rapid shift to mobile, learn how location behavioral biometrics is providing a competitive edge for banks, fintech and mcommerce companies in the fight against fraud. Using each user's unique location behavior pattern, Incognia behavioral biometrics creates a dynamic location fingerprint, unique to each...
As the retail and restaurant industries get back to work, there are concerns over how best to protect payment card and customer data as contactless technologies grow in popularity, says Courtney Radke of Fortinet, who offers strategies to mitigate these risks and comply with regulations.
The breach of e-commerce retailer LaCie is the latest indicator that more fraudsters are targeting online merchants because card-not-present transactions are particularly vulnerable.
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