Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. But to beat highly organized fraudsters at their own game, financial institutions (FIs) must band together to build an ironclad defense, says Chris Tremont,...
Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the financial industry specifically. Compromised credit card fraud increased 212 percent year over year in 2019, while customer credential leaks increased...
Industries are abuzz with the fast-growing potential of machine learning — a form of artificial intelligence that allows programs to change, adapt and, obviously, learn from new data without requiring additional programming effort and human intervention. While these intuitive computing capabilities look to innovate and...
July 21, 2020
Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the financial industry specifically. Compromised credit card fraud increased 212 percent year over year in 2019, while customer credential leaks increased 129 percent during the same period. Many of these fraud […]
May 16, 2017
Industries are abuzz with the fast-growing potential of machine learning — a form of artificial intelligence that allows programs to change, adapt and, obviously, learn from new data without requiring...
