Texas-based fraud detection startup Seon closed an $80 million Series C funding round to support its shift toward an all-in-one AML and KYC compliance platform powered by AI, as it pursues aggressive international expansion and deeper product integration.
The state of New York is suing the privately held fintech company behind the Zelle money transfer system in a complaint that alleges years of poor cybersecurity and protections against fraud. The New York complaint targets Early Warning Services, the company behind the money transfer app.
A banking Trojan known for mimicking mobile app login pages has gone to the next level by copying and pasting real mobile banking apps into a virtual environment it creates on infected smartphones, warn researchers. New Godfather malware "marks a significant leap in mobile threat capabilities."
Neovera has acquired Greenway Solutions, a Charlotte-based fraud red-teaming vendor serving top banks, to expand its cyber capabilities. The Washington D.C.-area services provider plans to tailor services for community banks and credit unions using automation and selective testing.
Scammers are increasingly turning to account takeover fraud, as financial institutions ramp up their defenses. Instead of luring victims into making authorized transactions, cybercriminals are bypassing them altogether, hijacking their digital identities and draining accounts from within.
Are you ready to turn the tables on cybercriminals and their malicious minions? Forget those so-called "next-gen" solutions that barely make a dent – it's time for a revolution in cybersecurity that will send hackers running for the hills! Watch this on-demand webinar where Roger A. Grimes, KnowBe4's Data-Driven...
Zero days. Supply chain attacks. APIs and cloud environments as growing threat vectors. These are among the topics discussed in this seventh annual Modern Bank Heists report, and author Tom Kellermann discusses their impact on financial institutions - and which defensive gaps need to be filled now.
Organizations around the world are unknowingly recruiting and hiring fake employees and contractors from North Korea. These sophisticated operatives aim to earn high salaries while potentially stealing money and confidential information - a chilling fact that KnowBe4 recently learned firsthand when we discovered and...
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.
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.
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...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing govinfosecurity.com, you agree to our use of cookies.
