By: Gene Fredriksen, Security Strategy Consultant It’s that time of year again when people think about their New Year’s resolutions. These typically involve losing weight, eating healthy and exercising more. While most people do not consider making resolutions around...
Risk & Fraud
Penetration Testing or Vulnerability Assessment: What’s the Difference?
By: Gene Fredriksen, Security Strategy Consultant Cybersecurity terms continually make their way into our vocabulary with words like IP address, Virtual Private Network (VPN) and the cloud – or more ominous terms like exploit and breach. These words have,...
Holiday Fraud – Longer Holiday Shopping Period Means More Time for Fraud in 2021
By: David Ver Eecke, Senior Fraud Product Manager At this time last year, many people were wishfully hoping that the world would be back to normal by the 2021 holiday season. Nearly 20 months into the pandemic, consumers and the U.S. economy are still feeling the...
October is National Cybersecurity Awareness Month
By: Gene Fredriksen, Security Strategy Consultant Cybersecurity Awareness Month, observed every October, was created as a collaborative effort between government and industry to ensure every American has the resources needed to stay safer and more secure online....
Ransomware: How to Prevent or Recover from an Attack
By: Gene Fredriksen, Security Strategy Consultant It’s Monday morning. You hit the office early, logging in to your computer expecting to get a jump on the day. However, this time something is different. Your computer is slow, error messages are popping up, and,...
Synthetic Identity Fraud Defined – Improving Risk Mitigation for Financial Institutions
By: Jack Lynch, Chief Risk Officer and President, The Loan Service Center Synthetic identity fraud is reported to be one of the fastest-growing types of financial crimes in the U.S., costing financial institutions billions in losses annually. To help better identify...
Zero Trust: A Model for Multi-layered Cybersecurity
By: Gene Fredriksen, Security Strategy Consultant I’m sure you have moved to a new town or started a new job at one time or another. At first, you might not have trusted everyone with open arms. Maybe you had to develop trust with people, stores or restaurants in the...
The Importance of Fraud Text Alerts
By: David Ver Eecke, Fraud Product Strategy When it comes to fraud prevention, much focus is placed on the importance of rule strategies, as well as identifying and blocking fraud trends before they impact your financial institution. Fraud fighters rely on the...
Holiday Fraud — Expect the Unexpected in 2020
By: David Ver Eecke, Sr. Fraud Product Manager 2020 is the year of the unexpected — and this holiday shopping season will be no different. The pandemic has changed our world in so many ways, especially when it comes to how we shop and pay for goods and services....
Lessons Learned from a True Tale of a Digital Scammer
By: Gene Fredriksen, Security Strategy Consultant In this real-life story, it is 2018 and Kwamaine Ford, an employee of a celebrity at the time, seemed to have the world by the tail. He traveled in famous circles and lived a glamorous lifestyle. However, Ford had a...