Fashion UK
Fraud trends from the latest ThreatMetrix cybercrime report
Rebekah Moody, market planning director at ThreatMetrix, a LexisNexis Risk Solutions company, discusses the latest ThreatMetrix cybercrime report she co-authored and some of the practical takeaways your company or personal network can implement from the report.
– Join us in the fight against cybercrime: https://www.infosecinstitute.com
– Special offer for Cyber Work listeners: https://www.infosecinstitute.com/podcast
In the podcast, Moody and host Chris Sienko discuss:
– How and when did you first get interested in security and cybercrime? (1:40)
– How long has ThreatMetrix been publishing cybercrime reports? (2:40)
– How is the data compiled for the report? (3:40)
– Mobile payment transactions saw 24% year-over-year growth. Is this where you see the next wave of cybercrime occurring? (5:50)
– Were you surprised by the jump in mobile financial transactions? (9:00)
– What result from the report did you find the most troubling and why? (10:15)
– Are the rise of bot-driven attacks indicative of a new wave of automated attack systems? (12:35)
– Cross-organizational fraud is strong within a variety of sectors. How does this change what we understand about addressing cybercrime? (14:05)
– Are there any security policy changes that industries need to implement to address these new challenges? (16:10)
– What has caused Latin America to emerge as “a hotbed of new account creation fraud”? (17:30)
– Why is new account creation such a hot spot for fraudsters? (19:55)
– Why is the media industry specifically a free-for-all of fraudulent account creation? (21:30)
– What can the media industry do to tighten up security? (23:20)
– Tell us more about risk-based testing and what you’re looking for regarding activity patterns in new accounts? (25:00)
– Do you have any predictions for what you may find in the next report? (27:35)
About Infosec
At Infosec, we believe knowledge is the most powerful tool in the fight against cybercrime. We help IT and security professionals advance their careers with a full regimen of certifications and skills development training. We also empower all employees with security awareness and training to stay cybersecure at work and home. Founded by smart people wanting to do good, Infosec educates entire organizations on how to defend themselves from cybercrime. That’s what we do every day — equipping everyone with the latest security skills so the good guys win.
Learn more at infosecinstitute.com.
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Fashion UK
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@yogeshraja4009
January 27, 2024 at 11:03 pm
Exponentially growing fraud and cyber crimes will become pandemic unless banks implement systems invented to personalise signature, pin and passwords to the individuals so criminals would not obtain these personal details and misuse them the way they are doing now.
Government, courts, police and the public should hold banks liable for these losses since they are not implementing proposed honesty systems to stop these crimes.
@prajwalpraju3607
January 27, 2024 at 11:03 pm
Sir I really need your help can you please send me your email