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Fraud trends from the latest ThreatMetrix cybercrime report

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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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2 Comments

2 Comments

  1. @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.

  2. @prajwalpraju3607

    January 27, 2024 at 11:03 pm

    Sir I really need your help can you please send me your email

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Fashion UK

What Happened to Bala Hatun?

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What happened to the wives of the first Ottoman sultans, Osman and Orhan, as two endowment deeds from the 1320s record them.

The oldest dated Ottoman endowment deed, from 1323, was made by Asporca, a wife of Orhan, and the chronicles never mention her. A deed from 1324 names Mal Hatun, daughter of Omer Bey, and the historian Feridun Emecen traces the television name Bala Hatun to a copyist’s slip in writing Mal. The file also follows Nilufer, mother of Murad I, and the Byzantine princess Theodora, who married Orhan in 1346.

Should the stories keep the names millions have seen on screen, or should the two deeds have the last word? Tell us in the comments.

Chapters

0:00 The missing name
1:14 What the founder left behind
2:30 The sheikh’s daughter
3:49 Bala
6:24 Two witnesses
8:12 Water lily
10:48 Iznik
11:41 Theodora
13:38 Asporca
14:55 After
17:20 How the stories lived
17:59 The river today
18:32 Where do you stand?
18:58 Two deeds

Sources

Leslie P. Peirce, The Imperial Harem (1993), pp. 32-37
Feridun Emecen, “Mal Hatun”, TDV Islam Ansiklopedisi, Ek-2 (2019)
Feridun Emecen, “Nilufer Hatun”, TDV Islam Ansiklopedisi 33 (2007)
Halil Inalcik, “Osman I”, “Orhan” and “Murad I”, TDV Islam Ansiklopedisi 31 and 33
Saadet Maydaer, ISTEM 20/40 (2022)
Haberturk, 5 June 2022, on the Nilufer river today

Archive images (public domain): Topkapi Palace Museum, Osman I (1579); Ottoman miniature of Orhan (16th century); Leon Benett, Ibn Battuta (1878); BnF gr. 1242 and Biblioteca Estense gr. 122, John VI Kantakouzenos (14th and 15th century); Cristoforo Buondelmonti, Constantinople (1420); Thomas Allom, Brusa (1836)

Typewriter sound: lonemonk, Wikimedia Commons (CC BY 3.0)

This story and 24 more, with every source, are in one of our books. Books, beauty rituals, printable charts and 3,000+ documentary images: https://theconsortfiles.org/

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Fashion UK

If at first you don’t succeed… SCORE AGAIN! 🚨

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The Columbus Blue Jackets found themselves with back-to-back 2-on-0 chances against the Philadelphia Flyers in overtime, with Kent Johnson scoring the game-winning goal on the second rush!

▶️ SUBSCRIBE: https://youtube.com/nhl

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#nhl #hockey #highlights

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Fashion UK

Jodie Comer Eats and Ranks British Sweets

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Don’t miss out on our latest video ►► https://bit.ly/SubscribetoBazaarUk

// ABOUT BAZAAR UK //
The essential edit of chic, high-end style delivered with editorial flair, Harper’s Bazaar UK is your source for red carpet moments, beauty and skincare, catwalk fashion trends from the runway, celebrity interviews and coverage of the hottest A-list events.

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Mom’s Shoe Throw Has Perfect Aim. You Know She’s Practiced on Her Kids

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Spectacular aim. Flawless execution. I would bet my house (figuratively) that this woman has taken one of her kids right off their feet with a flying shoe at some point. You don’t hone a skill like that without practice!

Did your mom have a legendary shoe or chancla throw? Tell me in the comments and subscribe for more real talk.

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Fashion UK

2027 iGaming Trends Report by SOFTSWISS Are Operators Ready for What’s Ahead?

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Everyone calls iGaming a gambling vertical. Five years of data suggest it’s one of the most digitally mature industries out there.

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