Fraud & Identity Management

How mobile is transforming the banking industry and the fraud concerns with it, a Q&A with Mike Gross

Mike Gross is the director of risk strategy and professional services at 41st Parameter and has more than 10 years of experience in financial services fraud prevention and risk management. At 41st Parameter, Mike is responsible for identifying banking, ecommerce, and travel industry trends,...read more

The World Cup of Fraud

The World Cup of Fraud By David Britton The World Cup “kicks” off this week in Brazil and is a tremendous business opportunity for merchants around the world to sell merchandise, apps, tickets and even the caxirola - this year’s version of the Vuvuzela. This opens the doors for cross-border business...read more

Apple in Payments: Bluetooth Edition

Apple held its annual developers conference last week to showcase its new features within iOS8. One area that still needs clarification is Apple’s intent for mobile payments. Cherian Abraham, Experian Decision Analytics mobile payments analyst, shares what he thinks Apple might look to do in the...read more

Increasing pressure on anti-money laundering compliance

Julie Conroy - Research Director, Aite Group Finding patterns indicative of money laundering and other financial crimes is akin to searching for a needle in a haystack. With the increasing pressure on banks’ anti-money laundering (AML) and fraud teams, many with this responsibility increasingly feel...read more

Know your enemy - best practices for preventing the latest fraud attacks

At Experian's 2014 Vision conference (#vision2014), Ori Eisen and Matt Ehrlich presented current trends and practices for taking on the growing industrialization of fraud.  Together with a risk executive from a leading bank, the team discussed several themes and emerging tactics, including: the...read more

Fraud prevention through device intelligence

As we discussed in our earlier Heartbleed post, there are several new vulnerabilities online and in the mobile space increasing the challenges that security professionals face. Fraud education is a necessity for companies to help mitigate future fraud occurences and another critical component when...read more

After Heartbleed: are you vulnerable?

The discovery of Heartbleed earlier this year uncovered a large-scale threat that exploits security vulnerability in OpenSSL posing a serious security concern. This liability gave hackers access to servers for many Websites and put consumers’ credentials and private information at risk. Since the...read more

6 Key Predictions on How Data Breach Concerns Will Evolve in 2014

In less than a year, my information has been compromised twice by a data breach.  The companies involved varied significantly by way of size and type, yet both reacted expeditiously to inform me of the incident.  As much as I appreciated the quick response and notification, I couldn’t help but...read more

Ben Franklin - founding father, inventor, commercial fraud visionary?

On January 17th, we celebrated the 308th birthday of one of America's most famous founding fathers, Ben Franklin. I've been a lifelong fan of his after reading his biography while in middle school, and each year when his birthday rolls around I'm inspired to research him a bit more since there is...read more

Lessons from a breach

In the days following the Target breach, both clarity and objectivity are in short supply. Everything that didn’t already exist became suddenly the cure-all – EMV being one. Retailers bristle, albeit in private – due to the asymmetry in blame they have come to share compared to banks – despite...read more