The Paris 2024 Olympics have gotten attention from fraud experts, particularly the fake ticket scams associated with the high-profile global event. For context, the Tokyo 2020 Olympics saw an estimated 450 million attempted cyber attacks (2.5x higher than the 2012 summer games).
Identifying risky merchants and writing rules to prevent fraudulent transactions is the name of the fraud prevention game, but for many financial institutions, that is an extremely reactionary process, based solely on data gathered internally.
How BIN attacks work and the warning signs to watch for: low-value probing transactions, high decline rates, and spikes in specific error codes.
What banks learned about the FFIEC Cybersecurity Assessment Tool: how it works, whether it's really voluntary, and managing third-party risk.
Pew's cybersecurity survey: Americans distrust institutions to protect their data, yet many don't follow basic security practices themselves.
Verizon's 2017 Data Breach Digest turns real cyberattack investigations into case studies. Here's what they reveal about how organizations respond to breaches.
Advisen and Experian's 2017 Cyber Risk Preparedness and Response Survey highlights three key concerns for companies building a cyberattack prevention plan.
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