But AI is really the buzzword, so if the writer puts AI in the title then maybe more people will read it. Specifically this is designed to help banks prevent token fraud, which is hard to do anyway. Token fraud happens when a merchant “tokenizes” a credit card transaction so that the merchant doesn’t have […]
Continue reading → [DISPLAY_ACURAX_ICONS]Windows administrators are painfully aware of a long history of security issues with Microsoft’s Windows Printing System. Microsoft has tried time and again to patch it, but it is, apparently, kind of like putting duct tape on a submarine with a screen door. Print bugs account for almost 10% of all cases reported to Microsoft’s […]
Continue reading → [DISPLAY_ACURAX_ICONS]Joe Sullivan, Convicted Former Uber CISO, Speaks Out Sullivan spoke at Black Hat Europe. Unfortunately, he did not say much directly about the case because he is appealing it, but he did have some interesting thoughts about where CISOs are headed and what you should or should not do. I didn’t know this but he […]
Continue reading → [DISPLAY_ACURAX_ICONS]Come tomorrow and Monday, there are changes in store for publicly traded companies when it comes to cybersecurity. This will help everyone else since virtually all companies have publicly traded companies who are vendors or business partners and this extra information will help you understand your partners’ cybersecurity efforts. Industry groups and Republicans aren’t excited […]
Continue reading → [DISPLAY_ACURAX_ICONS]Thru October, depository institutions (mainly banks) filed 440,000 suspicious activity reports (SARs) related to check fraud according to the Financial Crimes Enforcement Network or FINCEN. Last year, for the same period, that number was 420,000. This puts us on track for 500,000 reports for the year, which is double the number from 2021. To help […]
Continue reading → [DISPLAY_ACURAX_ICONS]Apparently folks think Amazon is their personal piggy bank. Amazon said that last year alone they spent at least $1.2 billion employing investigators to manually detect fraud (this is in addition to their automated fraud detection) and have 15,000 people working to combat fraud, theft and abuse. This translates to higher prices for you. One […]
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