Numerous industries, including financial services, rely on transaction-based controls to help spot and block fraud. But increasingly, organizations are also using session-based fraud detection and prevention as an "early warning" alert system, says Kaspersky's Tim Ayling.
When it comes to drivers for implementing and maintaining privileged access management programs, Wallix's Grant Burst says that demonstrating compliance and safety remain top priorities. Another driver, he says, is the sheer interconnectedness of devices - driven by the rise of IoT.
Crowdsourced bug bounty programs help organizations identify severe vulnerabilities in their apps and infrastructure. But that gamification model has been evolving to supply not only penetration testing but also deep dives by single researchers, says Bugcrowd CSO David Baker.
A top cybersecurity imperative for organizations is to "take proactive mitigation before an event even occurs" by tracking attack trends and mitigating against emerging types of attacks, says Akamai's Jay Coley.
A Google security researcher has disclosed what he calls an unpatched bug in the main cryptographic library used in newer versions of the Windows operating system that he claims could affect an entire fleet of Windows-based devices.
After a two-year absence, the FIN8 hacking group has returned with a new campaign targeting POS machines in the hotel industry with malware in an effort to steal credit card information and other data, according to new research.
The threat landscape continues to evolve, says Chester Wisniewski of Sophos. "The more professional, the more skilled criminals out there are moving, seemingly, away from this 'spray and pray' mass exploitation approach and getting more targeted. It's what I call a blended threat."
The fallout from the 2015 TalkTalk hack continues as a 22-year-old U.K. man was sentenced to jail Monday for his role in the attack and other cybercrimes, including an attack against his former school.
License plate and traveler photos collected at the U.S. border have been compromised after a federal government subcontractor was hacked. While Customs and Border Protection officials claim the image data hasn't been seen online, security experts say it's already available for download via a darknet site.
What are the top trends shaping the rising tide of financial fraud in 2019, and what can security professionals expect in the months and years to come? Trace Fooshee of Aite Group discusses changes in the fraud landscape.