Articles
The Modern Threat of Democratized Fraud
How technology has made fraud easier and more widespread In a “chronically online” era, fraud has become frighteningly accessible and increasingly advanced. Gone are the days when committing fraud required a certain level of technical savvy or insider knowledge.Today, we are witnessing the democratization of fraud—a phenomenon where once advanced tactics are...
You Don’t Need a “Silver Bullet”! – Business Case to Preventing SIM-swap Frauds
Often, we believe in deploying sophisticated technology to solve a problem. However, the solution may actually lie in the fundamentals, if you have the eye to look for it. SIM Swap fraud has been costing the financial ecosystem a significant amount, affecting both consumers and financial institutions. According to the FBI’s IC3...
Breaking down silos: Fraud detection using consortium data and big data analytics
Have you ever noticed how much harder it is to achieve your goals at work when each team is working in a silo? In the absence of collaboration and information sharing it's almost impossible to have the same breadth and depth of impact as you can when your teams work together. The...
The Cost of Review Fraud and the Value of Authenticity
Learn how email address intelligence is helping businesses fight back against review fraud.Convenience and choice have become synonymous with online shopping. And online shopping trends keep ticking upward, with the global e-commerce market expected to be worth $6.3 trillion in 2024 alone. But this increase has also brought about some challenges –...
5 Layered Actions for Consumers to Fight Fraud
Are you a crime fighter? Most financial institutions hope so - and they are actively trying to hone your skills and habits. These days, there are few instances when logging on to a financial or medical account (or any account that contains sensitive information) when you are not asked to take extra...
The Fight Against DeepFake Fraud
Cybercrime has been on the rise for a while, and we like to think we’re wise to the fraudsters’ tactics, right? But as technology advances, so too does the potential for fraud. The rise of AI-powered criminals has significant implications for cybersecurity. While AI can strengthen our defenses, it also gives cybercriminals...
Investment, Acquisitions & IPO’s – Q1 2024
The first quarter has concluded! Now, it's time for our quarterly investment update. Delve into the latest funding rounds and acquisitions in the realm of fraud and risk mitigation! Funding Napier Napier AI, a UK-based RegTech company specializing in AI-driven financial crime and regulation technology compliance solutions, has secured a £45 million...
Tackling the Dangerous Email Domain Dilemma
The rise of dangerous and high-risk domains has been significantly altering our online world. To the tune of 100,000 or so per day. And when most of these domains are seen for but a few weeks before vanishing into the ether, timing is of the essence. Disposable email addresses, hide-my-email, email aliases,...
FACT, FICTION, OR FEARMONGERING?
We spent the last year looking at hundreds of discussions about AI crime in all its forms, including hacker forums on the dark web, to try to figure out which crimes are real and which are fantasy, and which could possibly be in the future versus those that are here now. And...