Jonathan Williams
Brad Haacke is a VP, Financial Crime Manager with Fifth Third Bank. He has a deacade of experience fighting fraud and contributes additional time volunteering and writing about fraud and scams. He recently launched his own site, Fraudwit.com which takes an alternative approach to fraud education. With short, quirky, and humorous articles and other content, the site opts to teach using satire.
All
- All
- News
- Webinar Connections
- Uncategorized
Crystal Blockchain Report:
$12.1 billion worth of crypto-assets stolen since 2011 Crystal Blockchain, a globally distributed team of world-class blockchain analysts, has released its bi-annual report Crypto & DeFi Hacks & Scams Report. According to the research, there were 120 security attacks, 73 attacks on DeFi protocols, and 33 fraudulent schemes that have so far...
X-raying Cybercriminals:
What can you see using Machine Learning Fraud Prevention Models? Preventing online payment fraud is a continually evolving challenge. A shift from rule based systems to advanced tools using behavioral biometrics backed up by Machine Learning (ML) models has begun, impacting the fraud prevention industry. Likewise, online consumer spending habits are increasingly...
Rising Magecart Attacks Place Victims in Jeopardy
Key Findings Magecart attacks have grown increasingly popular over the past several years. Their tactics have evolved and their ability to both breach sites and evade detection has advanced. Magecart has become the leading cause of Card Not Present (CNP) cybercrime in recent years. Gemini’s Magecart Overwatch system has detected 150 million...
Data is the New Oil – Data Needs to Go Greener
Wildfires. Floods. Droughts. Hurricanes. July 2021 was the hottest month on record, since records began. We’re starting to experience the frightening impact of climate change, at a pace at which climate-related disasters are becoming part of the background noise of news and current affairs. We’re at a very similar point when it...
Investment, Acquisitions & IPO’s – Q3 2021
A little over 3 months ago, we wrote an article detailing the big investment and acquisitions in the fraud prevention space for the first half of 2021. Since then, there were so many more we needed a refresh! This is highlighted by Transmit Security raising an eye-popping $543 million in series A...
Insurance Fraud & Ad Fraud
We tend to spend a good portion of time focusing on fraud that impacts financial institutions and merchants. However, there are other industries suffering from mounting fraud losses and challenging attacks. Here we will dive into a couple of those use cases, explaining how technology can help fight back. The two areas...
