biocatch blog

BioCatch is a cybersecurity company that delivers behavioral biometrics, analyzing human-device interactions
to protect users and data. See how our customers employ our cloud-based solution to proactively collect and
analyze more than 2000 behavioral parameters to authenticate users and identify cybersecurity threats.

Tackling the Biggest Blind Spots in Fraud Prevention Technology: Q&A with Erin Englund, Threat Analyst at BioCatch

Jul. 25, 2018 | Fraud | by BioCatch

Traditional fraud prevention technology has some glaring blind spots, and fraudsters know full well how to exploit them.

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iOS 12 Security: Why OTP Autofill is a Fraudster’s Best Friend

Jul. 19, 2018 | Fraud, Cybersecurity | by Uri Rivner

Last month Apple revealed a cool feature in iOS 12 security: the device will scan incoming SMS messages for One Time Codes, used for 2FA, and then suggest those codes as an auto-fill function when relevant.

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P2P Fraud: the Latest Payment Tech Trend is Making Cybercrime a Breeze

Apr. 20, 2018 | Fraud, Cybersecurity | by Uri Rivner

Peer to Peer payments have been around since the early days of digital commerce, and mobile P2P passed the $120 billion mark last year. One in three American consumers use P2P apps to make instant payments to friends, relatives, service providers, or anyone they owe money.

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10 Cyber Fraud Predictions for 2018

Jan. 8, 2018 | Fraud, Cybersecurity | by Uri Rivner

2017 seemed a dismal year for cybersecurity. Massive data breaches, new forms of malware and increasingly sophisticated social engineering attacks hit businesses and consumers at a steady pace.

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What Is Business Email Compromise? Lessons in Reducing CEO Fraud

Dec. 28, 2017 | Fraud, Cybersecurity | by BioCatch

A CFO at a cybersecurity startup receives an urgent email from his CEO, who happened to be on a business trip at the time. “David, we need to transfer $40,000 to X this morning to lock in a discount price from this supplier. The bank details are below. I will be in a meeting so please confirm with me by email it was done. Thank you.” The CEO returns to the office later that day and the CFO proudly tells him that the transaction has been completed.

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What Do Fraudsters Do on Christmas Day? 5 Holiday Scams to Watch Out for this Holiday Season

Dec. 22, 2017 | Fraud | by BioCatch

Though it may be one of the last things on your mind Christmas morning, fraud doesn’t stop for the holiday celebrations. It can even take place on Christmas Day, in the form of a well-targeted phishing attack. In fact, more than a quarter of holiday scams occur in November and December as consumers up their online spending. This year, an estimated £1.3 billion will be lost due to online shopping scams . That’s an average of £893 per fraud victim.

It’s no surprise that fraud rates soar during this busy time of year for purchasing. But in addition to spoofed websites, suspicious-looking ads and fake links, fraudsters have other ways of disrupting this season of giving and family — ones you may not have considered.

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