When choosing an approach to fraud detection, many organizations are struggling with the most effective path to take. According to Gartner’s Predicts 2020: Identity and Access Management1 (Gartner subscription required), “a broad spectrum of capabilities is required to create an effective payment fraud prevention strategy for digital B2C channels, including malware and bot detection, device identification, behavioral analytics and transaction monitoring.”
Banking trojans were up 102% in the second half of 2017, and the threat isn’t slowing down. In recent weeks, two new forms of banking malware have emerged, targeting users in Mexico and Spain.
Benjamin Franklin famously said: "In this
Mobile World Congress, the world’s largest mobile industry conference with more than 108,000 attendees from 208 countries, wrapped up in Barcelona, Spain on March 2. BioCatch founder, CTO & VP Business Development, Avi Turgeman, participated in a panel discussion titled “Social Engineering: Hacking the User” on Thursday, discussing what operators can do to encourage customers to engage in safer types of behavior online.