As we begin a new year, we thought it was a good time to reflect on some of 2020's peak season fraud trends. What will these trends teach us about
It's Time We Confront These Common Myths About Behavioral Biometrics
As someone who works at a company that specializes in Behavioral Biometrics, I've seen first hand what Behavioral Biometrics can do for an online
[Infographic] Breaking Down the Fraud Flow of Account Takeover
Fraudsters are becoming harder to stop every day. Fraud fighters are overwhelmed with the onslaught of sophisticatedattacks.
The main pain?
It’s time to forget everything you know about emulators and how they work. We recently discovered that fraudsters have started using emulators as
Why reCAPTCHA v3 for Enterprise Matters
No one ever tried to calculate the cumulative time human beings have spent over the years on identifying traffic lights, storefronts, and bridges
Has the Same Technology That Is Used to Prevent Fraud Opened the Door to Increasingly Sophisticated and Pervasive Online Fraud
What's LTV Got To Do with Fraud?
When it comes to eCommerce, the effect fraud has on LTV tends to be overlooked - more likely it isn't considered. Customer accounts are a driving
Meet Sandra. You know Sandra. Because most of you have a lot in common with her. She is also key to understanding online retail fraud in 2019, and
An Architecture That Scales
Consumers have high expectations when shopping online. Whether consciously or not, website performance is an unspoken one: 47% expect web pages to
An eCommerce Showdown: Account Takeover VS Behavioral Biometrics
When it comes to eCommerce fraud, account takeover (ATO) is at the forefront of attacks. While retailers are aware of this threat, they are still
Breaking Down Fraud Flows: Credential Stuffing
Since being founded, we’ve investigated a wide variety of fraudsters and their lines of attack. This blog is the first in a series where we will
The Rising Fraud Tsunami: Account Takeover
Businesses are struggling to fight account takeover attacks; loss of money, reputation, customer loyalty, and potential risk of litigation all
Is Loyalty Fraud the Latest eCommerce Nightmare?
Jane Frankfort was stunned. After years of flying American Airlines, she finally had 150,000 frequent flyer miles and was ready to book her dream
You Heard It Here First: The Inside Scoop Into Transaction Fraud Prevention
Between financial loss and impact on reputation, transaction fraud is a serious threat to eCommerce. This is old news, of course, but it is mostly
Account takeover (ATO) fraud is now the “new normal” in the world of online commerce. The cost of ATO fraud has tripled in recent years, , and
Kubernetes: The Bet Pays Off
Ramping up a business is always a challenge. In 2016, we decided to rebuild our backend architecture in order to support the scale and maturity we
eCommerce fraud is increasing at a faster rate than ever before, with a 45% increase in schemes like EMV and account takeover fraud, and a 26%
Amsterdam, June 4, 2019 - SecuredTouch, the global provider of Behavioral Biometrics based advanced fraud detection solutions, announced today it
New York, 30 April 2019 - SecuredTouch, the global provider of behavioral biometrics based advanced fraud detection solutions, is now part of the
Online shopping has become so common that it seems to have always been around. eCommerce has completely revolutionized retail; not that long ago,
Online purchases are on the rise with Americans making over $500 million of eCommerce purchases in 2018. Not surprisingly, this growth has been
In the first part of this series of blog posts, we interviewed Ido Rozen, Cyber Researcher at SecuredTouch, and established that the dark web can
9 Common Types of Mobile Fraud
Updated as of February 26th 2019
Mobile e-commerce accounts for over half of all retail e-commerce sales and is expected to grow another 14% by
The Dark Web: Shedding Some Light on the Online Underbelly, Part 1
The securely encrypted and anonymous nature of the dark web makes it an ideal host for activities related to fraud for one simple reason: it can't
Updated as of February 10th 2019
Since 2017, the number of mobile phone users with bank accounts has more than doubled. More than half of U.S.
Top 10 Cybersecurity & Fintech Events not to be Missed in 2019
The pace is fast in both cybersecurity & fintech. It's necessary to keep up to date with the latest challenges and solutions, as well as the
Behavioral Biometrics 101: Mobile vs Desktop
The use of desktops and mobile devices has dramatically changed in recent years: mobile devices were once only used for on-the-go actions, whereas
The Effects PSD2 Will Have on Mobile Banking Fraud
PSD2 opens up a large number of new opportunities for banks and their customers. The new directive puts customers in greater control over their
How Technology Dictates the Way We Bank, and Not Vice Versa
In less than a lifetime, computers evolved from room-sized monstrosities to pocket-sized intelligent assistants. Each phase of this transformation
Security vs. Privacy for Mobile Banking App Users
As an increasing amount of personal information is being stored digitally, the conflict between security and privacy is definitely ramping up.
How the Role of Banks is Changing Under PSD2
The Revised Directive on Payment Services (PSD2) aims to transform the way banks interact with customers, merchants, payment processors, and other
4 Mobile Banking Trojan Families to Fear According to McAfee
Mobile malware is becoming more sophisticated and evasive, making detection challenging. According to the McAfee Labs Threats Report for June 2018
Mobile Fraud Prevention & Detection in the Age of PSD2 & Open Banking
The second revision of the Payment Services Directive (PSD2) is one of the most disruptive and important regulations in the banking industry with
How Biometric Data Can Step Up Identity and Access Management
Identity and Access Management (IAM) plays a central role in securing enterprise IT systems. IAM is a framework for managing digital identities
Few markets face as much fierce competition as eCommerce. With giants like eBay, Amazon, and Walmart dominating the industry, companies need to
Mobile Emulators and How to Find Them
Mobile commerce (or m-commerce) is practically essential for any online business. The increased use of mobile devices means more users are
Behavioral Biometrics is Key to Your Digital Transformation
As the world becomes increasingly digital, the need for strong cybersecurity is also increasing. Fortunately, modern technologies have made it
Banks and financial service providers must offer advanced payment and banking services to mobile users in order to remain competitive. As
User expectations about mobile banking apps have changed drastically over the past decade, and many banks are struggling to balance usability and
Solving the Dark Side of Fraud Prevention
Detecting and preventing fraud is an ongoing problem for banks. While there are solutions today, they often increase security at the cost of the
The Dark Side of Fraud Prevention
Mobile banking is exploding in popularity, but so is fraud. Banks need to protect their customers, but outdated technologies and manual processes
Mobile fraud prevention and detection tools are evolving, especially in the field of static biometrics. And static authentication might be
Visibility and Detection of Mobile Banking Fraud
What Mobile Banking Taking over Online Banking Means for the Mobile Fraud Threat Landscape
The future of banking is increasingly mobile. As mobile banking grew from 11% in 2012 to 31% in 2017, banking from a desktop decreased from from
About the Evolution of Static to Continuous Authentication
When businesses began to go online several decades ago, it became apparent that users’ private information would need to be protected against
Why Behavioral Biometrics Is A Mobile Banking Game Changer
Banking has come a long way since we had to make time to squeeze in a visit to the bank teller into our working day. Banks now have a much easier,
The writing is on the wall: customers are increasingly transacting electronically, and indeed transacting with mobile phones. A 2017 survey by the
Why Should Banks Adopt Behavioral Biometrics for Mobile?
As banking services expand to mobile, fraudsters continuously develop new fraud schemes by blending old tactics with new technologies.
Banks Beware of Automated Fraud Attacks
Over the past year, there has been a sharp rise in automated fraud attacks against financial institutions of all sizes. The first cyberattack
In part 3 of our interview series, 'Ask The Experts: The Future of Banking & FinTech in Light of PSD2' we interview Avi Cohen, Co-Founder, CEO at
Why The Future of Mobile Payments Lies With Behavioral Biometrics
A version of this article originally appeared in Payment Business Magazine, Nov/Dec 2017
Predictions for the Mobile Payment Fraud Landscape
According to a survey done by PaymentEye.com, most of us take these three items whenever we get out through the door: home keys, a wallet, and a
Nowadays the world revolves around data and access to the data, especially the use of Personally Identifiable Information or PII. Once a PII
Payment Fraud Prevention We Are Thankful For This Holiday Season
Digital identity theft is a year-round issue, but the hectic holiday season is prime time for crooks looking to steal your personal information.
The Top Challenges of Mobile Banking Security
Banking as we know it is changing. Initiatives such as Open Banking and regulatory frameworks like PSD2 are creating the driving forces to open up
The ROI of Behavioral Biometrics
Whether banks are acquiring new technologies or building their own solutions, increased adoption of mobile banking apps means increased
Strengthening Mobile Payments with Continuous Authentication
*A version of this blog originally appeared on The Paypers
In part 2 of our interview series, 'Ask The Experts: The Future of Banking & FinTech in Light of PSD2' we interview Savino Damico, Head of Digital
Ask The Experts: The Future of Banking & FinTech in Light of PSD2, Part 1
In part 1 of our interview series, 'Ask The Experts: The Future of Banking & FinTech in Light of PSD2' we interview Damian Richardson, Head of
The Digital Officer’s Guide to Mobile Fraud Detection
As banking increasingly goes mobile, users expect the same functionality as with online banking. However, mobile banking represents new risks, and
Fighting Mobile Banking Fraud with Continuous Authentication
With mobile phones serving as full computing platforms as well as popular tools for banking, transactions and payments, they are natural
The Digital Officer’s Guide to Multifactor Authentication
It wasn’t long ago that two-factor authentication met the security needs of most organizations. In the good old days of laptops and desktops, the
Best Practices to Identify Compromised User Credentials
The use of mobile phones for mobile banking and transactions is becoming increasingly widespread, necessitating stronger security measures capable
Behavioral biometrics technology immediately recognizes non-human behavior and mobile emulators, delivering real-time alerts
Thwarting the Nightmare of Mobile Banking Fraud
Mobile banking is a dream come true for many users and banks but a veritable nightmare for the bank’s security team themselves. After all, what
The use of mobile devices is at an all-time high and it is changing the way we access and manage our money. With our increasingly busy schedules
The Rapid Rise of Behavioral Biometrics
The recent WannaCry ransomware attacks that crippled hundreds of thousands of computers in 150 countries have struck terror in the hearts of
Behavioral analytics follows the behavior of users and records how they behave when interacting with devices and apps, essentially what they do.
There’s endless talk these days about bots, both the kind used on Facebook to converse intelligently with users and the more malevolent type that
The Password Takes its Last Breath
Pick a number, any number, or any combination of numbers, letters and special characters, except for 12345678, password, or admin. Most of us have
Must Read List: Top FinTech Influencers
The FinTech industry is highly dynamic with new disruptive trends and players popping up all the time. The role of traditional institutions is
The first Directive on Payment Services (PSD), which was adopted in 2007, was enacted to create rules and guidelines for modernising payment
We’ve almost become inured to the daily reports of data breaches, accepting it as a fact of life. Due to the massive volume of apps and the lack
Behavioral Biometrics 101: The Key Terms You Need to Know
The cat and mouse game between fraudsters, device manufacturers, app developers and smartphone users is a tiring one. Fraudsters are constantly
Consumer adoption of mobile technology has occurred at rates faster than any other previous technology adoption and businesses are struggling to
Will EMV Migration Affect Online User Experience?
As we discussed in a previous article, EMV is here whether or not retailers are prepared for the change. While EMV will reduce credit card present
There seems to be a black cloud looming on the horizon. Its name? Europay, MasterCard and Visa, otherwise known as EMV.
How Reducing Fraud Manual Reviews Saves Time and Money
When thinking about fraud detection, there are a lot of options out there. From geolocation to IP address verification, there are a wide range of
The whole point of fraud prevention is to stop the bad guys. What if a tool used to do this resulted in stolen personal data?
Did you know now is the best time to start protecting your business from fraud? If you don’t follow fraud news like we do, maybe not.
How Small Businesses Can Fight Mobile Fraud
Owning a small business can be an exciting and rewarding adventure, but it also comes with difficulties. This can be especially true when it comes
The Hidden Consequences of Mobile Fraud
When thinking about fraud, businesses are often focused on the money aspect. This makes sense. Businesses are in the business of making money.
Mobile devices are an important part of our lives today. They have revolutionized the way we complete daily activities. 85% of mobile device
With the ever-evolving fraudster looming and the increasing use of mobile devices, merchants are realizing the importance of preventing fraud. Are
You’re smart when it comes to fraud. You understand fraud prevention is important and have implemented measures to prevent mobile fraud within
Online vs Mobile Fraud: Old Problems, New Solutions
For many companies, the word “fraud” looms overhead like a dark cloud. With more and more people making transactions via desktop and mobile, the
Is Behavioral Analysis Effective For Mobile?
As mobile device usage grows rapidly, businesses need to adapt to this changing commerce environment, and not just by giving customers more
Behavioral Analysis: The Future of Fraud Prevention
In the world of business, one word tends to make people cringe: fraud. This is understandable. Fraud cost businesses $16.3 billion in 2014. In
Fraud Losses and False Positives: The Numbers
Imagine: You’re shopping through your favorite mobile app. You find an item you want to buy and are ready to checkout. Then, the app alerts you
What Fraudsters Want This Christmas
We’re in the midst of another holiday season, which means holiday shopping and a whole slew of projections and data that accompany it. Both have
The Face of Modern Fraud
Everyone would agree that fraud is bad. Everyone except those committing the fraud.
10 Most Common Security Checks that Frustrate Your Online Customers
One of the most frustrating aspects of mobile commerce is abandoned shopping carts. This is when shoppers go as far as to put items in their
Why Businesses Are Struggling To Fight Mobile Fraud?
With a growing mobile commerce market, fraud is going mobile. To keep up, businesses must commit to detecting and stopping fraud in its tracks.
One Click Payments
The popularity of mobile shopping is huge. You can shop anywhere your phone has signal. On the bus while commuting to work, waiting in line for
Online Authentication: Time for a New Dawn?
Chances are you can’t use an online system without providing some sort of proof that you are who you are. In fact, you’d be hard pressed to buy
The 3 Fs of Mobile Payments
With the extreme popularity of smart phones and the ever increasing desire to function on-the-go, people are turning more and more to mobile