Latest News
Amazon Fraud Detector Launched
Amazon announced the launch of a new eCommerce fraud prevention tool, Fraud Detector, during Amazon Web Services (AWS) re:Invent 2019. Fraud Detector will analyze email addresses, IP addresses, historical transactions, and more via a private API. The tool will also use the data insights gained from
Twitter 2FA No Longer Requires Phone Number
Twitter will allow users to enable two-factor authentication (2FA) without providing a SMS number, the company announced. Although the SMS option remains available, users can now also use internet browsers and authenticators. The change comes in response to user requests dating back at least a year.
Macy’s Magecart Attack Steals Shoppers’ Payment Data
Hackers successfully targeted retail giant Macy’s with a Magecart attack, stealing the payments data of the company’s customers, the company said in a statement. Hackers compromised the checkout and wallet pages of Macy’s website. Data stolen includes payment card numbers, payment
SITA 2019 Air Transport IT Insights Released
SITA, a company specializing in air transport IT and communications, released its ‘2019 Air Transport IT Insights’ report. Several sections of the report focus on cybersecurity at both airlines and airports. In an interview discussing the findings with Intelligent CIO, a cybersecurity ma
Adyen Card Issue Launches
Adyen, a global payments platform specializing in enterprise solutions, announced a new “card issuing” service in a press release. According to the statement, the program will expand the company’s offerings to include “end-to-end” service by providing both physical and
BehavioSec Upgrades Behavioral Biometrics Platform
BehavioSec, a fraud prevention solution provider specializing in account authentication, announced an expansion to its Behavioral Biometrics Platform in a statement posted to its corporate blog. The platform works by analyzing behavioral patterns to detect legitimate account holders. Merchants can u
Arkose Labs Q4 Fraud and Abuse Report Released
Arkose Labs, a fraud prevention solution, released its Q4 Fraud and Abuse Report. In post to its corporate blog, Arkose said it used data from more than 1 billion transactions to draw conclusions about the current state of fraud. Findings include increases in fraud in the following sectors: Finance
Monetary Authority of Singapore Announces New ‘Veritas’ Fraud Prevention Framework
The Monetary Authority of Singapore (MAS) announced plans to regulate the use of artificial intelligence and data analytics (AIDA) in the country’s financial sector. Known as ‘Veritas’, the goal is to work with actors in the financial industry to get out in front of the technology&
Orvis.com Passwords Leaked On Pastebin
High-end fashion retailer Orvis leaked the acocutn credentials of hundreds of internal passwords onto the Pastebin.com website. The exposed information included sensitive IT information such as firewalls and databases. However, the company claims the compromised data is outdated and that no damage o
Riskified Announces $165 Million Series E Funding Round
Riskified, an eCommerce fraud prevention solution specializing in AI and machine learning techniques, received a new round of venture capital funding, the company said in a blog post. It is a Series E funding round of $165 million led by General Atlantic and joined by Fidelity Management & Resea
