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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

billion in reported fraud in 2021 alone. PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. 52% of companies with more than $10 billion in revenue were hit with fraud. increase in fraud reports.

Analytics 111
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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. Top 10 Cybersecurity Startups.

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Akamai prevented the largest DDoS attack on a US financial company

Security Affairs

Akamai announced it has mitigated the largest distributed denial-of-service (DDoS) attack on a U.S. financial company. Cybersecurity firm Akamai successfully identified and prevented a massive distributed denial-of-service (DDoS) attack targeting an unnamed, leading American financial institution. gigabits per second. .

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. million of payments in 2021 and the first half of 2022,” the report summarized.

Passwords 268
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NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

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FBI’s Vetted Info Sharing Network ‘InfraGard’ Hacked

Krebs on Security

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. InfraGard , a program run by the U.S. That InfraGard member, who is head of security at a major U.S.

Sales 362
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8 Interesting Predictions for the Intelligent Information Capture Market in 2022

Info Source

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). The Infosource analyst team expects the demand for these devices to remain at a high level in 2022. The Future of Work Is Partly Remote – Increased Remote Work Is the New Normal.