Learn more about Online Bank Fraud

Traditional online banking fraud prevention strategies focus on mitigating losses by targeting individual cases of fraud – for example by preventing a bad actor from creating a new account with stolen credentials.
READ MORE
With buguroo’s unique behavioral biometric customer identification capabilities, risky transactions can be rapidly and safely approved or denied, minimizing chargebacks while not getting in the way of legitimate transactions.
READ MORE
A few weeks ago, a 17-year-old young man was arrested by the police for being behind the hacking of more than 130 Twitter accounts, including that of celebrities such as Bill Gates, Jeff Bezos or Elon Musk. This unprecedented hacking created a stir in public opinion and highlighted, once again, the danger we face: cyber fraud.
READ MORE
Individuals living in Latin America have been slower to take to mainstream banking. Culturally, there just doesn’t exist the same level of trust in banks and in digital channels to look after hard-earned money, as arguably exists throughout Europe and the USA. Instead, apart from the operations of larger businesses in the area, a large proportion of the population was used to conducting ...
READ MORE
Traditional criminology treats crime as a simple instrumental process, in which the criminal commits a crime with the objective of obtaining some type of personal benefit. From this perspective, social imbalance and the marginalization of certain groups caused these people to respond by committing crimes with the intention of getting what society had denied them.
READ MORE
Human beings have got where we are today thanks basically to two essential factors: sociability and communication. Being social animals and working as a team has allowed us to develop far more than we would have as solitary creatures.
READ MORE
While nations around the world are doing all that they can to lessen the impact of the coronavirus pandemic, fraudsters – true to form – have identified it as an opportunity to make money and are actively using COVID-19 as a way to cash. 
READ MORE
Currently, Information Technologies (IT) are present in many of the activities we perform in our everyday lives. They have long been the basis of our interpersonal communication and are increasingly used for various personal and economic functions, mainly for our financial transactions.
READ MORE
The year 2020 is just a short step away, and the world of cybersecurity has changed a lot in the last 10 years. Thousands of threats of different types have appeared and been developed, and companies and users constantly try to cope with them as part of everyday cyber life.
READ MORE
When we think of an online fraudster, the common stereotype is that of a shady criminal who has successfully stolen an unsuspecting customer’s credentials in order to drain their bank account or to go on a shopping spree with their hard-earned cash. 
READ MORE

Did you like it? Share in your social communities

 

What did you think about this topic?

Leave your comments

 

Need to reduce fraud in your online banking?

Discover our holistic vision applied to online detection

Request demo