Learn more about Online Bank Fraud

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 FULL ARTICLE
We recently took part in a webinar with our partner, NICE Actimize, to discuss how they were incorporating our anti-fraud technology into their online security systems in order to better prevent online banking fraud.
READ FULL ARTICLE
SIM swapping is an increasingly popular account takeover fraud that has in the past year, claimed high-profile victims including Twitter CEO Jack Dorsey and may have even been the reason behind Barack Obama and Elon Musk tweeting bitcoin scams as recently as mid-July. But it’s more than just public image and reputation that is on the line for victims of this fraud.
READ FULL ARTICLE
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 FULL ARTICLE
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 FULL ARTICLE
Checking that a user is who they claim to be whilst they are online is the fundamental basis of cybersecurity. We’re all used to being authenticated at some point in our online journeys, whether it’s through a password login, or an OTP sent to our phones when we’re attempting to make a transaction.
READ FULL ARTICLE
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 FULL ARTICLE
Rapid digital transformation over the past 20 years has enabled banks to both get closer to their customers as well as expand their customer base. However, it has also meant extra competition - particularly with challenger banks entering the scene.
READ FULL ARTICLE
There's no doubt that the technological advances and new forms of communication are leading us into an increasingly digital world. The ways people interact and communicate, the workplace and the very functioning of the economy and markets are all changing.
READ FULL ARTICLE
Passwords are on their way out. Many people are already familiar with being authenticated without providing a password, such as through using FaceID on iOS, or by scanning a fingerprint on Android, and organizations are increasingly turning to passwordless authentication; a method of proving an online user’s identity using an alternative factor other than a password for reasons of enhanced ...
READ FULL ARTICLE

Did you like it? Share in your social communities