Showing posts with label Bank fraud. Show all posts
Showing posts with label Bank fraud. Show all posts

Friday 22 June 2018

Nigerian Banks Lost N12.3bn To Fraudsters in 4 Years – NIBSS

The Nigerian Inter-Bank Settlement System, on Thursday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017.

Friday 9 January 2015

Top 10 Technologies For Stopping Fraud

Payments experts expect security budgets to increase this year – as well as the breaches. Forrester predicts that 60 percent of enterprises will discover a breach in 2015. But as fraud prevention solutions become obsolete by the day, says Brighterion, more efficient technologies that use real-time artificial intelligence are crucial. In a recent whitepaper, the company reveals how organizations can better defend themselves in the war against fraud using 10 of these top technologies as weapons, including Smart Agents, real-time profiling, and even “Fuzzy Logic.”

Sunday 7 December 2014

Tor a Big Source of Bank Fraud - Treasury Dept

A new report from the U.S. Treasury Department found that a majority of bank account takeovers by cyberthieves over the past decade might have been thwarted had affected institutions known to look for and block transactions coming through Tor, a global communications network that helps users maintain anonymity by obfuscating their true location online.