PYMNTS

JULY 13, 2020

A popular brute force method used to accomplish this is credential cracking , which involves fraudsters using bots to automatically plug potential usernames and passwords into login screens in the hopes of stumbling across the correct credentials.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

Seon

JANUARY 29, 2024

Account Takeover Fraud Detection While it can be challenging to catch ATO attempts, these attacks can be detected by monitoring for out-of-the-ordinary account behavior. Deploying end-to-end fraud prevention and detection software helps you keep track of user activity and helps you spot suspicious patterns.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

PYMNTS

JUNE 26, 2018

Dave Endler, co-founder and president of security and fraud prevention solutions provider SpyCloud , illuminated the trend for the Tracker team. Perhaps, to no surprise, data breaches keep executives up at night — and the rest of us, too. Furthermore, the company said that bots are being used to abuse stolen credentials.

Account Takeovers 46

Account Takeovers Faster Payments Breach Credit Cards 46

PYMNTS

OCTOBER 23, 2017

If fraud attacks are the flu, then the Equifax data breach was a raging fever: a symptom (albeit a dramatic one) of a larger illness that will almost inevitably infect any organization that hasn’t had its shots. Patience is a virtue in the business of fraud. It’s important to modulate velocity, Ersell said.

Account Takeovers 53

Account Takeovers Accounts Cybersecurity Bots 53

PYMNTS

NOVEMBER 27, 2019

Cybercriminals are thus increasingly turning to online platforms to perpetuate card-not-present (CNP) fraud. Customers and retailers are not the only ones being targeted, either: Fraudsters are also using automated bots to trick advertisers into paying money for false marketing impressions.

Point-of-Sale (POS) 60

Point-of-Sale (POS) AI Card Issuer Credit Cards 60

Seon

JUNE 21, 2023

Multi-use VCCs : With low-friction onboarding, fraudsters may use bots to try and generate cards en masse. Physical credit card holders : Fraudsters may use stolen account details to apply for VCCs, potentially leading to false negative fraud checks when virtual card transactions are made.

Credit Cards 52

Credit Cards Risk Online and Mobile Banking Phishing 52

PYMNTS

NOVEMBER 9, 2017

The executive said IntraNext isn’t fielding as many questions following the Equifax data breach as might be expected. Self-care, chat bots, artificial intelligence, and machine-to-machine learning is here to stay. The first step in effective fraud prevention is to “scrub out the bad guys, right out of the gate,” Brown said.

Authentication 41

Authentication MFA Fraud Detection Security 41

Nanonets

AUGUST 16, 2024

This enables automated data entry processes that lead to faster document review, lower processing time, and enhanced customer experience. RPA bots can handle tasks like data entry , verification of claim details, updating status in the claims management system, and even communication with customers.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

PYMNTS

DECEMBER 2, 2019

The offering allows Ticketmaster users to register for early announcements about shows they may be interested in attending and then make purchases through unique access codes provided by the company to ensure that fans, not bots, are given the first chances to buy tickets. The program’s goal is twofold, Karyo said.

Point-of-Sale (POS) 52

Point-of-Sale (POS) Account Takeovers Credit Cards Duplicate 52

CB Insights

JULY 20, 2017

Others companies in this subcategory include Zenedge , which offers a cloud-based, AI-driven Web Application Firewall (WAF), malicious bot detection, and DDoS cybersecurity solutions. Code42 specializes in cloud-based endpoint data security and recovery.

Cybersecurity 30

Cybersecurity Security AML PCI DSS 30

PYMNTS

APRIL 24, 2018

Getting Their Hands on Data. There are a few ways in which fraudsters gain access to raw customer data. First, there are data breaches like the ones at Equifax, Target and other retailers. The vast majority of fraud attacks result from these data breaches. Separating the Wheat from the Chaff.

Breach 50

Breach Bots Credential Data Breach 50