Counter-fraud

Social engineering is the core technique used in a series of cyber attacks targeting government, defence, nuclear, energy and financial organisations around the world, which means people are key to defence

https://www.computerweekly.com/news/252454369/Social-engineering-at-the-heart-of-critical-infrastructure-attack

The majority of UK retailers are planning to increase cyber security measures during the Christmas season, a survey reveals

https://www.computerweekly.com/news/252454330/Most-UK-retailers-plan-to-up-cyber-security

As attackers begin to use multiple command and control systems to communicate with backdoors and other malware, how can organisations ensure that they detect such methods and that all C&C systems are removed, including “sleepers” designed to be activated at a future date?

https://www.computerweekly.com/opinion/Security-Think-Tank-Prevention-and-detection-key-to-disrupting-malware-comms

One measure is to deploy bank account verification technology. This works by cross referencing payee account details with the name of the account holder.

https://www.finextra.com/blogposting/16384/protecting-customers-from-push-payment-scams

A more proactive strategy on fraud prevention — an early warning system — offers value for issuers and other payments players, as well as their customers.

https://www.pymnts.com/fraud-prevention/2018/dark-web-cybersecurity-terbium-labs-carding-consumer-data-protection/

Customer data is a key enabler for large-scale fraud attacks. The frequency of data breaches and other successful attack types has provided fraudsters with valuable sources of personal information to use in account takeover or synthetic identity fraud.

https://www.thepaypers.com/thought-leader-insights/why-fraud-attacks-will-become-increasingly-account-centric/775835

Fraud also affects fraudsters' families and friends in concentric circles

https://www.fraud-magazine.com/article.aspx?id=4295003640

Looking at some of the frauds around lost and stolen cards, application fraud, counterfeit cards, swapped cards, and some advice on what steps can be taken to minimise and identify fraud.

https://www.fleetpoint.org/fleet-management-2/a-guide-for-fleet-managers-on-fraud-prevention-detection-2/

Dive into what similarities fraudsters have, such as age, gender, tenure at a company and more.

https://www.fraud-magazine.com/videos.aspx

Warwickshire-headquartered Mercia Technologies has made a £2m investment into a Welsh company W2 Global Data Solutions which helps organisations prevent fraud and money laundering.

https://www.insidermedia.com/insider/national/multimillion-pound-investment-in-fraud-prevention-firm