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17 Results for 'fraud'
Blog

£503 Million Stolen by Criminals Through Authorized and Unauthorized Fraud

By Gary McVie
October 30, 2018
UK Finance recently reported a total of £503 million was stolen by criminal through authorised and unauthorised fraud in only the first six months of 2018 – and that doesn’t even account for the £705 million of fraud that was prevented during this same time-frame.
Blog

Reduce Bank Fraud with Identity-Based Security

By Entrust Datacard
September 15, 2016
In October 2015, the long-awaited "liability shift" from payment card issuers to merchants took effect in the U.S., which for years had been one of the last strongholds of magnetic stripe-only cards. This change meant that merchants without EMV technology built into their point-of-sale terminals became liable for fraud. 
Blog

Fighting Insurance and Record Fraud in Health Care

By Entrust Datacard
August 19, 2016
Health care organizations face unique security challenges, stemming from the sensitive data they regularly work with, the appetite of cybercriminals for this information, and the difficulties of fending off breaches while also wrangling with issues such as patient identity fraud. 
Blog

Mobile Devices Empower Customers in Fight Against Fraud

By Entrust Datacard
March 22, 2013
I just read an interesting court ruling on an online-banking fraud case where a federal court ruled in favor of the bank. Long story short, Choice Escrow Land Title had $440,000 stolen from their accounts about three years ago via fraudulent wire transfers.
Blog

More Google Fraudulent Certificates

By Bruce Morton
July 14, 2014
On July 2, Google became aware of fraudulent certificates that were incorrectly issued to Google-owned domain names. The miss-issued certificates could have been used to spoof content, perform phishing attacks or perform man-in-the-middle (MITM) attacks. The following actions were taken to resolve the problem.
Blog

Ensuring Authenticity from Account Opening to Payment Card Issuance

By Entrust Datacard
October 14, 2016
Fraudulent transactions and account openings occurring at financial institutions across the country. Consumers are beginning to wonder if they can really rely on their banks to keep their financial best interest in mind. Financial institutions are wondering if they’re next. Everyone is wondering what they can do to protect themselves. Entrust Datacard takes a deeper dive into how financial institutions can transform the consumer experience by integrating various forms of authentication into their processes, workflows, offerings and solutions. 
Blog

Achieving Identity Based Security in the Real World – Improved User Experience with Better Authentication

By Entrust Datacard
May 04, 2016
With the mass adoption and implementation of EMV cards, fraud is now moving from card-present transactions to online channels of card-not-present (CNP) fraud. Today, CNP fraud is the fastest growing type of fraud worldwide and occurs during online and mobile transactions
Blog

INTERPOL: Revolutionizing Law Enforcement With Smartcards

By Entrust Datacard
June 29, 2015
From facing war crimes and drug trafficking to computer crime and weapons smuggling, the International Police Organization (INTERPOL) has its collective hands full. It's an organization whose membership base spans 190 countries, and its officials are tasked with a lot of international travel. This isn't the kind of travel that's done at a leisurely pace, though. With culprits around the world to catch, INTERPOL agents need to travel expediently to nab criminals who use fraud and coercion to cross national borders and evade detection.
Blog

5 Steps Governments Can Take to Secure Their Borders

By Entrust Datacard
October 14, 2015
In 2012, the number of people traveling internationally for business and pleasure broke the one billion mark. With more and more people traveling internationally, the burden of securing each of those borders has become mission critical. Security technology is evolving to manage the threats that undermine traditional identity security measures. There is now a global shift to move towards ePassports. Additionally, governments can take steps today that will help alleviate and mitigate the risk of fraud and false identification as citizens and consumers travel, cross borders, vote or access e-gov services. Here are 5 ways governments can prevent weak links in their border security process:
Blog

EMV Rollout: The Latest News

By Entrust Datacard
October 19, 2015
October 1 was a game-changing day as far as credit cards are concerned. That's because this was the day that the EMV rollout went into effect in the United States. Although "rollout" was the term used to broadly describe what took place, October 1 did not actually signal a mandatory implementation of EMV across the board. Instead, it represented a fraud liability shift, wherein merchants - and not card providers - will be largely responsible for dealing with fraudulent transactions if these merchants are not EMV-enabled. This shifting of responsibility is meant to spur retailers to quickly adopt EMV processing capabilities. 
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