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Latest coverage for Fraud

Stay informed on the latest in information security with updates on fraud prevention, detection techniques, and cyber fraud trends.

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Fraud is intentional deception used to obtain money, access, information, or another unfair benefit. In information security, the term commonly covers digitally enabled schemes such as phishing, account takeover, payment fraud, business email compromise, and misuse of stolen identities or credentials. The defining feature is deceptive use of systems, accounts, or data—not merely a technical failure.

Security teams should treat fraud as both an identity and transaction-risk problem. Relevant controls include phishing-resistant authentication, least-privilege access, payment and account-change verification, and monitoring for unusual login or transaction patterns. Personal and financial data require appropriate privacy protections because exposed data can support impersonation even when passwords are not compromised. Investigation must preserve authentication, email, endpoint, and transaction records so organizations can contain unauthorized access, reverse or block fraudulent activity where possible, notify affected parties, and improve controls based on the attack path.

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Bank Info Security 7 months, 4 weeks ago

Bridging the Consumer Trust Gap in the Age of AI

Ping Identity and Ameris Bank on Stopping Fraud Without Alienating Legitimate UsersIn the latest "Proof of Concept," Rich Keith, director of product and solutions marketing at Ping Identity, and Todd Smith, senior vice president of customer IAM at Bank Ameris, joined ISMG editors to discuss how AI-based fraud is breaking trust models faster than many systems can adapt.

Bank Info Security 7 months, 4 weeks ago

ISMG Fraud Prevention, Financial Cyber Summits: The AI Bet

Cyber Leaders Address AI Threats, Compliance Resilience, Zero TrustFrom AI‑driven fraud schemes to tightening regulations and identity threats, ISMG's New York Fraud Prevention and Financial Cybersecurity Summits brought together CISOs, investigators and risk leaders to share practical strategies for strengthening defenses and building true resilience.