Content by Suparna Goswami

How to Spot the Latest Tactics in Business ID Scams

Suparna Goswami  •  September 5, 2022

Why is business identity theft increasing, and what are the latest tactics fraudsters are using to scam businesses and gig workers? Eva Velasquez, CEO at the Identity Theft Resource Center, shares her views on how business identity theft has evolved over the years and how to prevent it.

Finding the Balance to Tackle Business ID Theft

Suparna Goswami  •  August 16, 2022

Research by Dun & Bradstreet says business identity fraud jumped 254% in 2020. Tools can help prevent this fraud but may create greater friction, say Andrew La Marca, senior director at Dun & Bradstreet, and Ralph Gagliardi, agent in charge, High Tech Crimes Unit, Colorado Bureau of Investigation.

How To Reduce Authorized Payment Fraud

Suparna Goswami  •  August 8, 2022

What makes authorized payment scams hard to detect? The speed and volume of transactions hinders banks in monitoring for fraud, but David Lott, payments risk expert with the Federal Reserve Bank of Atlanta, says educating customers and leveraging the right technology can help reduce scams.

Should US Banks Do More to Reduce APP Fraud?

Suparna Goswami  •  August 1, 2022

The US Consumer Financial Protection Bureau reportedly plans to release new guidance requiring banks to reimburse consumers for certain money-transfer service scams. Ken Palla, former director at Union Bank, says banks might look to the U.K. for examples of how to stop authorized push payment fraud.

The Crucial Ingredients of a Good Cyber Resilience Program

Suparna Goswami  •  July 21, 2022

The basic foundation of designing a reliable and dynamic cyber resilience program is to have an elaborate incident response plan that can take into account different cyberthreat scenarios and outcomes, says Singapore-based Christophe Barel, who is managing director for Asia-Pacific at FS-ISAC.

How Zero Trust Can Simplify Your Security Infrastructure

Suparna Goswami  •  July 20, 2022

How does a zero trust architecture help reduce the risk of remote access to corporate networks? Ajay Kumar Dubey, channel director at Forcepoint, shares his views on why VPNS are no longer relevant. He also discusses implementing SASE and controlling access to cloud and private apps.

Synthetic ID Fraud: Continuous Monitoring Is the Key

Suparna Goswami  •  July 15, 2022

Synthetic identity fraud can take eight to 12 months before resulting in mass fraud, meaning banks must leverage that opening to reauthenticate customers, says, Greg Woolf, founder and CEO of FiVerity. Synthetic IDs are often hard to detect, but "over a period of time, there are telltale signs."

Leveraging Interindustry Data to Discover Mule Accounts

Suparna Goswami  •  July 8, 2022

How can you leverage artificial intelligence and make sense of data from different industries to determine whether a customer is creditworthy or whether an account is a mule account? Guy Sheppard, general manager of financial services at Aboitiz Data Innovation, discusses a case study.

OT Security: Has the Industry Made Progress?

Suparna Goswami  •  July 1, 2022

OT security has been at the center of the security conversation ever since the Colonial Pipeline attacks. Scott Flower, the founder of Pareto Cyber and a former global intelligence officer at FS-ISAC, discusses the challenges in OT security and where the industry needs to go.

The Right Way to Change Your Identity Service Providers

Suparna Goswami  •  June 30, 2022

Markus Kalka, head of security authentication services at Takeda, talks about the challenges of changing identity service providers and shares the experience of consolidating three services into one at his company, a Japanese multinational pharmaceutical.

How to Implement PAM Across Multiple Companies

Suparna Goswami  •  June 27, 2022

How does a conglomerate implement PAM across multiple companies? What are some of the challenges, and how can you overcome them? Gonz Gonzales, the CISO at JG Summit Holdings, one of the largest conglomerates in the Philippines, shares his journey of PAM implementation across companies.

How Do You Migrate PAM to the Cloud?

Suparna Goswami  •  June 8, 2022

What are some challenges of shifting on-premises PAM to the cloud, and how should one go about it? Peter Gankin, head of identity and access management at Takeda, a Japanese multinational pharmaceutical company, shares his views.

Increase in Account Opening Fraud, Payment Scams Continues

Suparna Goswami  •  May 26, 2022

A majority of financial institutions have reported a rise in account opening fraud and payment scams, which is expected to continue and cause losses for banks, says Trace Fooshee, strategic adviser at Aite-Novarica Group. He discusses new technologies to put in place to mitigate scam attacks.

What Is Behind the Increase in Crypto Fraud?

Suparna Goswami  •  May 20, 2022

There has been a rise in crypto fraud, and a substantial portion of it can be attributed to stimulus funding and paycheck protection programs, says David Britton, vice president of strategy, global ID and fraud at Experian. He discusses new authentication methods and stricter regulations.

Case Study: Where to Begin Your Zero Trust Journey

Suparna Goswami  •  May 2, 2022

As one embarks on a zero trust journey, it's best to start with a network approach, according to Amit Basu, who is vice president, chief information officer and chief information security officer at International Seaways, a New York-based tanker company.