Fraud trends from the latest ThreatMetrix cybercrime report

On this episode of the Cyber Work podcast, Rebekah Moody, market planning director at ThreatMetrix, a LexisNexis Risk Solutions company, discusses the latest ThreatMetrix cybercrime report she co-authored and some of the practical takeaways your company or personal network can implement from the report.

– Join us in the fight against cybercrime: https://www.infosecinstitute.com
– Special offer for Cyber Work listeners: https://www.infosecinstitute.com/podcast

In the podcast, Moody and host Chris Sienko discuss:

– How and when did you first get interested in security and cybercrime? (1:40)
– How long has ThreatMetrix been publishing cybercrime reports? (2:40)
– How is the data compiled for the report? (3:40)
– Mobile payment transactions saw 24% year-over-year growth. Is this where you see the next wave of cybercrime occurring? (5:50)
– Were you surprised by the jump in mobile financial transactions? (9:00)
– What result from the report did you find the most troubling and why? (10:15)
– Are the rise of bot-driven attacks indicative of a new wave of automated attack systems? (12:35)
– Cross-organizational fraud is strong within a variety of sectors. How does this change what we understand about addressing cybercrime? (14:05)
– Are there any security policy changes that industries need to implement to address these new challenges? (16:10)
– What has caused Latin America to emerge as “a hotbed of new account creation fraud”? (17:30)
– Why is new account creation such a hot spot for fraudsters? (19:55)
– Why is the media industry specifically a free-for-all of fraudulent account creation? (21:30)
– What can the media industry do to tighten up security? (23:20)
– Tell us more about risk-based testing and what you’re looking for regarding activity patterns in new (Read more...)

*** This is a Security Bloggers Network syndicated blog from Infosec Resources authored by Jeff Peters. Read the original post at: http://feedproxy.google.com/~r/infosecResources/~3/q3ESHPeX5SI/