The Top Fraud Trends in 2021 and Beyond - Security Boulevard

SBN The Top Fraud Trends in 2021 and Beyond

The Arkose Labs virtual Fraud Prevention Panel Series hosted April 6-22, 2021 provided attendees with insights and top tips for fraud prevention for this year and beyond. Leading industry experts discussed top fraud trends in-depth and delivered interactive masterclasses to help businesses collaborate fearlessly and eliminate fraud

Due to the rapid digital transformation of businesses and consumers relying increasingly on digital channels for daily life activities, fraud has soared to new levels, never to return to what it was like in the pre-pandemic era. To help businesses understand the threats specific to their industries due to this unprecedented digital activity and how they can efficiently balance fraud prevention with seamless user experience, Arkose Labs hosted a virtual panel series from 6-22 April, 2021.

FinConDX 2021

The virtual fraud prevention panel series featured luminaries from the industry and included experts from Chime, BBVA, Socure, Feedzai, Seon, PayPal, Mission Lane, WarGaming, LinkedIn, Pitney Bowes, Bill.com, MoneyLion, Insparx, I2C, MRC, CyberSource, and Sony who shared insights and top fraud trends with the attendees from various industries.

I am thankful to all of them for making the panel series richer with their industry knowledge and insights. I am grateful to the attendees for making the discussions vibrant with their sharp questions that enabled discussing the challenges deeper and putting forth multiple points of views to find actionable solutions. This collaboration also enabled sharing of the best practices that will go a long way in helping fight the ever-evolving challenge of fraud and online abuse.

Informative sessions, live demos, and masterclasses

Our fraud prevention panel series is a part of our ongoing efforts to help organizations understand the evolving digital landscape so they can prepare themselves better to collaborate fearlessly and eliminate fraud, ensuring protection of their business and consumers long-term. The panel series which was woven around four sessions namely: Account Protection, Fraud Prevention, Trust and Safety, and Bankrupting Fraud.

Attendees to this panel series could join industry leaders for networking and interactive sessions and learn about the latest fraud prevention trends, tools, and techniques. They learned how fraud, risk, and security have changed over time and how fraud prevention experts are adapting to those changes, as well as how to uncover novel attack patterns. In addition to hearing the industry experts share their philosophies that can disrupt the way things are done in fraud prevention, attendees to the fraud prevention panel series also gained insights into the top tips for fraud prevention in 2021.

As our guests, attendees participated in live demos and engaged with experts in interactive masterclass sessions, which included masterclasses on Defeating ATO: The Fastest Growing Issue in Fraud, Effectively Measuring the Economic Impact of Fraud Prevention, Creativity and the Art of Authentication, and Anatomy of an Account Takeover Attack. These interactive masterclasses enabled participants to deep-dive into the subject and gain practical, actionable insights that will enable them to handle these challenges effectively.

Collaborate fearlessly, eliminate fraud

At Arkose Labs, it is our endeavor to bring multiple stakeholders together to share the best practices and enable each other to move closer to bankrupting fraud and resolving the challenge of online abuse. We will continue making efforts to collaborate and drive collective effort to protect consumers and digital businesses from the onslaught of unrelenting and ever-evolving attacks.

If you missed out on attending this fraud prevention panel series, you can access the on-demand videos of the insightful sessions, here

*** This is a Security Bloggers Network syndicated blog from Arkose Labs authored by Kevin Swartz. Read the original post at: https://www.arkoselabs.com/blog/the-top-fraud-trends-in-2021-and-beyond/