Cyber Reports Cybersecurity News & Information

All posts tagged "BioCatch"

Cyber Security2 years ago

The proliferation of money mules and how behavioral biometrics can combat this form of fraud

https://player.vimeo.com/video/727354999?h=32563172d0&badge=0&autopause=0&player_id=0&app_id=58479&dnt=1 In the first half of 2022, BioCatch estimates fraudulent transfers to money mule accounts totaled $3 billion and that there are approximately 2 million mule accounts in...
Cyber Security2 years ago

Attack methods using hybrid bots enable criminals to open mule accounts at scale

During the first half of 2022, BioCatch data reveals that money mule accounts represent up to 0.3 percent of accounts held by financial institutions, and an estimated...