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Persona combats fraud during business onboarding

Persona announced the next generation of their unified KYC-KYB platform that will combat sophisticated fraud during business onboarding and throughout the business lifecycle. These enhancements deliver insights into both businesses and the individuals behind them, enabling more effective fraud detection compared to traditional single-focus solutions. The rise in business fraud has created significant challenges across industries, from marketplace merchant fraud to fintech application fraud. According to the FTC, business identity theft has reached unprecedented levels, … More → The post Persona combats fraud during business onboarding appeared first on Help Net Security.
http://news.poseidon-us.com/TJMfGg

Appeals court allows removal of watchdog agency head as legal battle rages over Trump firing

The U.S. Court of Appeals for the District of Columbia sided with the Trump administration, allowing the immediate removal of Hampton Dellinger as head of OSC. The post Appeals court allows removal of watchdog agency head as legal battle rages over Trump firing first appeared on Federal News Network.
http://news.poseidon-us.com/TJMbQp

Socure launches Identity Manipulation Risk Score

Socure launched Identity Manipulation Risk Score, a cross-industry predictive risk score designed to stop repeat first-party fraud abusers from exploiting the digital economy at scale. This AI-powered capability is embedded within Sigma First-Party Fraud, Socure’s innovative solution that leverages the largest cross-industry first-party fraud consortium to perform real-time analysis of dispute histories, payment denials, and account closures across millions of identities and billions of transactions. Socure’s first-party fraud consortium spans major financial institutions, fintechs, payment … More → The post Socure launches Identity Manipulation Risk Score appeared first on Help Net Security.
http://news.poseidon-us.com/TJMZCJ

Veterans Affairs planning to eliminate 72,000 positions

VA Secretary Doug Collins said the department is looking at a 15% cut to return the agency to 2019 staffing levels. The post Veterans Affairs planning to eliminate 72,000 positions first appeared on Federal News Network.
http://news.poseidon-us.com/TJMYkf

Veterans Affairs planning to eliminate 72,000 positions

VA Secretary Doug Collins said the department is looking at a 15% cut to return the agency to 2019 staffing levels. The post Veterans Affairs planning to eliminate 72,000 positions first appeared on Federal News Network.
http://news.poseidon-us.com/TJMYhQ

For better quantum sensing, go with the flow

Scientists encased nanodiamonds in tiny moving droplets of water to improve quantum sensing. The new technique lets researchers detect trace amounts of certain ions and molecules, and could someday find applications in environmental monitoring, medicine, bioengineering, and more.
http://news.poseidon-us.com/TJMTKv

Cyberattacks targeting IT vendors intensify, causing bigger losses

Ransomware criminals are on the hunt for prime targets that can yield bigger payouts, according to cyber risk management firm Resilience.
http://news.poseidon-us.com/TJMNnN

Riskified Adaptive Checkout mitigates fraud for ecommerce merchants

Riskified launched Adaptive Checkout, a solution designed to drive higher conversion rates by not falsely declining good orders while also mitigating fraud for ecommerce merchants. This configuration of Riskified’s Chargeback Guarantee product enhances existing fraud prevention models by incorporating a powerful new conversion optimization engine. This engine intelligently adapts the checkout process to the risk level of each transaction, ensuring more legitimate transactions are approved while reducing fraud. Traditional fraud prevention systems rely on nested … More → The post Riskified Adaptive Checkout mitigates fraud for ecommerce merchants appeared first on Help Net Security.
http://news.poseidon-us.com/TJMHSl

How to prevent data leakage in collaboration tools like Slack and Teams

In recent years, collaboration tools have become an absolute necessity for remote and hybrid work. This primarily increased during the COVID-19 pandemic due to the impossibility of communicating in person. So, tools like Slack, Microsoft Teams, and Zoom surged in popularity, enabling employees to stay connected despite physical distances. But this sudden transition to online communication opened up many questions related to security because the vast majority of employees were accessing sensitive information from home … More → The post How to prevent data leakage in collaboration tools like Slack and Teams appeared first on Help Net Security.
http://news.poseidon-us.com/TJM8VP

CBA technology teams facing cuts

Finance union says up to 164 roles may be impacted.
http://news.poseidon-us.com/TJM86B