GovInfoSecurity
March 31, 2021
Compliance
Account takeover fraud remains an ongoing problem for financial institutions, e-commerce merchants, and virtually any organization that offers products or services that can be monetized. These attacks, helped along by the global pandemic, grew substantially last year as the increased reliance on digital services offered fraudsters more potential victims to target. From manual account takeover to more sophisticated attacks that leverage malware or remote access tools, digital behavior is providing a deep layer of visibility into fraud risk.
Download the e-book and gain insights on:
Top five factors fueling the growth in account takeover attacks
The gaps traditional fraud prevention tools are leaving behind
Digital banking has become the single most effective channel for financial institutions to drive growth, increase revenue and attract new customers. Yet, it also introduces more risk, and cybercriminals are following the money right into the online account opening process.
Today, a staggering 85% of financial institutions experience fraud in the account opening process5, a problem that is increasingly difficult to detect when there is no prior profile or relationship with the customer. So how can you trust a customer you have never seen before?
Access the white paper to reveal:
The top emerging security risks in the account opening process
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Deep Technology Startup ADGS Releases PANDEXIT, a COVID Variant Simulator Awarded by World Innovation Summit for Health
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DOHA, Qatar (PRWEB) January 27, 2021
A first of its kind software to fight the spread and impact of COVID-19, PANDEXIT, has just been released by Qatar-based Deep Technology startup, ADGS. “By simulating as realistically as possible the social interactions in a specific country, PANDEXIT can extrapolate the spreading of emerging biological diseases and thereby provide a powerful predictive tool to combat the current pandemic,” says ADGS CEO, Christophe Billiottet. Governments are mostly blind in their fight against the COVID-19 pandemic. Facing a mutating virus, decision makers quickly establish lockdowns or curfews without a real foresight about their effect on the pandemic : there is an unwitting blindness about if containment rules will be efficient or overkill, about how many ICU will be required, when o
Qatari Deep Tech Startup ADGS Creates First of Its Kind Tool to Battle COVID-19
DOHA, Qatar, Jan. 14, 2021 /PRNewswire/ A Qatar-based Deep Technology startup, ADGS, is creating cutting edge research and development in behavioral data science that will provide a first of its kind tool in the fight against COVID-19. ADGS was founded with the mission to develop algorithms for computers to ethically reproduce human behavior. Using this technology, ADGS has developed a product that offers a major advancement in preventing the spreading of COVID-19. ADGS technologies address big societal challenges and will likely shape the way we solve some of the most pressing global problems, now and for the future, says CEO, Christophe Billiottet. These technologies have the power to create their own markets and disrupt existing industries.