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Mumbai, India & Tel Aviv, Israel (Feb. 27, 2024) In a report, BioCatch – the global leader in digital fraud detection powered by behavioral biometric intelligence – released findings showing account takeover represents more than half of all fra ....
BioCatch, fraud detection solutions provider, in its report said every device found to participate in mule activity in India logged into an average of 35 accounts each. ....
Banks in India need to bolster their fraud defences as the number of mule accounts surge and third-party account takeover fraud (55 per cent of all frauds in the country) represents a bigger threat than social engineering scams, a report showed on Wednesday. ....
BioCatch’s 2024 Digital Banking Fraud Trends in India report – the company’s first ever focusing solely on any one nation – offers an in-depth look at the latest fraud risks and prevention strategies for banks in the country as they rapidly employ digital transformation strategies. ....
New Delhi: Banks in India need to bolster their fraud defences as the number of mule accounts surge and third-party account takeover fraud (55 per cent of ....