cybersecurity

Fraud fighters SEON have revealed a raft of new updates to improve its system, and to help minimise false results.

Why rules don’t work

September 21, 2022

The common detection technology today is based on rule engines. But rules have limited effectiveness in the application layer.

Chief Financial Officers Ignoring Cyber Risk Worth Millions of Dollars According to Kroll Report

September 13, 2022

Kroll, the leading independent provider of global risk and financial advisory solutions, today announced its report Cyber Risk and CFOs: Over-Confidence is Costly

‘Fraudsters will exploit recession’ says SEON

September 6, 2022

Fraud fighters, SEON, has released a new report which examines the potential impact that global economic uncertainty may have on fraud

Record-breaker SEON Dares to be Different with Bold Marketing Hire

June 8, 2022

Building on its record-breaking Series B investment, SEON has hired Matt Davies, formerly VP of Customer Marketing at Splunk as its new Chief Marketing Officer

A Step in the Right Direction: SEON’s Footprint Expansion Makes It Harder for Fraudsters

June 7, 2022

Global fraud fighters, SEON has today gone further in its battle to eradicate online fraud by expanding the number of digital platforms analyzed through its industry-leading email and phone API checks to more than 50.

Press Release

Fraud Fighting Gets a Boost with SEON’s Blackbox Update

May 31, 2022

SEON’s customers are now able to leverage the speed of its blackbox machine learning, alongside the transparency of whitebox machine learning scoring and rules.

Press Release

‘Behind The Pain’ Brings the Laughs at this Year’s Webby Awards

April 28, 2022

SEON’s ‘Behind The Pain’ web series has been named as an ‘Honoree’ at this year’s Webby Awards, the leading international award show that honors and recognizes excellence across the Internet.

Press Release

SEON raises $94 million Series B to address exponential growth of online fraud

April 19, 2022

SEON, a London-based Anglo-Hungarian startup that powers online fraud prevention, raised $94 million in Series B funding.

Asia Blockchain Digital Assets News

North Korea’s Secret Crypto Empire: How The Regime Is Building Wealth In The Digital Age

February 14, 2022

According to a forthcoming UN report, North Korea has engaged in dozens of cyberattacks and stolen millions of dollars in cryptocurrency.

Press Release

ESRB recommends establishing a systemic cyber incident coordination framework

January 27, 2022

The European Systemic Risk Board (ESRB) has today published a Recommendation for the establishment of a pan-European systemic cyber incident coordination framework (EU-SCICF).

Digital Assets Hot News Must Read News Regulator USA

Binance alleged to have collected biometric data unlawfully in US

December 1, 2021

Binance is facing a class action lawsuit in Illinois, which alleges that the world’s largest cryptoexchange has unlawfully collected its users’ biometric data.

Blockchain Digital Assets Technology

Institutional Investors in DeFi

November 5, 2021

Konstantin Anissimov, CEO of CEX.IO, shared his thoughts with us on why and how institutional investors have become more involved in decentralised finance.

AML / KYC

Increasing Bank Customer Loyalty Over Secure Video

September 10, 2021

In a world that’s changed overnight, banks that find a secure way to provide digital services, from everyday customer support to KYC, will come out ahead in the race to keep customers loyal. Traditional financial institutions who don’t adapt risk losing current customers and being unable to attract new clients.

Press Release

UK financial institutions spend an average of £374k each year on preventing financial crime

July 26, 2021

The survey of 300 financial crime decision makers working in the financial services sector in the UK, also found that on average, organisations spent £53 annually on financial crime defence for each customer relationship they have.

Press Release

Spending to rapidly increase as financial services firms plan to boost IT investment to tighten security

July 8, 2021

The latest results from the CBI/PwC Financial Services Survey 2021 show that 70% of firms plan to invest more over the next 12 months. This is almost double in comparison to 2020 when only 48% of firms questioned said they plan to increase investment in this area.

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