Michael Jabbara, Vice President, Head of Global Fraud Services at Visa, covers the evolution of the financial fraud landscape and more in this episode of The Security Podcast.
New and emerging types of technologies with insufficient-to-no security controls are being widely adopted by organizations of all types, bringing more fraud pathways.
Malicious actors are taking advantage of the opportunity to target exposed API endpoints and craft malware-infested images to facilitate distributed denial-of-service (DDoS) attacks and mine cryptocurrencies.
Cryptocurrency theft and scams stands at $4.4 billion, the lowest it has been in two years, according to the Cryptocurrency Anti-Money Laundering Report.