By Louis Columbus on December 21, 2020
Bottom Line: Cybersecurity CEOs’ lessons learned from navigating the pandemic provide a valuable framework for leading and growing a business through anxious, uncertain times. How each cybersecurity CEO responds to the challenges of keeping employees safe, customers secure, and product release cycles on schedule while still achieving customer success – all virtually – provide valuable […]
Posted in Business, Featured Posts, Startup Lessons, Technology / Software, Trends & Concepts | Tagged absolute software, Centrify, Evernym, Founder Shield, Gramener: Insights as Data Stories, Hexnode, Kount, Louis Columbus' blog, MobileIron, Osborne Global Security, Prometeo, Qohash, RapidSpace
By Louis Columbus on June 27, 2020
Bottom Line: Barclays’ and Kount’s co-developed new product, Barclays Transact reflects the future of how companies will innovate together to apply AI-based fraud prevention to the many payment challenges merchants face today. Merchant payment providers have seen the severity, scope, and speed of fraud attacks increase exponentially this year. Account takeovers, card-not-present fraud, SMS spoofing, […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged AI, AI Fraud prevention, AI-based fraud detection, Artificial intelligence, Artificial intelligence fraud detection, Barclays, Fraud prevention, Kount, Louis Columbus' blog, machine learning, Machine learning fraud prevention
By Louis Columbus on June 6, 2020
Bottom Line: Endpoint security business cases do much more than just quantify costs and benefits; they uncover gaps in endpoint and cyber protection that need urgent attention to avert a breach. Bad actors and hackers prefer to attack threat surfaces that are isolated, vulnerable with out-of-date security patches, yet integrated into a corporate network to […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged absolute software, cybersecurity, Gartner cybersecurity, Gartner ISM, Kount, Louis Columbus' blog, microsoft, pandemic, RSA Conference 2020, SIEM, Zero Trust Security
By Louis Columbus on May 10, 2020
U.S. retailers’ online year-over-year (YoY) revenue growth is up 68% as of mid-April, surpassing an earlier peak of 49% in early January. There’s been a 129% year-over-year growth in U.S. & Canadian e-commerce orders as of April 21 and an impressive 146% growth in all online retail orders. Online conversion rates increased 8.8% in February, […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged COVID-19 Commerce Insight, COVID-19 E-Commerce, COVID-19 impact on e-commerce, E-Commerce, Emarsys, GoodData Kount Consult, Kount, Kount Control – Account Takeover Protection, Louis Columbus' blog
By Louis Columbus on March 22, 2020
Bottom Line: Phishing is the leading cause of all breaches, succeeding because impersonation, redirection, and social engineering methods are always improving. And, phishing is only one way emails are used in fraud. Businesses need to understand if an email address can be trusted before moving forward with a transaction. Microsoft thwarts billions of phishing attempts […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged BitDefender, citrix, Comodo, CyberRoam, cybersecurity, E-mail security, Imperva, Kaspersky, Kount, Kount Real-Time Identity Trust Network, lastpass, Louis Columbus' blog, microsoft, Microsoft 365, Microsoft Azure, phishing
By Louis Columbus on February 23, 2020
Bottom Line: Redefining the future of fraud prevention starts by turning trust into an accelerator across every aspect of customer lifecycles, basing transactions on identity trust that leads to less friction and improved customer experiences. Start By Turning Trust Into A Sales & Customer Experience Accelerator AI and machine learning are proving to be very […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged AI, AI CyberSecurity, AI in cybersecurity, cybersecurity, Fraud, fraud detection, Kount, Kount AI expertise, Kount fraud prevention, Kount Omniscore, machine learning, Real-time Identity Trust Network
By Louis Columbus on February 3, 2020
Worldwide spending on information security and risk management systems will reach $131B in 2020, increasing to $174B in 2022 approximately $50B will be dedicated to protecting the endpoint according to Gartner’s latest Information Security and Risk Management forecast. Cloud Security platform and application sales are predicted to grow from $636M in 2020 to $1.63B in […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged Absolute, AI CyberSecurity, and zero sign-on (ZSO)., Artificial Intelligence in Cybersecurity, BloxOne DDI, BloxOne Threat Defense, Centrify, Centrify Identity-Centric PAM, Deep Instinct, infoblox, Kount, Louis Columbus' blog, Machine Learning in Cybersecurity, Mimecast, MobileIron, One Identity, Q4 2019, SECURITI.ai, Segasec, Transmit Security, Transmit Security Platform, Zero Trust eXtended Ecosystem Platform Providers
By Louis Columbus on February 1, 2020
52% of financial institutions plan to invest in additional measures to secure existing accounts, and 46% plan to invest in better identity-verification measures. 42% of digital businesses that consider themselves technologically advanced are finding fraud is restraining their ability to grow and adopt new digital innovation strategies. 33% of all businesses across retail, financial institutions, […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged Bank cybersecurity, banks, cybersecurity, Financial institutions, Fraud, Javelin Strategy and Research, Kount, Kount Cybersecurity, Kount Fraud, Kount Omniscore, Omniscore, Restaurants..., Retailer cybersecurity
By Louis Columbus on December 1, 2019
There has been a 680% increase in global fraud transactions from mobile apps from October 2015 to December 2018, according to RSA. 70% of fraudulent transactions originated in the mobile channel in 2018. RSA’s Anti-Fraud Command Center saw phishing attacks increase 178% after leading banks in Spain launched instant transfer services. Rogue mobile apps are […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged AI, Artificial intelligence, cybersecurity, Fraud prevention, Fraud screening, Kount, Kount Omniscore, Louis Columbus' blog, Mobile Transactions, RSA Anti-Fraud Command Center
By Louis Columbus on September 19, 2019
80% of fraud specialists using AI-based platforms believe the technology helps reduce payments fraud. 63.6% of financial institutions that use AI believe it is capable of preventing fraud before it happens, making it the most commonly cited tool for this purpose. Fraud specialists unanimously agree that AI-based fraud prevention is very effective at reducing chargebacks. […]
Posted in Business, Featured Posts, Technology / Software, Trends & Concepts | Tagged AI, Artificial intelligence, credit card fraud, Kount, machine learning, online fraud, payment fraud