Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The subscription model is a gift that keeps on giving. For customers, it offers convenience, flexibility, and continuous access to the services or products they love. For businesses, it creates a steady and predictable revenue stream, fosters long-term customer relationships, and provides valuable insights into user behavior. But here’s a third player in the game that loves subscriptions just as much: fraudsters.

What do bank account takeovers, credit card scams, purchase of counterfeit goods, and frequent flier mile theft, all have in common? All these cyber crimes usually begin with a user visiting a fake website. In the first quarter of 2024, over 963,000 unique phishing sites were detected worldwide. Phishing sites are just one category of fake websites that mimic legitimate sites to steal information. The overall scope of fake websites is likely much broader.

Almost a decade after their emergence, Progressive Web Apps (PWAs) finally went mainstream in 2024. Their MO? To compete with, and in some cases replace native apps. To do this, PWAs promise to combine the best features of web and native mobile apps, delivering seamless, reliable, and engaging experiences across all devices and platforms. Cross-platform compatibility, direct distribution, cost and maintenance advantages – it all sounds very alluring.

Whenever anything of value is transferred between parties online, there will be crooks lurking in the shadows, looking to defraud the participants. As consumers, we almost expect them to be there. As businesses, it’s often our responsibility to protect our customers and prospects from being defrauded by bad actors masquerading as our representatives. Airline-related fraud accounts for an estimated 46% of all fraudulent online transactions.

Every day, new headlines emerge about another major corporation falling victim to a cyberattack, leaving businesses everywhere questioning their vulnerabilities. These breaches underscore the critical need for thorough risk assessments to identify and mitigate potential weaknesses. Proactively managing risks enables organizations to better defend against the relentless wave of cyber threats.

Estimating the potential impact of a successful cyber attack may seem impossible, especially given the rapid expansion of organizations’ digital footprint (and, consequently, their attack surface). One example are attacks which pertain to the contact points between businesses and clients, such as websites and mobile apps. In particular, these assets can be cloned and used for phishing attacks.

Two deceptive tactics—spoofing and phishing—are at the core of many cyberattacks. Understanding these threats is essential for protecting your digital assets.

Phishers are in the business of deception. They trick unsuspecting individuals into compromising sensitive data, potentially bringing an entire organization to its knees. Awareness training for employees is one of the most important tools a company can use in its anti-phishing strategy. However, it also has its downsides. Some of these flaws can, and should be fixed. Others leave no choice but to complement training with additional anti-phishing tools.

Risk management has always been a central part of business, especially for financial institutions. From bank loan underwriting to insurance premium calculations and payment risk assessment, comprehensive risk management methodologies are vital to any business that deals with high-trust user actions. In particular, risk management is crucial to combating fraud – a huge global problem, the broad economic impact of which is clear.