Fraud

The Expanding Battlefield of P&C Insurance Fraud: How a Digital Software Mitigate Risks

Property and casualty insurance companies now face serious fraud threats from clever schemes. Modern fraudsters use advanced techniques to find weak spots in insurance processes. They build complex networks that regular detection methods can’t easily spot. Old systems make these problems worse. These outdated technologies store data in separate places, which stops insurance carriers from … Read more →

North Korean hackers likely culprit behind $100M Cryptocurrency Heist

North Korean state-sponsored hackers were believed to be the possible perpetrators of a hack that resulted to the theft of around $100 million in cryptocurrency, according to the analysis of blockchain researchers. If verified to be true, then last week’s attack would make it the eighth this year 2022 – involving stolen funds worth $1 … Read more →

How to Protect Yourself From Online Scams 

    With the evolution of technology, much like anything else, even scammers have revolutionized themselves and their methods. Today, the ways in which one might be scammed have become far more complex and intricate for anybody to evade easily.   So, we need to be exceptionally careful while filling up any kind of information anywhere … Read more →

Defeating the Skimmer: Why Chip Cards Are the New, More Secure Way to Pay

Did you know the magnetic stripe on your credit card is made using technology that first emerged in the 1950s? Because it’s been around for so long, criminals have become experts at stealing the valuable information stored in that stripe. No wonder vendors worldwide are replacing swipe cards with the modern EMV (Europay, MasterCard, and … Read more →

Worried about using your credit card online?

Usually I’d say “don’t be”. There’s nothing wrong with using your credit card online, it’s mostly safe and mostly convenient at the same time. Just follow a few simple precautions to minimize the chances of being a victim of credit card fraud, such as: Never give your PIN code to anybody (you don’t need your … Read more →