ThreatMark

🔍 Looking for new insights on the liability shift for fraud losses? In times when online fraud is becoming increasingly sophisticated, understanding the shifting landscape of fraud liability is more important than ever. Our latest white paper, "The Liability Shift: Understanding Fraud Losses Responsibility and Mitigation," dives deep into the complexities of fraud losses and the evolving responsibilities of financial institutions. Discover more about:  🔹 The global surge in online fraud and its impact on the financial sector.  🔹 Strategies for banks and payment service providers to not only effectively mitigate fraud but also preserve customer trust and ensure a frictionless experience.  🔹 The role of cutting-edge technologies, like ThreatMark’s behavioral intelligence, in combating advanced types of fraud, such as APP scams. This comprehensive white paper is a must-read for anyone looking to stay ahead in the fight against online fraud. Download now and take the first step towards safeguarding your customers. Download the white paper here 👉 https://bit.ly/3xfN3M8 #FraudPrevention #LiabilityShift #WhitePaper 

SPEAKER ANNOUNCEMENT #4 👇 We’re excited to introduce our next keynote speaker at the DACH Fraud Summit—Raisa Fedorovska! Raisa is the Head of EMA Academy and Cybersecurity School, bringing a wealth of experience in fraud detection and risk management. Her insights are not just informative but truly transformative for anyone involved in fraud prevention. In her talk, *Scams in the Shadows of War: Ukraine's New Battleground*, Raisa will explore the evolving nature of fraud in Ukraine amidst the ongoing conflict. She’ll shed light on the emergence of new tactics and how financial institutions are adapting to these unprecedented challenges. Discover how the resurgence of fraud is being met with sophisticated defense strategies, and what lessons can be applied globally. Join us for what promises to be an eye-opening presentation. Check out our site for more info 🔗 https://buff.ly/4dC0YMu #DACHFraudSummit #FraudPrevention #CybersecurityInnovation"

SPEAKER ANNOUNCEMENT #3 👇 We’re thrilled to introduce our next keynote speaker at the DACH Fraud Summit—Romano Ramanti! Get ready to be inspired by Romano, a Certified Ethical Hacker and the Swiss Banking Representative in the European Payment Council's Fraud Prevention Working Group. Romano is on the frontlines of digital defense, bringing his wealth of experience in ethical hacking and cutting-edge fraud prevention strategies straight to you. In his keynote, *Proactive Measures Against Sophisticated Scams*, Romano will explore Switzerland’s advanced methods for combating financial fraud. He’ll dive into techniques like AI-driven threat detection and international collaboration, showcasing how these strategies effectively block fraudulent transactions and safeguard the financial sector. Check out website for more details 🔗 https://buff.ly/4dC0YMu #DACHFraudSummit #FraudPrevention #ThreatMarkFraudFighters

SPEAKER ANNOUNCEMENT #2 👇 We're excited to announce our next keynote speaker at the DACH Fraud Summit—Daniel Stirnimann! As a Security Engineer at Switch, Daniel is on the front lines of defending Swiss banks against digital fraud. With his deep experience in fraud prevention and risk management, Daniel will be sharing crucial insights that you won't want to miss. In his presentation, Unraveling the Phishing Puzzle, Daniel will tackle the rapidly growing threat of phishing in Switzerland’s finance sector, where attacks have surged by 50% annually over the past four years. He’ll reveal innovative techniques for uncovering phishing kits and turning the tables on cybercriminals. If you're looking to stay ahead of the latest threats, this is a session you need to attend. Stay tuned for more speaker announcements as we count down to the summit! Check out our website for more details 🔗 https://buff.ly/4dC0YMu #FraudSummit #FraudPrevention #PhishingProtection

🚨🇬🇧 Important update on APP Fraud Reimbursement limits in the UK 🚨 The Payment Systems Regulator (PSR) is reducing the maximum limit on Authorised Push Payment (APP) fraud reimbursement from £415k to £85k, coming into effect this October. 💼 This shift has been the subject of much debate, but who will it really impact? Here's a breakdown: 🏦 CRM participants and institutions with fraud guarantees Minimal impact since they already cover more than £85k in cases. 🏛️ Payment Service Providers (PSPs) with strong controls Will see reduced risk of high-value claims but could face "bad luck" on rare high-value cases. 🔓 PSPs with weaker controls The overall risk remains high with potential for multiple high-value claims, though individual claims might decrease in size. 😥 Victims While more than 99% will not be affected, those who suffer life-changing losses will still be impacted, but some reimbursement is better than none. 🤔 First-party fraudsters Likely unaffected, as they tend to focus on lower amounts to stay under the radar. 👿 Organised scammers No major impact since reimbursement limits don’t typically influence their operations. 🐴 Mules No impact; accounts will still face closure, losses will be written off, and markers will be added to credit files. At ThreatMark, we believe the focus should shift towards enhancing customer processes and using data-driven detection methods to combat fraud. The emphasis should be on proactive measures, not just limits. 🔗 https://buff.ly/47cIM9Y #FraudPrevention #APPfraud #PSR

SPEAKER ANNOUNCEMENT #1 👇 We're thrilled to introduce our first keynote speaker at the DACH Fraud Summit—Michael Wachert Rabl! Michael is a seasoned Security Specialist at ERSTE Group, one of the largest financial services providers in Central and Eastern Europe, with over 15 million customers across 8 countries. He brings a wealth of expertise in fraud prevention and risk management that you won't want to miss. Michael’s presentation will dive into the cutting-edge world of AI-driven fraud detection. Imagine harnessing the power of machine learning to outsmart fraudsters, but with a twist—how do we ensure these advanced systems are transparent and compliant? Michael will reveal the secrets to unlocking this potential, balancing innovation with the demands for clarity and governance. Stay tuned as we continue to introduce more incredible speakers leading up to the summit! Check out website for more details 🔗 https://buff.ly/4dC0YMu #FraudSummit #FraudPrevention #AIDrivenFraudDetection

🚨💔 Unveiling the Dark Side of Online Romance ThreatMark recently had the opportunity to dive deep into the murky world of online romance scams with Becky Holmes, the author of Keanu Reeves Is Not In Love With You: The Murky World of Online Romance Fraud. In this fascinating interview, Becky sheds light on the deceitful strategies scammers use to prey on vulnerable individuals and emphasizes the critical role that banks can play in detecting and preventing these devastating frauds. If you're concerned about online safety or work in the financial sector, this is a must-read. Check out the full interview here 👉 https://buff.ly/4cJF7lc #FraudPrevention #RomanceScams #OnlineSafety

🚨 Live from Las Vegas! 🚨 ThreatMark Fraud Fighters Garrett Sadler and Terrance Ellis are at the International Association of Financial Crimes Investigators (IAFCI) Annual Training Conference and ready to dive into discussions on Social Engineering Scams, Account Takeovers, and cutting-edge strategies to prevent real-time payment fraud. Swing by to Booth #13 or connect with us on the Whova app to schedule a 1:1 session with our experts. We hope to see you there! #IAFCI #AccountTakeovers #Scams

As fraudsters evolve, so must our defenses. Recent insights from the CZ & SK Fraud Summit reveal the sophisticated fraud methods that financial institutions must be ready to combat: 🔹 SIM Swapping: Old trick, new risks. Fraudsters now exploit eSIM technology to take over phone numbers and access sensitive data. 🔹 Voicebots & Vishing: Automated voicebots are now used to lure victims into phishing traps, leading to financial losses. 🔹 NFC Wormhole & Deepfakes: Cutting-edge tech like NFC and AI-driven deepfakes are being weaponized to steal money and trust. Learn more about these threats and how to protect your organization in our latest article: https://buff.ly/3XaNfq2 #FraudPrevention #Fintech #DigitalBanking

We're excited to share that ThreatMark will be attending the highly anticipated Financial Crime and Cybersecurity Forum: Unleashing Innovation Against a Rising Threat Landscape next week in Charlotte, North Carolina. This premier event will bring together leading financial institutions, renowned experts from Datos Insights, and anti-fraud professionals to discuss cutting-edge strategies for combating the ever-evolving landscape of financial crimes and cyber threats. Connect with Mark Anderson or Mike LaFleur to explore innovative solutions and connect with pioneers in the fight against financial crime. #FinancialCrime #FraudPrevention