Payment card transactions have seen revolutionary changes over the past few years – none more revolutionary than in 2020-21 – and Kolin Whitley of Visa has been right at the heart of it.

In this exclusive session, Visa's Head of North America Acceptance Risk discusses:

• Troubling payment card fraud trends
• The future migration of risk and fraud
• The expanding role of mobile payments

It is not difficult to be fooled. With constant changes to digital apps and a barrage of inbound communication, consumers are being challenged to determine the difference between legitimate business and fraudsters. Behavioral biometrics helps identify when genuine customer transactions are deliberate or accidental as well as legitimate or fraudulent.

In this session, we will share key insights from some of the more sophisticated forms of financial fraud with a focus on social engineering voice scams and money mules:

• Learn about key indicators of fraud for money mule transactions.
• Identify common practices being used to gain the trust of genuine customers.
• Listen to some common scenarios that challenge fraud defenses.

With a little bit of luck and a lot of persistence and sophistication, fraudsters are increasing their likelihood of getting genuine customers to make mistakes or even participate in fraudulent transactions. Incorporating behavioral biometrics can help protect your customers when they are unable to protect themselves.
 

As with all things cybersecurity- and fraud-related, the race between adversaries and defenders to develop more effective attacks and more robust defenses continues in the realm of bots, automation, and user account abuse. Traditional bot detection techniques that introduce or examine session-specific signals like user agent analysis, traffic volume thresholds, and visual CAPTCHAs, were effective for a time, but recent increases in both account takeovers via credential stuffing and in synthetic account creation present emerging challenges for defenders. This session describes the current state of bot defense, briefly defines the techniques and risks associated with account takeovers and synthetic accounts, and proposes a longitudinal approach to detecting account abuse and associated fraud.

Ransomware – it's been in all the news this year. But what's happening between the lines? What are the stories within the stories, and how should security leaders interpret them? Former banking CISO David Pollino dissects the year's ransomware news with an eye toward:

• Critical infrastructure disruption
• How to learn from others' mistakes
• How to avoid being the next victim