Category: Cybersecurity

Read and learn more about Cybersecurity with these articles and posts by Ekata, a Mastercard company.

account takeover security, account security, financial services, banking

Account Takeover Fraud

Stopping account takeover fraud across the financial services sector

The digitalization of the banking industry is seeing customers engage more and more with online financial services on a global level. With 70% of financial institutions worldwide already reporting losses exceeding $500K in 2022, it’s crucial to understand how digitalization is opening the doors to new and increasingly sophisticated fraud attacks. In fact, recent research […]

1.24.2024

Synthetic Identity Fraud

What is synthetic identity fraud and how does synthetic identity theft work?

5.18 billion – that’s the internet population of the world as of April 2023. Every day, billions of users access new digital services—from ordering food on their favorite app to digitally opening a bank account to purchasing a new pair of sneakers online. With over 64 percent of the world interacting online, the digital economy presents […]

8.23.2023

Telecom Fraud

Call off telecom fraud threats this holiday season – and beyond

According to the recent Communications Fraud Control Association Report, in 2021 $39.9 billion in revenue was lost to telecommunications fraud. In the United States alone, 74 million telco customers already had their data leaked to the dark web before the end of the first quarter of this year. Unfortunately, these threats are not subsiding any time […]

8.9.2023

Cybersecurity

Mastercard cyber and security summit: From crypto to third-party engagement

A Roundup of Roundtables with RiskRecon, and Mastercard’s Crypto & Security Innovation Division Cybercriminals know no borders; their modes and methods are ever-evolving – and global. Therefore, collaboration across industries and borders must be a priority. We recently hosted the inaugural Mastercard Cyber and Security Summit in Australia, held in both Melbourne and Sydney. We […]

12.16.2022

Ekata

Mastercard Cyber & Security Summit 2022: Roundtable Round-Ups

Cyber criminals know no borders; their modes and methods are ever-evolving. This is why collaboration should be an industry priority. We have just hosted the inaugural Mastercard Cyber and Security Summit in Australia, held in both Melbourne and Sydney. We invited industry professionals across ecommerce, financial services, fintech, and digital payments to come together and […]

11.14.2022

Consumer Trust in eCommerce and the Digital Economy: Panel Wrap-Up – Mastercard Cyber Security Summit

Ekata

Surviving and Thriving the Digital Economy: Panel Wrap-Up - Mastercard Cyber Security Summit

September was a solid month for cyber security. Mere weeks after hosting the inaugural Mastercard Cyber and Security Summit in both Melbourne and Sydney, one of the largest cyber attacks in Australia’s history took place. As talks of reforms are being had in the wake of such a ransomware attack, one thing is clear. Consumer […]

10.23.2022

Ekata

Optimizing Fraud Management in the Asia Pacific Digital First Economy

A discussion into the changing APAC digital landscape The Rise of the Digital Economy Here’s what we already know: the potential of the digital economy – the broad range of economic activities that use digitized information and technology to drive productivity growth – has been recognized for decades by numerous business leaders, innovators, researchers, and […]

4.4.2021

Ekata

How Ekata Approaches Cybersecurity and Data Privacy

We understand that the security and confidentiality of the data you send us is important. That’s why we continuously monitor our systems and regularly evaluate our information security controls to ensure they’re appropriate and effective. We’re focused on security and data privacy in several main areas: Access control: access to systems and data at Ekata […]

11.14.2017