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Fraud & Security
Javelin explores and analyzes how financial institutions can get ahead of criminals using technology, training and education. Our insights guide financial institutions to devise effective strategies to safeguard their data, systems and customers through two specialized practices – Fraud Management and Cybersecurity.
Mitigate Security Threats and Keep Accounts and Identities Safe
Criminals’ tactics are always changing. So is the technology that can help head them off. Javelin’s analysis can help keep financial institutions—and thus their customers—a step ahead. Further, Javelin can help you position your customers as partners in protecting their own information from would-be thieves.
Recent Fraud and Security Research
Reports
Uber’s Extortion Incident: Avoiding Future Missteps and Misunderstandings
- Javelin Report
- Date: May 9, 2018
- Author(s): Sean Sposito, Test Test
- Research Topic(s): Cybersecurity, Fraud & Security
In late November 2017, Uber announced a previously undisclosed theft of data affecting roughly 57 million riders and drivers that had taken place roughly a year earlier. The ride-sharing startup said it had arranged $100,000 payment a year earli...
Bug Bounties: Overcoming Fears, Finding Solutions
- Javelin Report
- Date: May 2, 2018
- Author(s): Sean Sposito, Test Test
- Research Topic(s): Cybersecurity, Fraud & Security
This report examines the interest, trust, and doubts FIs have in bug bounty programs (initiatives that incentive vulnerability disclosure) and, more generally, vulnerability disclosure.
2018 Child Identity Fraud Study
- Whitepaper
- Date: April 24, 2018
- Author(s): Kyle Marchini
- Research Topic(s): Fraud Management, Fraud & Security
This original report, sponsored by Identity Guard, examines the risks that child identity fraud poses to minors and their guardians along with the most effective steps that guardians can take to mitigate those risks.
From Application to Transaction: Card Fraud Trends, Threats, and Tactics
- Whitepaper
- Date: April 18, 2018
- Author(s): Test Test, Sean Sposito
- Research Topic(s): Fraud Management, Fraud & Security
This original report, sponsored by FIS, examines how payment card fraud is manifesting at the application stage and during transactions, and identifies the opportunities for financial institutions and other card issuers to preserve relationships...
2018 Identity Protection Service Market Report: Building Engagement to Deepen Customer Relationships
- Javelin Report
- Date: April 4, 2018
- Author(s): Kyle Marchini, Test Test
- Research Topic(s): Fraud Management, Fraud & Security
Even as identify fraud reaches new highs in the US, the identity protection market is facing new struggles in satisfying users. Between 2015 and 2017, the IDPS industry shrank by $500 million in revenue, to total $3.7 billion in 2017. This point...
The Role of Applicant Behavior in Identity Proofing
- Whitepaper
- Date: March 26, 2018
- Author(s): Test Test, Kyle Marchini, James Wilson
- Research Topic(s): Fraud & Security, Fraud Management
This original report, sponsored by BioCatch, explores the role that applicant behavior plays in assessing digital-channel identity risk within financial services.
After SMS One-Time Passwords: Meeting the Authentication Needs of Banks and Their Customers
- Whitepaper
- Date: March 19, 2018
- Author(s): Test Test, Kyle Marchini
- Research Topic(s): Fraud Management, Fraud & Security
This original report, sponsored by Boloro, examines the use and degradation of SMS one-time passwords, along with the qualities that made it so pervasive, and charts a path forward for institutions in search of a viable replacement.
Symantec Deprecation: Trust Beyond the Browser Lock
- Javelin Report
- Date: March 16, 2018
- Author(s): Sean Sposito, Test Test
- Research Topic(s): Cybersecurity, Fraud & Security
As foot traffic to branches dwindles and online financial services expands, there is no more important function for bankers to consider than the means by which customers securely access their online and mobile banking pages. Concurrently, big ch...
2018 Digital Lending Trends
- Javelin Report
- Date: March 1, 2018
- Author(s): Test Test, James Wilson
- Research Topic(s): Digital Strategy & Experience, Mobile & Online Banking, Fraud Management, Cybersecurity, Tech & Infrastructure, Small Business, Digital Lending, Digital Banking, Fraud & Security
While most areas in retail banking have embraced the power of going digital, lending has been a clear laggard. It is only over the last few years that lending has truly embraced the digital revolution. Spurred by threats from alternative provid...
2018 Cryptocurrency Wallet Safety Scorecard
- Javelin Report
- Date: February 28, 2018
- Author(s): Test Test, Kyle Marchini, Sean Sposito
- Research Topic(s): Fraud Management, Fraud & Security
This Javelin scorecard report evaluates the customer-facing fraud mitigation features of major cryptocurrency wallets against the fraud threats facing cryptocurrency investors.