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News alert: Memcyco report reveals only 6% of brands can stop digital impersonation fraud

The Last Watchdog

provider of digital trust technology designed to protect companies and their customers from digital impersonation fraud, released its inaugural 2024 State of Website Impersonation Scams report. New York, NY, May 21, 2024, CyberNewsWire — Memcyco Inc., Federal Trade Commission. The full report can be found here.

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Darwinium upgrades its payment fraud protection platform

CSO Magazine

Use cases for the Darwinium platform include account security, scam detection, account takeover, fraudulent new accounts, synthetic identities, and bot intelligence. The company claims that the update ensures customers remain in control of users’ data while also preventing Darwinian from becoming a target of cybercrime.

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NEW TECH: Cequence Security launches platform to shield apps, APIs from malicious botnets

The Last Watchdog

The nonstop intensity of these attacks is vividly illustrated by the fact that malicious bot communications now account for one-third of total Internet traffic. One of the most intensive uses of criminal botnets is account takeovers. Thus, what we’re experiencing today is the blossoming of B2B and B2C commerce transacted digitally.