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Should Fraud Prevention Be Part of a Cybersecurity Strategy?

Welcome back to What The Fraud? In the first episode of series two, Thomas Taraniuk is joined by world-leading cyber threat intelligence analyst, Charity Wright. Charity works as the ‘Principal Threat Intelligence Consultant’ at cyber security company, Recorded Future, in the United States. Subscribe to our channel: https://bit.ly/SubscribeToSumsub Thomas and Charity take a look at how a leading financial service provider is enhancing its efforts in combating payment fraud. They delve into strategies for effectively integrating fraud prevention into a company's cybersecurity framework and explore how threat intelligence can strengthen anti-fraud measures. Charity also bravely shares a story involving her teenage son who unfortunately fell victim to an extortion attack. She’s now on a mission to spread awareness of the fraudsters behind these kinds of attacks and provide essential advice for parents. If you or someone you know has been a victim of extortion, please visit: stopsextortion.com/get-help/ Thomas Taraniuk:   / tomtaraniuk   Charity Wright:   / cwillhoite   Fraud Prevention solution: https://sumsub.com/fraud-prevention/?... 00:00 Introduction 01:13 Should fraud prevention be a part of cybersecurity? 01:53 Who is Charity Wright 02:56 How Charity ended up in cybersecurity 04:20 Working for the US Army and National Security Agency 06:20 Why fraud prevention is important? 07:35 Payment fraud 09:53 First signs of fraud 11:56 Common malware 14:26 Impact of cyber security companies 17:10 Incident Response Plan for data breach 19:26 Communication with customers and stakeholders in the case of a data breach 21:08 How to evaluate third-party vendors 23:56 Fraud Prevention solution 25:10 Online scams targeting children 31:10 How to keep kids safe online 33:33 Rapid fire questions 35:15 Conclusion #cybersecurity #fraud #sumsub #onlinesafety #WhatTheFraudPodcast Sumsub — empowering compliance and anti-fraud teams to fight money laundering, terrorist financing, and online fraud. More about us: https://sumsub.com   / sumsubcom     / sumsubcom     / sumsub