The Biden administration formally started the application for federal student loan forgiveness on Monday, October 17th, 2022. Recipients who qualify are eligible for the discharge of up to $10,000 of their loans for non-Pell Grant recipients and up to $20,000 for Federal Pell Grant recipients.
It might seem like ‘the cloud’ has well and truly established itself as the de facto deployment choice. However, the market for cloud computing is still expected to grow – a lot – in the coming years (from $371.4 billion in 2020 to $832.1 billion in 2025). How can this much growth still be possible for a fairly mature market?
It will not come as a surprise to you that fraud and financial crime is continuing to challenge organizational business and cyber resiliency plans. Odds are you have dealt with fraud firsthand, or know someone experiencing the pains caused by fraud. Back in 2020 we shared some thoughts about how we believe leveraging a data platform like Splunk can help you gain more anti-fraud value and insights from your data and showed how you can determine what your data is worth.
Digitalization has catapulted customer purchasing transactions to an unprecedented level. Online transaction payment methods have become so convenient that they have led to an unstoppable buying spree by consumers. These days there is nothing that can stop a desirous buyer from purchasing, probably not even when ‘he is not carrying plastic money or cash, as he has the option to pay using card data.
eCommerce is a trillion-dollar industry. But as the popularity of online shopping grows, so does the risk of refund fraud, which now costs businesses more than $25 billion every year. Refunds are a standard cost of retail — especially in eCommerce. But online shopping makes it much more difficult for businesses to investigate and verify valid refund demands from customers. Some customers take advantage of these difficulties by committing refund fraud.
Buy now and pay later (BNPL) services are the latest trend in the market, which is catching up with consumers and retailers quickly. Unfortunately, even the perpetrators are increasing in this system which have a potential to cause harm to a raising solution in finance. This blogs discusses how BNPL fraud can be prevented using Digital Verification Solutions like Identity Verification, AML screening, Digital Onboarding and Document Verification.
WhatsApp is ranked as the most popular mobile messenger app in the world. In fact, there are two billion active users on the app. This is an incredibly large audience. Unfortunately, it is also a huge number of potential victims for criminals to target.
September 05, 2022. INETCO® Systems Limited, a global leader in real-time payment fraud prevention and cybersecurity software, is pleased to welcome Agility, a leading provider of managed cybersecurity solutions in Brazil, to INETCO’s reseller ecosystem.
Healthcare fraud, waste, and abuse cost taxpayers billions of dollars. According to a report published in BusinessWire, the global healthcare fraud analytic market may reach US$ 5.69 billion by 2027. Detection of fraud leads to hefty fines, criminal proceedings, and incarceration for the concerned individuals in organizations. 2021 saw a peaking of medical fraud and abuse, according to the latest report of the HIPAA journal.
We all know that cybersecurity is an application of technologies that protect systems, networking programs, devices, and data from cyber-attacks. There are many cases of fraud reported every year. People who are using different networks want to keep themselves safe from online crime. In order to achieve this security, there is no need to heavily invest and hire computer experts; you can achieve it through cybersecurity.
