Netacea is once again recognized under the Bot Management category, a maturing market in 2022.

Payment fraud is a huge problem for eCommerce and online retail businesses. Even among the world’s biggest companies, there are horror stories about payment security problems like credit card data theft and financial fraud: Cyberthreats like carding attacks are responsible for most modern large-scale data theft. Payment fraud losses cost companies more than $33 billion in 2021 — and this is expected to rise to more than $40 billion by 2027.

From TVs to fridges to energy meters, more and more of the items we use every day are now smart devices. 87% of US households have at least one smart TV, up from 50% in 2014. And with ownership of smart speakers, thermostats, lights, and security systems also on the rise, it’s expected that smart homes will soon become the norm. This ever-expanding network of smart devices is known as the Internet of Things (IoT).

Many businesses argue that they need to collect information about customers to verify who they are and secure their accounts. However, this is at odds with online privacy advocates, who say organizations are compromising our security by collecting far too much information about us.

Organizations can create a level of greater trust between digital businesses and their customers by using sophisticated bot management solutions, as we understand from a recent Gartner ® report. ‘Don’t Treat Your Customer Like a Criminal’, by Gartner analysts Tricia Phillips, Jonathan Care and Akif Khan, is available for a complimentary download from the Netacea website until 31st July 2022.

The dark web is the seedy underbelly of the internet. Unlike the surface web, criminals, spies, freedom fighters, and hacktivists can operate anonymously on the dark web, making it a popular place for illicit activity. Legitimate internet users also use it to protect their privacy in a world where people are increasingly mistrustful of digital giants like Google and Facebook. But it’s very easy to accidentally view illegal, dangerous, and traumatizing material on the dark web.

Last week Netacea team members from the UK and across the US converged at RSA Conference, the biggest event in the cybersecurity calendar, at the Moscone Center in San Francisco. It was a pleasure to talk to so many likeminded security professionals at our booth, and an honor to be given a speaking session from which to spread the word about automated threats.

We’re told that multi-factor authentication is more secure than passwords, but in truth most MFA is susceptible to the same old threats, such as phishing and man-in-the-middle attacks. In fact, the widely championed advice to “use MFA, any MFA” could lead to a false sense of security and even more data breaches.