Intelligent CISO Issue 61 | Page 12

Cloudflare takes on online fraud detection market
C company helping to build a better Internet , has announced it is entering the fraud detection market to help businesses quickly identify and stop online fraud – including fraudulent transactions , fake account signups , account takeover attacks and carding attacks – before it impacts their brand or their bottom line . lack access to robust threat intelligence , making it harder for businesses to understand if fraud is coming from a bot or a human and then stop it in real time . As attacks increase in volume and attackers evolve their tactics , businesses need a faster , more comprehensive way to stop attacks the moment they are detected .
Verizon Business deploys Zero Trust network capabilities for Siemens
V of network connectivity solutions that will provide
news

Cloudflare takes on online fraud detection market

loudflare , a security , performance and reliability

C company helping to build a better Internet , has announced it is entering the fraud detection market to help businesses quickly identify and stop online fraud – including fraudulent transactions , fake account signups , account takeover attacks and carding attacks – before it impacts their brand or their bottom line . lack access to robust threat intelligence , making it harder for businesses to understand if fraud is coming from a bot or a human and then stop it in real time . As attacks increase in volume and attackers evolve their tactics , businesses need a faster , more comprehensive way to stop attacks the moment they are detected .

Powered by sophisticated Machine Learning models and global threat intelligence , Cloudflare is developing Cloudflare Fraud Detection to quickly stop account and payment fraud while also blocking the bots and humans behind it – automatically and at global scale .
Digital fraud threats are ever-evolving , highly targeted and can be committed by both humans and bots . According to PWC ’ s Global Economic Crime and Fraud Survey , more than half of companies with at least US $ 10 billion in revenue experienced some sort of digital fraud in the last two years – the highest level in decades . Today , businesses often employ resourceheavy teams or rely on multiple vendors to help fight fraud .
However , both options can hinder the speed and experience of a customer ’ s transaction . What ’ s more , they inherently

Verizon Business deploys Zero Trust network capabilities for Siemens

erizon Business is supporting Siemens with a range

V of network connectivity solutions that will provide

Siemens ’ employees at smaller office sites with a seamless ‘ plug and play ’ user experience while putting security and Zero Trust principles first .
Siemens ’ Zero Trust Program ensures that all devices Siemens ’ must be authenticated , authorised and continuously validated before access is given or retained to the company ’ s missioncritical applications and data . Verizon Business will deploy ‘ Internet only ’ connectivity such as a global Managed Wide Area Network , based on Cisco Meraki ’ s technology and critical to the success of Siemens ’ ‘ never trust , always verify ’ programme .
“ Every company needs a secure work infrastructure but balancing security risks while striving to deliver a user-friendly , digital working experience continues to remain the challenge of IT departments ,” said Sanjiv Gossain , EMEA Vice President , Verizon Business . “ That ’ s where an intelligent network can make underlying architectures more nimble by managing traffic and making operations more efficient .”
Elmar Spreitzer , Head of IT Digital Foundation , Siemens , added : “ With Verizon , we found a new partner to provide secure , Internet-based network access for our office sites . The innovative connectivity solution is designed to meet the requirements of our Zero Trust Program where we never trust , but always verify .”
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