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Parent Message
Fraud & Delinquency
There have been two nice articles about the arms race between criminals and the institutions trying to stop them. As the former become more sophisticated, the latter need to adopt modern techniques such as Artificial Intelligence to catch them. Internet News story asks Is Anti-Virus Software Obsolete? The escalation in complexity of the viruses often leaves typical AV software powerless (or disabled!) Smart filtering at very early stages seems like the solution. The Washington Post goes into the Signs of Fraud Go Beyond Signature. Surprisingly, once your cards have been stolen, vendors checking the signatures is not the first line of defence! Complex data-mining algorithms and pattern recognition software allows odd patterns to be flagged and reported. |
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