Online Info Blog: MoI urges residents to keep vital info

The advisory has come in the wake of the growing challenge posed by cyber criminals, many of whom are based abroad and thus out of the jurisdiction of the local law enforcing authorities.

"Modern electronic crimes have come to be a great challenge for the entities concerned in the county due to the international nature of the crime. Many of the cases also are of a sensitive nature involving the personal and private aspects of the victims," Colonel Ali Hassan al-Kubaisi, head of the economic crimes prevention section at the Criminal Investigation Department of the Ministry of Interior, said.
In a statement issued on Sunday, the official said cyber criminals have made "great advancements" in their modus operandi which make it difficult for the ordinary people to escape their attacks. "The most common ways of online crimes are blackmail and fraud." He said such crimes are witnessing a "major advancement" due to the rapidly developing technology, as criminals quickly adapt their styles and methods with such development.

"To combat such crimes, Qatar has issued Law No 14 for 2014, which has provisions to fight most forms of online crimes and provide for strict penalties for each category of such criminal action." The official said that many people "overuse and misuse" new online technologies to insult or defame others thinking that they would not be easily caught by the security department. But he said criminals cannot escape the long arms of justice.

Online Info Blog: Role of identity verification

As we reach the end of 2016, we can finally pause for breath and take stock of what has been a tumultuous year. Old certainties were turned on their head, new realities took their place and across business, economics, politics and society, experts were left scratching their heads in confusion.
In the area of security and fraud , there has been a consistent trend in the development of verification and authentication technology. How this trend will continue to impact the digital economy 2017 will be critical.

CNP Fraud

2016 Trends - The EMV liability shift in the US was widely predicted to see a spike in CNP (Card not Present) fraud in the US and beyond. Figures from the end of Q2 2015 to Q1 2016 (which takes in six months of post-EMV activity) suggests that there has been a 137 percent rise in CNP fraud in the US. To put this into context, between 2014 and 2015 the market saw a mere 20 percent rise in CNP fraud.

2017 Predictions - The US switch to EMV is only one-third completed, however as more and more merchants adopt EMV terminals, fraudsters will more into the CNP space resulting in a rise in CNP fraud.

Mobile Banking

2016 Trends - With 70 per cent of the UK population using mobile banking, it is now the dominant form of bank interaction for UK consumers.

Sharing Economy

2016 Trends - At a value of $15bn per year, and predicted to reach $335bn in the next decade, the global sharing economy represents one of the largest and fastest growing markets in the world. The UK sector alone is set to climb to £9bn from £500m in the next ten years.

2017 Predictions - With the recent announcement of TrustSeal, Sharing Economy UK’s initiative to boost consumer trust by requiring businesses to meet a list of ‘Good Practice Principles’ relating to things such as identity verification, product transparency and customer service, the importance of using technology to secure authentication and verification has never been more important to businesses entering the sharing economy in 2017.

Online Info Blog: The central role of identity verification

As we reach the end of 2016, we can finally pause for breath and take stock of what has been a tumultuous year. Old certainties were turned on their head, new realities took their place and across business, economics, politics and society, experts were left scratching their heads in confusion.

In the area of security and fraud , there has been a consistent trend in the development of verification and authentication technology. How this trend will continue to impact the digital economy 2017 will be critical.

CNP Fraud

2016 Trends - The EMV liability shift in the US was widely predicted to see a spike in CNP (Card not Present) fraud in the US and beyond. Figures from the end of Q2 2015 to Q1 2016 (which takes in six months of post-EMV activity) suggests that there has been a 137 percent rise in CNP fraud in the US. To put this into context, between 2014 and 2015 the market saw a mere 20 percent rise in CNP fraud.

2017 Predictions - The US switch to EMV is only one-third completed, however as more and more merchants adopt EMV terminals, fraudsters will more into the CNP space resulting in a rise in CNP fraud.

Mobile Banking

2016 Trends - With 70 per cent of the UK population using mobile banking, it is now the dominant form of bank interaction for UK consumers.
Sharing Economy

2016 Trends - At a value of $15bn per year, and predicted to reach $335bn in the next decade, the global sharing economy represents one of the largest and fastest growing markets in the world. The UK sector alone is set to climb to £9bn from £500m in the next ten years.

2017 Predictions - With the recent announcement of TrustSeal, Sharing Economy UK’s initiative to boost consumer trust by requiring businesses to meet a list of ‘Good Practice Principles’ relating to things such as identity verification, product transparency and customer service, the importance of using technology to secure authentication and verification has never been more important to businesses entering the sharing economy in 2017.