Arkose Labs’ ‘Bankrupting Fraud Digital Summit 2020’ Showcased Finest and Brightest in Cybercrime Prevention

SAN FRANCISCO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Arkose Labs’ inaugural Bankrupting Fraud Digital Summit introduced collectively industry-leading audio system in on-line fraud, from the United Nations, Microsoft, PayPal, Visa, Ticketmaster, Capital One, Europol and extra. The Summit supplied intensive perception into how companies can higher perceive the financial drivers that spur attackers on and mentioned a spread of rising fraud developments.

Greater than 1,450 folks took half within the occasion, which featured 20 classes, 50 audio system from throughout three continents and was supported by eight sponsors. The agenda included panels, masterclass displays, hearth chats and networking classes that includes data-driven intel into novel assault patterns alongside particular person philosophies from panelists on find out how to drive ahead optimistic change of their industries.

“We’re delighted to have efficiently delivered the inaugural Bankrupting Fraud Summit. We relished the chance to discover in depth essentially the most urgent points throughout the cybercrime ecosystem and talk about methods on eradicating the monetary incentives behind assaults,” stated Kevin Gosschalk, CEO and co-founder at Arkose Labs. “The collaborative nature of the Summit supplied numerous views from throughout the {industry} on find out how to navigate safety at a time when on-line fraud is at an all-time excessive in the course of the COVID-19 disaster.”


Keynote audio system included investigative journalist Brian Krebs of Krebs on Cybersecurity, Troy Hunt, founding father of “Have I Been Pwned?”, Neil Walsh, chief of the Cybercrime, Anti-Cash Laundering and Counter-Financing of Terrorism Division for the United Nations. The day opened with a session from Goeff White, the UK’s main cybersecurity investigative journalist and best-selling creator.

Troy Hunt mentioned the necessity to consider passwords in another way, supplied real-life vulnerability examples, and provided safety revelations from the multi-faceted cybercrime ecosystem. He famous that the numerous safeguards in place function obstacles to the attacker and the person, and emphasised the significance of offering on-line safety with out harming the person expertise.

Walsh offered useful perception into the motivation of fraudsters. In his session, he acknowledged that going to jail is an occupational hazard, and never the biggest deterrent to committing cybercrime. Walsh burdened that the true affect in combating fraudsters is taking their cash away. “Criminality is profit-motivated. They’re doing it to generate profits and exploit communities which are susceptible,” he stated.

The Bankrupting Fraud Digital Summit was hosted by Arkose Labs and sponsored by Microsoft

, PayPal, Chargehound, SuperAwesome, Socure, IC2, Breach Readability and Bit Discovery.

Entry unique content material from the Bankrupting Fraud Summit on-demand by registering at

About Arkose Labs:
Arkose Labs bankrupts the enterprise mannequin of fraud. Acknowledged by Gartner as a 2020 Cool Vendor, its progressive method determines true person intent and remediates assaults in actual time. Danger assessments mixed with interactive authentication challenges undermine the ROI behind assaults, offering long-term safety whereas enhancing good buyer throughput. Arkose Labs relies in San Francisco, Calif., with places of work in Brisbane, Australia. For extra info, go to or on Twitter @ArkoseLabs.

Media Contact:

Paul Wilke

[email protected]


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