About Ryan Wilk

Ryan Wilk is the vice president of customer success for NuData Security, now a MasterCard company. Previously, he was manager of Trust and Safety at StubHub and spent eight years with Universal Parks & Resorts in various e-commerce roles. NuData Security predicts and prevents online fraud, protecting businesses from brand damage and financial loss caused by fraudulent or malicious attacks. NuData Security analyzes and scores billions of users per year and services some of the largest ecommerce and Web properties around the globe.

Synthetic identities: more real than you think

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security, a MasterCard company. When a family member dies, there are myriad things to look after from closing bank accounts, sorting belongings and notifying everyone they did business with. It would feel like the worst that could happen just did – until you find out that your elderly relative had defrauded companies and individuals for hundreds of thousands of dollars! While that may sound like

Finding the right rhythm for transactions

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. US regulators are pushing banks and financial institutions to make cybersecurity a priority and with each new risk event, the pressure on banks and financial institutions grows exponentially. Data breaches and cybercrime continues to skyrocket; we will see over a billion accounts breached this year. The 2016 Identity Fraud Study released by Javelin Strategy & Research, finds that during the past six years’ identity

Protecting customer loyalty with comprehensive user verification

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. According to the 2016 Verizon Data Breach Investigations report, hacking using legitimate user credentials was associated in most of last year’s data breaches, and more than 60 percent of confirmed breaches involved weak, default or stolen passwords. When it comes to data breaches, the biggest impact typically isn’t in the immediate financial sense. Instead, the biggest impact is on customer loyalty. In fact, a

(Don’t fear) the breacher

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. With all the news of data breaches we’re continually exposed to, it’s no wonder that ecommerce and financial industries have a serious fear of the breacher. In fact, more than 700 million consumer records were exposed to fraudsters in 2015 alone, according to the Gemalto Data Breach Level Index. That’s a huge number. That stolen data is then being used to perpetrate more crime,

Rethinking physical biometrics: what you don’t know can hurt you

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. Biometrics seems to be all the rage right now. It seems like almost every day another financial institution or other organization is announcing their adoption of some sort of biometric technology. First it was all about fingerprints, then iris prints and voice recognition. Analyst firm Technavio recently released a report forecasting the growth of palm vein biometrics. Other organizations are looking to “selfie”-based facial

Overcoming false positives with behavioral biometrics

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. I believe that 2016 will be the year that passive behavioral biometrics really takes off. There are two reasons why I believe this. First, the market is demonstrating a continued weak spot in terms of PII-based risk prevention techniques – stolen personal data has never been more plentiful on the dark Web. Second, more and more people are adopting a mobile-first lifestyle. This has

Behavioral biometrics helps spot the bad apples before they spoil the game

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. The online gaming industry is heating up. According to Statista.com, it brought in more than $41 billion worldwide this year. Technology, both on the desktop and on mobile devices, has been the driving force behind the phenomenal growth. Unfortunately, while it’s easier to play than ever before, the new technology also lets more organized cyber criminals defraud poker sites and their good players. Fraudsters

Detecting and preventing mobile wallet fraud

This is a guest post by Ryan Wilk, director of customer success at NuData Security. Forrester Research predicts that mobile payments will total $90 billion in the U.S. by 2017, a huge increase over the $12.8 billion consumers spent in 2012. This significant growth speaks to the increasing adoption of this payment method. There are two types to choose from. One type works through contactless technologies such as Near Field Communication (NFC) built into mobile phones. The payment goes through

Chinese hackers compiling a “facebook” of breached data

This is a guest post by Ryan Wilk, director of customer success at NuData Security. Data breaches have consequences. Breaches of government agencies have serious and far-reaching consequences. For instance, a recent news piece reported that China is compiling a sort of hackers’ Facebook of U.S. government employees based on data stolen from multiple breaches. The extensive breach of the U.S. Office of Personnel Management saw the leak of over 20 million current and former employees’ most personal data, containing

Fighting organized online fraud

This is a guest post by Ryan Wilk, director of customer success at NuData Security The Office of Personnel Management and IRS data breaches this year have become all-too-common headlines. However, when it comes to government breaches, the effects can be particularly devastating due to the quantity and type of data involved as well as the sheer number of people affected. In the case of the IRS, over 220,000 taxpayers had their accounts accessed and fraudulent returns filed while hackers