Episode 273 - The Hard Science of Fraud Investigations, with David Maimon, SentiLink

In this episode of Payments on Fire, host Yvette Bohannon interviews David Maimon, Head of Fraud Insights at SentiLink, about his data-driven approach to uncovering fraud schemes. David explains how research questions are derived from theories, conversations, and observations, emphasizing the importance of independent and dependent variables in research design. He shares examples of studies, including one on the effectiveness of Facebook messages in deterring hackers and another on the impact of two-factor authentication on compromised bank accounts. The discussion highlights David's recent research on predicting the probability of loss across different data breach vectors, revealing that identities from free data breach samples have a 96% chance of being used in identity theft, with misuse lasting for years. David advises financial institutions and individuals to be vigilant about detecting stolen identities, monitoring bank accounts, and understanding the systematic processes fraudsters employ.