For banks, combating fraud is an ever-escalating arms race. If your bank is investigating anti-fraud solutions to stop fraud losses, lower false positives, or reduce manual workload, join this webinar. Our fraud experts will explain the top 10 technology requirements to consider - as well as their business impact, so...
The latest edition of the ISMG Security Report features an analysis of a new Government Accountability Office report on the causes of last year's massive Equifax breach. Also: An update on the role of tokenization in protecting payments.
For retailers, the benefits of selling gift cards extend well beyond the initial revenue. The purchase ensures a future shopping trip, and when redeeming gift cards, customers spend an average of 20% more than the value of the card. Considering their widespread popularity (93% of US consumers receive or give at least...
Successfully committing Card Not Present (CNP) fraud hinges on the thief's ability to convince the merchant that they are, in fact, the legitimate card holder. But when it comes to shipping, a fraudster can't flat out lie about their location - because then they won't get their goods! There are tricks that these...
Merchants reviewing online orders for card not present (CNP) fraud often rely on strict rules-based systems to decline transactions based on "risky" indicators. Although these types of processes can help reduce chargebacks, they also lead to high false decline rates and a less-than-ideal shopping experience for...
According to a recent global fraud study, over 90% of eCommerce merchants use the same tools to manage fraud across both web and mobile transactions. While over 80% of merchants support mobile shopping, only 52% track fraud rates by channel.
As mCommerce becomes more prominent, neglecting to adjust fraud management...
Cyber criminals are reaping the benefits of business email compromise and CEO fraud scams, which is a $12 billion industry, according to the FBI by impersonating an executive in your organization, asking for financial reports or by asking payroll staff to make changes to bank accounts.
Invoice and payroll fraud,...
A leading mobile-based financial services company sought out fraud prevention tools. In the past, fraudsters used that company's customer accounts to funnel money via stolen identities. But with advanced device fingerprint technology, the company could detect multiple accounts created from the same device and suspend...
This white paper looks at how payment innovation is impacting fraud departments and the growing importance of removing friction to improve the customer experience. The mobile and online channels are the future; being able to authenticate returning customers and determine who new applicants really are will be essential...
Magecart, the criminal group behind the recent data breach at certain Ticketmaster websites, may have also hit the company's sites in Australia, New Zealand, Turkey and Hungary, according to RiskIQ, which says the group's digital payment card skimmers may also affect as many as 800 other e-commerce sites.
Aite's Julie Conroy calls it a "perfect storm." In the post-EMV U.S., and in the wake of massive data breaches and the move to mobility, financial institutions are besieged by a new flood of new account fraud. How can data analytics help them improve fraud prevention?
If 2017 was the year of ransomware innovation, 2018 is well on its way to being known as the year of cryptocurrency mining malware. Numerous studies have found that the most seen malware attacks today are designed for cryptojacking. But while ransomware campaigns may be down, they're far from out.
Cryptocurrency money laundering is increasing dramatically, being already three times greater than in 2017. And we're only half way through the year, observes Dave Jevans, Founder and CEO of CipherTrace, and chairman of the Anti-Phishing Working Group.
How to Select, Implement and Succeed with Mobile Threat Defense
As more workplaces become 'everywhere' workplaces, cyber threats and attacks increasingly target mobile devices.
Through the eyes of many business leaders, opening a presentation or other document on a mobile device is hardly different from doing the...
Modern enterprise mobile security provides pre-emptive threat defense, runs on predictive intelligence and crowd wisdom, and delivers a noninvasive employee experience.
As the connected world becomes more connected by the day, cyber threats have been retooled to attack ubiquitous mobile endpoints. While attack...
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