Fraud is a global problem and it's on the rise. Organizations around the globe need to come together to understand what they can do to solve this problem that is intrinsically linked to the broader cybersecurity crisis. ...
Fraudulent sellers utilize popular marketplaces to steal from shoppers buying goods online. Verifying seller accounts can help marketplaces create a secure experience for its customers and genuine sellers alike. ...
Recent Europol Report notes that the vast global cybercrime economy will continue to fuel major data breaches and the illegal trade of card and personal data. Merchants should consider investing in appropriate investigative tools in order to grow their capacity to effectively tackle the resulting CNP fraud issues. ...
Online transactions are happy hunting grounds for fraudsters to steal valuable personally identifiable customer credentials. Cyber criminals use these credentials to open fraudulent accounts to siphon off money, seek loans or launch other cyberattacks. ...
Inspite of European Union attempts to keep victims of non-cash fraud safe in the region, there are many other jurisdictions around the world from which fraudsters can act with impunity. That’s why organizations must play their part by seeking out the right tools to mitigate this growing business risk. ...
Faster payment systems are providing greater convenience and flexibility to its users. To control underlying related fraud risks, banks and financial services providers need advanced fraud prevention solution that not only provides a consolidated, real-time transaction intelligence but also reduces authentication friction. ...
Enterprises need to consider fraudulent transactions before they are sealed and hashed into the blockchain. By embedding risk data into each blockchain transaction, enterprises can take advantage of the huge potential in the ledger technology without exposing themselves to unnecessary fraud risk. ...
Digital transformation is leaving retailers exposed to the threat of fraud more than ever. An expert risk management partner will not only help merchants reduce fraud, but will also enable increase customer conversion and loyalty. ...
Point solutions developed to tackle new attack patterns quickly become ineffective as the fraudsters shift their techniques. The key is to look beyond point solutions and rely on adaptive platforms that harness insights from multiple data sources and have the agility to make real-time adjustments. ...
Online marketplaces fraud is evolving and spreading at a breath-taking pace. Businesses need intelligent fraud prevention solutions that use best-in-class technology to self-optimize and future proof marketplace fraud prevention efforts....
