Account Takeover: Fighting Fraud with Dynamic Friction
Organizations can apply a layered strategy approach to ATO risk, just as they do with transaction risk.
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Justin McDonald
- Nov 9, 2022
- 7 min
Stop Identity Fraud and Promo Abuse in the Face of a Potential Recession
November 9, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice During the “Great Recession” of 2008 and 2009...
Justin McDonald
- Nov 9, 2022
- 2 min
Just 40% of Consumers Have NOT Attempted Some Form of Promo Abuse in the Past Year
More than 30 percent of consumers admitted to abusing referral programs by referring themselves using a new email address to obtain a...
Justin McDonald
- Aug 17, 2022
- 7 min
3 Strategies to Stop Identity Fraud Before it Hurts Your Bottomline
In this feature article, we cover three strategies for stopping synthetic identity fraud.
Justin McDonald
- Aug 15, 2022
- 1 min
Delete Old Gift Registries, Fraudsters Use Them to Harvest Data for Passing KBAs
Default privacy settings for many online gift registries, and the common practice of never deleting them, have created an identity...
Justin McDonald
- Jul 27, 2022
- 1 min
New White Paper: Detecting Fraud and Abuse at Account Opening
The latest free white paper from The Fraud Practice discusses the different types of attacks and fraud that organizations face at the...
Justin McDonald
- Jul 25, 2022
- 2 min
Synthetic Identity and New Account Fraud Among the Most Rapidly Growing Types of Attacks
New account fraud attacks increased 109 percent in the US according to Javelin Strategy’s most recent identity fraud study. Meanwhile,...
Justin McDonald
- Jul 21, 2022
- 2 min
Are Your Customers’ Loyalty Points Safe From Fraud?
Nearly 90 percent of US consumers are enrolled in at least one loyalty program while the total value of US rewards accounts exceeds $60...
Justin McDonald
- May 24, 2022
- 5 min
Account Takeover and Alternative Payments: Understanding the Impact of the Fraud Economy
May 24, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Does your organization have a 360° view on the...
Justin McDonald
- May 24, 2022
- 2 min
The Large and Growing Threat of Account Takeover
Account Takeover (ATO) represented one-in-four identity fraud losses in 2021 growing 90 percent year-over-year to an $11.4 billion dollar...
Fraud Practice
- Nov 5, 2021
- 2 min
Fraud This Holiday Season Could be Even More Difficult to Detect as Fraud Rings Expand Mule Networks
Fraudsters use money mules for laundering as well as to receive and reship goods purchased with stolen identities. A large mule network...
Fraud Practice
- Nov 5, 2021
- 3 min
Many Merchants Fail to Protect Against or Notify Users About Account Takeover
According to a recent survey, more than one-third of merchants have seen at least 10 percent of their user accounts taken over in the...
Fraud Practice
- Nov 5, 2021
- 3 min
eProtect your Domain to Protect Your Consumers and Brand
There’s a good reason why web administrator credentials sell for over $3,000 on fraudsters forums: because they are highly valuable to...
Fraud Practice
- Nov 5, 2021
- 4 min
Who Is Looking Out For eCommerce Merchants?
Guest Post Written by: Daryn Griggs, Co-Founder, Payshield, Certified eCommerce Fraud Professional Who Is Looking Out For eCommerce...
Fraud Practice
- Nov 5, 2021
- 4 min
Best Practices for Achieving Success with Custom Modeling and Machine Learning
One of the most common reasons organizations fail to realize significant improvements in risk management after implementing custom...
Fraud Practice
- Nov 5, 2021
- 3 min
The Role of Custom Modeling in Lending, Card Issuance and Insurance
Fraudulent insurance claims are responsible for more than $80 billion in losses per year in the United States, leading to higher premiums...
Fraud Practice
- Nov 5, 2021
- 2 min
Custom Modeling for Risk Management Requires Human Element, Not Just AI
While there is value in leveraging Artificial Intelligence for modeling and analytics to detect cyber threats and fraud, security...
Fraud Practice
- Nov 5, 2021
- 2 min
Processing Through Acquirers with Lower Fraud Rates Reduces the Need for SCA Under PSD2
Many merchants both within and outside of Europe are concerned with meeting Strong Consumer Authentication (SCA) requirements and how...
Fraud Practice
- Nov 5, 2021
- 2 min
How to Secure Your Video Chats and Meetings to Protect Against “Zoombombing”
Keeping unwanted parties out of business meetings can range from important to imperative depending on the topics and focus of the video...
Fraud Practice
- Nov 5, 2021
- 2 min
Methods Fraudsters Use to Beat Two-Factor Authentication
While it is commonly accepted that passwords and the consumers who set them are inherently insecure, organizations put a lot of trust...
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