Keep Fraud Teams Engaged During the Peak eCommerce Sales Season
By: Steve Wyatt, Practice Principal | eCommerce Consultant, The Fraud Practice Time is up, the 4th quarter is here and eCommerce fraud...
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Fraud Practice
- Nov 4, 2021
- 1 min
Dairy Queen and at Least 1,000 Other U.S. Businesses Hit by Backoff Malware
According to reports from the U.S. Secret Service and Kaspersky Labs, malware known as Backoff has been used to attack more than 1,000...
Fraud Practice
- Nov 4, 2021
- 2 min
CNP Fraud on UK Cards Up 23 Percent in First Half of 2014
The latest figures on card fraud losses in the United Kingdom, coming from industry group Financial Fraud Action UK, support the...
Fraud Practice
- Nov 4, 2021
- 2 min
FIS Acquires Clear2Pay, Possibly to Speed Up Development of Payment Network ACH Alternative
FIS Inc. announced the acquisition of Brussels-based payment technology company Clear2Pay for €375 ($493.3) million in early September....
Fraud Practice
- Nov 4, 2021
- 2 min
DOJ to Congress: Amend Laws to Help us Prosecute for Overseas Fraud on U.S. Cards
While there have been many successful efforts to bring international fraudsters to justice in U.S. courts, this often requires...
Fraud Practice
- Nov 4, 2021
- 3 min
Visa Replaces V.me with Visa Checkout, Adds New Merchants
Visa launched their e-wallet, V.me, in late 2011, but this was discontinued in July, 2014 in favor of Visa’s new, although quite similar...
Fraud Practice
- Nov 4, 2021
- 2 min
ACI Worldwide Announces Acquisition of Retail Decisions, ReD
ACI Worldwide announced their acquisition of an industry veteran fraud solution provider Retail Decisions (ReD) for $205 million in cash...
Fraud Practice
- Nov 4, 2021
- 2 min
Largest Grocer in U.S. Prepares to Enter eCommerce with Vitacost Acquisition
Kroger, the largest pure grocery store chain by sales in the United States, recently purchased online vitamin merchant Vitacost.com for...
Fraud Practice
- Nov 4, 2021
- 2 min
Apple devices targeted with ransomware
A fraudster calling himself Oleg Pliss is targeting Apple iPhones and iPads with an attack that prevents the user from unlocking the...
Fraud Practice
- Nov 4, 2021
- 2 min
Nearly half of Americans had personal information compromised in the last year
Hackers and data breaches have compromised the personal information of 110 million Americans just in the last twelve months, affecting 47...
Fraud Practice
- Nov 4, 2021
- 1 min
Use of Consumer Authentication in eCommerce Annual Survey, 2014
The new survey presented by The Fraud Practice and CardinalCommerce asked nearly 450 organizations worldwide the most pertinent questions...
Fraud Practice
- Nov 4, 2021
- 2 min
250 million stolen credit cards for sale online
According to estimates from fraud prevention startup Trustev, there are 250 million compromised payment card numbers for sale in the...
Fraud Practice
- Nov 4, 2021
- 3 min
Heartbleed may have ripple effects on websites and authentication
All organizations need to be thinking about the future of user authentication and the heavy reliance on passwords which may be on the...
Fraud Practice
- Nov 3, 2021
- 2 min
More secure credit cards make fraudsters rush to eCommerce
October 2015 is the deadline for switching credit cards and readers to EMV/Chip & PIN technology in the US. At this point fraud liability...
Fraud Practice
- Nov 3, 2021
- 2 min
Measuring consumers’ patience with identity checks
A study performed on UK customers by Experian found that consumers on average will abandon transactions when identity checks take 7...
Fraud Practice
- Nov 3, 2021
- 1 min
Spring Training Promotion
The Fraud Practice is offering a 10% discount to all who sign up for the eCommerce Fraud Professional Certification by March 31st. The...
Fraud Practice
- Nov 3, 2021
- 2 min
Starbucks leads the way for mobile payments
Point-of-Sale mobile payments at Starbucks reached $1 billion in 2013. The focus on mobile coupons and loyalty programs with the...
Fraud Practice
- Nov 3, 2021
- 1 min
MasterCard acquires digital wallet maker C-SAM
MasterCard has entered an agreement to acquire C-SAM, mobile wallet provider and transactions provider behind ISIS, the mobile wallet...
Fraud Practice
- Nov 3, 2021
- 2 min
Mobile Malware Targets Android
Cybercriminals target the vulnerable and popular Android mobile platform through banking Trojans. 98% of mobile malware batters Android...
Fraud Practice
- Nov 3, 2021
- 1 min
Website sells tens of thousands of counterfeit credit cards
The FBI and US Postal Inspection Service recently assumed control of fakeplastic.net, a massive and well organized online operation...
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