The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
New White Paper - There is No Silver Bullet: User Credentials are Not Secured with 2FA Alone
This free white paper from The Practice discusses the limitations of two-factor authentication (2FA) and emphasizes the necessity of…
Oct 30, 2024 · 1 min read authenticationHow Consumers Really Feel About 2FA
This article looks at consumer survey and research data showing consumer preferences towards various methods of two- or multi-factor…
Oct 28, 2024 · 5 min read authenticationRegister for our Upcoming Webinar: User Credentials are Not Secured with 2FA Alone
Join myNetWatchman Founder and Chief Innovation Officer Lawrence Baldwin along with The Fraud Practice’s Justin McDonald on October 23,…
Oct 3, 2024 · 1 min read data breachRecent Class-Action Settlement and FCC Fine Underscore the High Costs of Failed Data Security
Two notable data breaches, each impacting millions of US consumers, resulted in companies paying over $40 million in fines or settlements…
Sep 17, 2024 · 2 min read authenticationHere are Just Some of the Ways Fraudsters are Beating or Evading Two Factor Authentication
Many organizations and consumers rely on SMS-based two factor authentication (2FA) as a way to protect user accounts from account takeover…
Aug 20, 2024 · 3 min read fraudAssessing Payment Fraud Prevention Strategies Using Internal and External Approaches
September 20, 2023 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Organizations can better manage payment fraud…
Sep 20, 2023 · 7 min read data breachSocial Engineering, Ransomware Attacks Target Vegas Casinos
Social engineering tactics led to both a ransomware attack and data breach against Caesars Entertainment and MGM Resorts. In an SEC filing,…
Sep 15, 2023 · 2 min read fraudPayment Fraud Losses Expected to Increase 410% in Emerging Markets Over the Next Five Years
Merchant eCommerce payment fraud losses on physical goods is forecasted to grow from $1 billion in 2023 to $5.1 billion in 2028 across…
Sep 14, 2023 · 1 min read Fraud BlogRegister for our Webinar: Time Matters. Swift and Agile Responses to Payment Fraud Attacks
Join Sift Trust and Safety Architect Rebecca Alter and The Fraud Practice’s Justin McDonald on October 4, 2023 at 10 AM PST/1 PM EST as…
Sep 8, 2023 · 1 min read fraudThree Rules for Effective Payment Fraud Prevention
August 9, 2023 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Payment fraud is a persistent threat impacting…
Aug 9, 2023 · 8 min read fraudMerchant eCommerce Payment Fraud Losses Expected to Exceed $90 Billion Annually by 2028
A recent report from Juniper Research forecasts eCommerce merchant payment fraud losses to exceed $362 billion globally during the five…
Aug 8, 2023 · 1 min read ATOApparel Retailer Suffers Data Breach via Credential Stuffing Bot Attack
Fraudsters accessed the rewards platform of clothing retailer Hot Topic impacting an unknown number of customers and compromising…
Aug 3, 2023 · 2 min read