Fraud Prevention
Fraud Blog posts tagged “Fraud Prevention”.
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…
Nov 9, 2022 · 2 min read fraudStop 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…
Nov 9, 2022 · 7 min read authentication3 Strategies to Stop Identity Fraud Before it Hurts Your Bottomline
August 17, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Synthetic identity fraud is the combined use of…
Aug 17, 2022 · 7 min read authenticationDelete 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 database…
Aug 15, 2022 · 1 min read synthetic identityNew 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…
Jul 27, 2022 · 1 min read fraudSynthetic 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,…
Jul 25, 2022 · 2 min read authenticationAre 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…
Jul 21, 2022 · 2 min read fraudAccount 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 many…
May 24, 2022 · 5 min read fraudThe 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…
May 24, 2022 · 2 min read Data Breach124 Data Breaches Were Announced in the First Two Months of 2018 Following a Record-Setting 2017
There were nearly 17 million identity fraud victims in the United States in 2017, more than ever before. This increase is likely supported…
Nov 5, 2021 · 2 min read Case StudiesAbout Social Engineering: A Case Study and How it Relates to Spear Phishing
What is social engineering? Social engineering is a fraud technique used to deceive individuals or businesses into unknowingly providing…
Nov 5, 2021 · 3 min read Fraud PreventionApplication Fraud Cost US Financial Institutions over $2.2 Billion in 2018
Issuing banks and financial institutions lost over $1.6 billion from stolen or synthetic identities used in credit card applications plus…
Nov 5, 2021 · 2 min read