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Fraud Blog

fraud

Fraud Blog posts tagged “fraud”.

fraud

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fraud

Three 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
payment fraud

CNP Fraud Losses Represent Nearly Three-Fourths of Total Card Payment Fraud Losses in the US

Card Not Present (CNP) payment fraud losses in the US are expected to increase to nearly $9.5 billion in 2023, according to eMarketer. This…

Jun 5, 2023 · 2 min read
fraud

Nearly Two-Thirds of US Cardholders Have Been Victims of Card Fraud

The share of US cardholders who have seen fraudulent charges on their credit or debit cards increased to 65 percent in 2022, up from 58…

May 31, 2023 · 2 min read
fraud

Account Takeover: Fighting Fraud with Dynamic Friction

November 16, 2022 | Written by: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice It is common for organizations to route…

Nov 16, 2022 · 6 min read
fraud

Nearly Two-Thirds of ATO Attacks Use Advanced Bots to Mimic Human Behavior

Over 22 percent of all login attempts on retail websites were malicious, which is nearly twice the rate of malicious login attempts across…

Nov 15, 2022 · 2 min read
promo abuse

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
authentication

3 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
fraud

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,…

Jul 25, 2022 · 2 min read
fraud

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…

May 24, 2022 · 2 min read
Case Studies

About 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
Industry News

Cyber Monday and Black Friday Reach Record Highs Totaling More Than $14 Billion in Online Sales

Cyber Monday 2018 was the largest online shopping day recorded in the U.S. with $7.9 billion in sales volume, according to Adobe Analytics.…

Nov 5, 2021 · 1 min read
Merger & Acquisitions

Equifax Acquires SMB Credit Rating Firm PayNet

Founded in 2000, PayNet provides a range of services and data products for leasing and commercial lending companies to make better credit…

Nov 5, 2021 · 1 min read