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Fraud Blog

fraud

Fraud Blog posts tagged “fraud”.

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Industry News

House, Senate Will Hear 3 Online Sales Tax Bills in 2013

In preparation for the upcoming legislative session multiple bills have been drafted that seek to change current tax laws requiring all…

Nov 2, 2021 · 3 min read
Industry News

How Large of a Problem is Click Fraud?

A recent Forbes headline read “Is Click Fraud A Ticking Time Bomb Under Google?” referencing the billions in revenue Google makes each year…

Nov 2, 2021 · 1 min read
fraud

IBM Predicts Biometrics to Replace Passwords in Five Years

According to IBM, the biometric technology they are continuing to develop, such as retinal scans and voice recognition, will replace…

Nov 2, 2021 · 2 min read
fraud

IRS May Share Information with Law Enforcement to Fight Tax Return Identity Fraud

Identity thieves filing fraudulent tax returns to claim refund checks have caused headaches for hundreds of thousands of tax payers and the…

Nov 2, 2021 · 2 min read
fraud

Issuing Banks Becoming More Strict with Friendly Fraud Chargeback Claims

In response to an increasing number of consumers making erroneous chargeback claims that a good was never received or a transaction was…

Nov 2, 2021 · 2 min read
Data Breach

LinkedIn Suffers Data Breach, Now Faces Lawsuit

Nearly 6.5 million passwords were posted on a Russian based hacker forum website and on June 6th LinkedIn confirmed that these passwords…

Nov 2, 2021 · 1 min read
Industry News

More Merchants Accepting Payments Over Mobile Devices, More Competitors Entering this Space

In June Square announced that they are now processing $6 billion annually while VeriFone and Intuit compete with similar product offerings…

Nov 2, 2021 · 3 min read
Fraud Prevention

OFAC List Equivalents in the UK

There are many similarities to doing business online in the United States and the United Kingdom, and while similar rules or regulations…

Nov 2, 2021 · 2 min read
Case Studies

Organized Fraud Attack Compromised Merchant POS Systems with Malware

Two men from Romania were extradited to the United States last May after being accused of running a fraud operation that installed malware…

Nov 2, 2021 · 2 min read
Industry News

Phishing Responsible for $687M in Global Losses for First Half of 2012

According to a recent report from security firm RSA, phishing attacks in the first half of 2012 have accounted for more than $687 million…

Nov 2, 2021 · 2 min read
fraudblog

PRESS RELEASE: Common Chargebacks Often Associated With Friendly Fraud

Sarasota, FL, April 18, 2012 / Internal Release - There are many schemes used to defraud eCommerce merchants which can range from buying…

Nov 2, 2021 · 4 min read
Case Studies

PRESS RELEASE: Failure to Conduct Proper Email Notifications on Account Usage

Failure to Conduct Proper Email Notifications on Account Usage and Account Changes Costs one Bank over $400,000 Sarasota, FL, July 31, 2012…

Nov 2, 2021 · 6 min read