fraud
Fraud Blog posts tagged “fraud”.
As Consumers Use Debit Cards More and Checks Less, Fraudsters Adjust Accordingly
In recent years consumers have been using their debit cards more often while relying less on paper checks, meanwhile fraud rates on these…
Nov 1, 2021 · 2 min read fraudBanks Back Off Debit Card Usage Fees
Financial institutions came up with several new ways of recouping revenue lost from the Durbin debit interchange cap. Such methods included…
Nov 1, 2021 · 2 min read fraudBest Buy Using Shared Return and Exchange Data to Prevent Friendly Fraud
In efforts to combat merchandise return fraud retailer Best Buy has instituted a system where they scan an identity document when someone…
Nov 1, 2021 · 2 min read fraudblogClick Fraud Scammers with Massive Botnet Busted
A two year operation by the FBI called Operation Ghost Click has led to the arrest of six hackers who had built a botnet of over four…
Nov 1, 2021 · 1 min read fraudblogConsumers Spending More Online per Purchase While Enjoying Better Discounts
A recent study utilizing a sample of eCommerce transactions since 2007 found that consumers were willing to spend almost twice as much more…
Nov 1, 2021 · 2 min read fraudConsumers use Weak Passphrases too
An easier-to-remember alternative to passwords, passphrases are a sequence of random words that should provide more security than a…
Nov 1, 2021 · 2 min read fraudCounterfeit Card Ring Resold Gasoline
For several years now fraudsters have been obtaining credit card numbers by hiding skimmers in gas pumps, but a fraud ring from Central…
Nov 1, 2021 · 1 min read fraudCouple Continued Mail Theft and Fraud for Over 10 Years
A man and woman have been charged with multiple counts of burglary, manufacturing and selling government IDs, and forgery for a scam…
Nov 1, 2021 · 2 min read fraudeBay Acquires German Online Payment Company
On December 22nd eBay announced their purchase of BillSAFE, a German online payment company, without disclosing the price or terms of the…
Nov 1, 2021 · 1 min read fraudExpect Fraud Rings to Focus More on Skimming This Year
According to some security experts fraud resulting from card skimming will further increase in 2012 as fraud rings continue to exploit the…
Nov 1, 2021 · 1 min read fraudExpect U.S. eCommerce to Exceed 6% of Total Retail Sales for Q4 2011
The importance of Cyber Monday in the online channel should not be understated. Cyber Monday 2010 was the first time online spending in the…
Nov 1, 2021 · 5 min read fraudblogExperian Acquires 192business
On November 28th the credit reporting bureau and global information services company Experian agreed to acquire the identity verification…
Nov 1, 2021 · 1 min read