The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Apple devices targeted with ransomware
A fraudster calling himself Oleg Pliss is targeting Apple iPhones and iPads with an attack that prevents the user from unlocking the phone…
Nov 4, 2021 · 2 min read Industry NewsApple Pay Adoption Moved Slow, but 2015 a Big Year for Mobile Payments Overall
Apple CEO Tim Cook may not have had the year he was hoping for after saying that 2015 would be the year of Apple Pay, but it was a strong…
Nov 4, 2021 · 3 min read Industry NewsApple Pay Launches in the United Kingdom with 8 Banks and 250,000 Merchant Locations On Board
On July 14th, about nine months after its release in the United States, Apple Pay became available in a second market, the United Kingdom.…
Nov 4, 2021 · 2 min read Two-Factor AuthenticationAre the FIDO Alliance Authentication Specifications the Beginning of the End for Passwords?
The FIDO (Fast Identity Online) Alliance released their first documents for stronger authentication at the end of 2014 with version 1.0 of…
Nov 4, 2021 · 3 min read Data BreachAs SEC Investigates Yahoo Breach, FTC Reiterates Need for Federal Breach Notification Laws
Following a data breach involving over 500 million accounts and a delay in notifying the public or impacted parties, the Securities and…
Nov 4, 2021 · 2 min read Data BreachAverage Cost of Data Breach Grows to $4M Globally, $7M in the U.S.
IBM and the Ponemon Institute recently published the latest results of their global study measuring the financial impact of data breaches…
Nov 4, 2021 · 2 min read Industry NewsBlack Friday Sets New U.S. Total Online Sales Record, Surpassed by Cyber Monday Days Later
Consumers continue to shop more online and from their mobile devices on Thanksgiving, Black Friday and Cyber Monday with another…
Nov 4, 2021 · 3 min read Industry NewsBlack Market Prices for Variety of Login Credentials Show that Fraud Goes Well Beyond the Payment Ca
A recent study cataloging prices across English- and Russian-language fraudster forums examined 320 purchases for stolen payment, identity…
Nov 4, 2021 · 2 min read Fraud PreventionBoth Card Present and Card Not Present Fraud Grew in 2016
According to estimates from Javelin Strategy and Research, there was an 8 percent increase in U.S. consumers impacted by payment card fraud…
Nov 4, 2021 · 2 min read Industry NewsCard Fraud Costs Asian Banks $400 Million per Year and is Growing Rapidly
According to estimates from FICO, card fraud in Asia costs financial institutions $400 million each year and is increasing by 20 to 25…
Nov 4, 2021 · 2 min read PaymentsCard Issuer False Positives Represent $118 Billion in Lost Processing Volume
According to a recent study by Javelin Strategy & Research, issuers left $118 billion on the table last year by wrongly declining payment…
Nov 4, 2021 · 2 min read Industry NewsCNP Fraud on UK Cards Up 23 Percent in First Half of 2014
The latest figures on card fraud losses in the United Kingdom, coming from industry group Financial Fraud Action UK, support the…
Nov 4, 2021 · 2 min read