The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
White Paper: Payment Fraud Prevention - Quick Pivots and Proactive Planning
This free white paper from The Fraud Practice discusses the dual mandates of a successful payment fraud prevention strategy: responding to…
Jun 7, 2023 · 1 min read payment fraudCNP 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 data breachMembers of Hacker Forum Suffer Data Breach with PII Posted on Another Hacker Forum
Nearly 480,000 members of the now defunct, dark web hacker forum RaidForums got a taste of their own medicine when their personal…
Jun 2, 2023 · 1 min read fraudNearly 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 sales insults$24 Billion in False Positives Last Holiday Season While More Consumers Admitted to Return Fraud
According to a recent study and estimates from Signifyd, the total cost of eCommerce fraud will reach nearly $207 billion this year, and…
May 16, 2023 · 2 min read identity fraudRansomware Attack Against PharMerica Leads to 5.8 Million SSNs Available on the Dark Web for Free
A ransomware group claimed to have 4.7 TB of data stolen from pharmacy services provider PharMerica, including the full names, addresses,…
May 16, 2023 · 2 min read paymentsFormer MasterCard CEO Ajay Banga Elected President of the World Bank
Ajay Banga, who served as MasterCard CEO from 2010 to 2020, was elected as the 14th president of World Bank in early May, following…
May 15, 2023 · 2 min read fraudFraudster Recruited Warehouse Worker to Facilitate Return Fraud
Exemplifying both the brazen and clever nature of return fraud schemes, a fraudster who identified themselves as “Ralph” found the contact…
May 15, 2023 · 2 min read data breach37 Million T-Mobile Customers Implicated in Recent Data Breach
A hacker exploited a vulnerability in an API enabling them to access personally identifiable information of 37 million T-Mobile customers.…
Jan 23, 2023 · 1 min read ATOOver 24.6 Billion Usernames and Passwords Have Been Compromised Since 2016
According to a study by Digital Shadows, over 24.6 billion username and password combinations have been exposed due to data breaches. While…
Jan 23, 2023 · 2 min read fraudNearly 60 Million Payment Cards Sold on the Dark Web in 2022 and 70 Percent were Issued in the US
59.4 million payment cards were compromised and posted for sale on the dark web in 2022 with 77 percent of these card compromised in the…
Jan 19, 2023 · 1 min read Fraud BlogRegister for our Free Webinar - Balanced ATO Risk Strategies: Leveraging Dynamic Friction
Join Kevin Lee - VP of Digital Trust & Safety at Sift and The Fraud Practice on February 8, 2023 at 10 AM PST/1 PM EST for a discussion on…
Jan 7, 2023 · 1 min read