The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Customer Concerns Leading to Cart Abandonment
Shopping cart abandonment is a major concern and performance indicator metric for all eCommerce merchants, and a recent study and…
Nov 3, 2021 · 2 min read Data BreachDetails Released About the Largest Hacking and Data Breach Case Ever Prosecuted in the United States
A recently unsealed indictment from the U.S. Attorney’s offices details the charges of four Russian fraudsters and one Ukrainian about…
Nov 3, 2021 · 2 min read Merger & AcquisitionseBay Acquires Braintree to Bolster PayPal and Mobile Payments
In late September eBay announced their acquisition of Braintree, a payment service provider and gateway focusing on payments within mobile…
Nov 3, 2021 · 2 min read Industry NewseCommerce Sales Reach New Heights to Start this Holiday Shopping Season
According to data from ComScore U.S. eCommerce sales from home and work computers grew by double digit percentage gains in 2013 on…
Nov 3, 2021 · 2 min read Sales ConversionEstablishing Trust Online: Trust and Security Seals Around the World
In today’s online environment with breaches, hacks, data compromises, credit card theft and fraud, conveying to a site visitor that your…
Nov 3, 2021 · 3 min read Data BreachFBI Memo Warns of Hacktivist Attacks Against Several Government Agencies
An FBI memo seen by Reuters makes reference to Anonymous attacks and compromised data from multiple government agencies including the…
Nov 3, 2021 · 1 min read Industry NewsFICO Data Shows Fraud Against U.S. Issued Credit Cards Continues to Increase, Led by CNP Fraud
A recent report from FICO found that the incidence rate of credit card fraud on U.S. issued cards increased by 17 percent over a nearly…
Nov 3, 2021 · 2 min read Industry NewsFrance, Russia and UK Lead Increase of Card Fraud in Europe
According to data from FICO and Euromonitor International, card fraud losses increased 6 percent in 2012 from 2011 while 80 percent of this…
Nov 3, 2021 · 2 min read Fraud PreventionFraud Patterns and Statistics from this Black Friday and Cyber Monday
While eCommerce and mobile payment volumes hit record levels on Black Friday and Cyber Monday, the fraudsters were seizing the opportunity…
Nov 3, 2021 · 2 min read Data BreachFraudsters Pass KBAs to Obtain Celebrity Credit Reports
Using AnnualCreditReport.com, a site setup by the three major credit reporting bureaus in the United States for consumers to obtain free…
Nov 3, 2021 · 2 min read Industry NewsFraudsters Used Spear Phishing Tactics to Initiate Attacks Against New York Times and Other Websites
In a high profile attack led by the Syrian Electronic Army against the New York Times and other websites, users accessing the affected…
Nov 3, 2021 · 2 min read Fraud PreventionGartner Predicts Rapid Growth in Use of Social Network Identities for e-Retail
Gartner estimates that 5 percent of new retail customers’ identities are based on social network profiles and identities today, but they…
Nov 3, 2021 · 3 min read