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Fraud Blog

The Fraud Blog

News, research, and analysis on eCommerce payments and fraud prevention.

The Fraud Blog

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fraud

Account Takeover: Fighting Fraud with Dynamic Friction

November 16, 2022 | Written by: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice It is common for organizations to route…

Nov 16, 2022 · 6 min read
fraud

Merchants Expected to Lose $41 Billion to eCommerce Fraud Globally in 2022

The total cost of eCommerce fraud to merchants is expected to reach $41 billion in 2022 then increase by 17 percent to reach $48 billion in…

Nov 15, 2022 · 1 min read
fraud

Nearly Two-Thirds of ATO Attacks Use Advanced Bots to Mimic Human Behavior

Over 22 percent of all login attempts on retail websites were malicious, which is nearly twice the rate of malicious login attempts across…

Nov 15, 2022 · 2 min read
payments

66 Payments-Related M&As in the First Half of 2022 Outpaced 2021

There were 66 mergers and acquisitions in the payments space in the first half of this year, with several more occurring in the past few…

Nov 14, 2022 · 2 min read
promo abuse

Just 40% of Consumers Have NOT Attempted Some Form of Promo Abuse in the Past Year

More than 30 percent of consumers admitted to abusing referral programs by referring themselves using a new email address to obtain a…

Nov 9, 2022 · 2 min read
fraud

Stop Identity Fraud and Promo Abuse in the Face of a Potential Recession

November 9, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice During the “Great Recession” of 2008 and 2009…

Nov 9, 2022 · 7 min read
fraud

Excessive Data Breaches Bring Additional Action Beyond Fines and Penalties per Incident

Education Technology provider Chegg is facing an FTC lawsuit requiring them to implement multi-factor authentication, improve data security…

Nov 4, 2022 · 2 min read
ecommerce

US Online Holiday Sales Expected to Return to Single Digit Growth in 2022

Digital Commerce 360 has been tracking US online holiday sales growth since 2015 with year-over-year percentage growth in the double-digits…

Nov 4, 2022 · 1 min read
authentication

White Paper: 3 Reasons ATO Needs to be a Priority This Holiday Season & 3 Strategies to Address It

The latest free white paper from The Fraud Practice focuses on account takeover to specifically discuss why ATO risk should be top of mind…

Sep 14, 2022 · 1 min read
data breach

800+ Data Breaches and Over 53 Million Consumers Compromised in the First Half of 2022

After the first half of 2022, the number of data breaches for the year is on pace to fall below the all-time high set in 2021, but still…

Sep 7, 2022 · 2 min read
fraud

Fraud Losses Attributed to the Login Event are Catching Up to Fraud Losses from Transactions

Although fraud attacks occur more frequently at the account creation and transaction events, the dollar losses attributed to fraud at the…

Sep 7, 2022 · 2 min read
authentication

3 Strategies to Stop Identity Fraud Before it Hurts Your Bottomline

August 17, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Synthetic identity fraud is the combined use of…

Aug 17, 2022 · 7 min read