The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Organized Fraud Attack Compromised Merchant POS Systems with Malware
Two men from Romania were extradited to the United States last May after being accused of running a fraud operation that installed malware…
Nov 2, 2021 · 2 min read PayPalPayPal Expands Brick-and-Mortar Presence via VeriFone POS Terminals
eBay owned PayPal first announced their mobile wallet and push into Customer Present payments in late 2011. Now following trials with their…
Nov 2, 2021 · 2 min read Industry NewsPhishing Responsible for $687M in Global Losses for First Half of 2012
According to a recent report from security firm RSA, phishing attacks in the first half of 2012 have accounted for more than $687 million…
Nov 2, 2021 · 2 min read fraudblogPRESS RELEASE: Common Chargebacks Often Associated With Friendly Fraud
Sarasota, FL, April 18, 2012 / Internal Release - There are many schemes used to defraud eCommerce merchants which can range from buying…
Nov 2, 2021 · 4 min read Case StudiesPRESS RELEASE: Failure to Conduct Proper Email Notifications on Account Usage
Failure to Conduct Proper Email Notifications on Account Usage and Account Changes Costs one Bank over $400,000 Sarasota, FL, July 31, 2012…
Nov 2, 2021 · 6 min read Data BreachPRESS RELEASE: New and Pending Legislation and Regulations Affecting eCommerce
Sarasota, FL, May 16, 2012 / Internal Release - Since the onset of the Internet in the early nineteen-nineties governments have adapted…
Nov 2, 2021 · 2 min read Fraud PreventionProactive Techniques for Avoiding Chargebacks
Chargebacks cost merchants beyond the lost sale and merchandise and in many cases it is in a merchant’s best interest to resolve customer…
Nov 2, 2021 · 4 min read Industry NewsProposed Bills Prevent Employers from Requiring Access to Private Accounts
In recent years it has become more common for employers to require job applicants and current employees to provide their passwords for…
Nov 2, 2021 · 1 min read Fraud PreventionRepeat Friendly Fraudsters Caught for Commission Scam
Two U.S. brother’s, Andrew and Allen Chiu, we’re blocked from making purchases from Nordstrom.com after excessive chargeback claims and…
Nov 2, 2021 · 2 min read fraudReport Finds Increase in Malware, Targeted Attacks at Medium-Sized Businesses
According to Symantec’s annual Internet Security Threat Report, malicious attacks increased 81 percent from last year while social…
Nov 2, 2021 · 2 min read Industry NewsRetail Clerk Opened Store Credit Cards with Stolen Identities
Two Louisiana residents were arrested and charged with multiple accounts of fraud and identity theft after a retail clerk used stolen…
Nov 2, 2021 · 1 min read Identity FraudRetail Sales Clerk Boosts Commission Buying Goods with Fraudulent Credit Cards
A former employee at Saks Fifth Avenue faces felony credit card abuse charges after using fraudulent credit cards opened in the names of…
Nov 2, 2021 · 1 min read