The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Delete Old Gift Registries, Fraudsters Use Them to Harvest Data for Passing KBAs
Default privacy settings for many online gift registries, and the common practice of never deleting them, have created an identity database…
Aug 15, 2022 · 1 min read Fraud BlogSynthetic Identity Fraud Targets Transactions & Account Creations for eCommerce Merchants & Lenders
Synthetic identity fraud represents nearly 30 percent of fraud losses at the account creation event for US eCommerce merchants and over 40…
Aug 15, 2022 · 2 min read chargebacksEquifax to Acquire Post-Transaction Provider Midigator
Equifax announced a definitive agreement to acquire dispute management software company Midigator, focusing on the complementary nature to…
Aug 8, 2022 · 1 min read synthetic identityNew White Paper: Detecting Fraud and Abuse at Account Opening
The latest free white paper from The Fraud Practice discusses the different types of attacks and fraud that organizations face at the…
Jul 27, 2022 · 1 min read fraudSynthetic Identity and New Account Fraud Among the Most Rapidly Growing Types of Attacks
New account fraud attacks increased 109 percent in the US according to Javelin Strategy’s most recent identity fraud study. Meanwhile,…
Jul 25, 2022 · 2 min read authenticationAre Your Customers’ Loyalty Points Safe From Fraud?
Nearly 90 percent of US consumers are enrolled in at least one loyalty program while the total value of US rewards accounts exceeds $60…
Jul 21, 2022 · 2 min read data breachThe Average Cost of a Data Breach has Doubled Since 2018
The average cost of a data breach including consumer identity information in the United States reached $9.5 million in 2021, up 16 percent…
Jul 20, 2022 · 1 min read fraudAccount Takeover and Alternative Payments: Understanding the Impact of the Fraud Economy
May 24, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Does your organization have a 360° view on the many…
May 24, 2022 · 5 min read industry newsDigital Wallet Transactions to Reach $7.5 Trillion in 2022, Fraudsters Likely to Follow the Money
A recent study from Juniper Research forecasts substantial growth in payments made from digital wallets with increasing acceptance at…
May 24, 2022 · 1 min read Merger & AcquisitionsLexisNexis Acquisition of BehavioSec Underscores Challenges of Authentication in the Digital Age
LexisNexis Risk Solutions announced their acquisition of behavioral biometric provider BehavioSec earlier this month. One of the earliest…
May 24, 2022 · 2 min read fraudThe Large and Growing Threat of Account Takeover
Account Takeover (ATO) represented one-in-four identity fraud losses in 2021 growing 90 percent year-over-year to an $11.4 billion dollar…
May 24, 2022 · 2 min read Fraud BlogCase Study: Dermatologist Racks Up $300k in Return Fraud Against Amazon
Return fraud comes in many forms and the people behind the schemes are just as diverse. Merchants should not assume customers with an…
Jan 20, 2022 · 1 min read