Articles
The Evolving Landscape of CNP Fraud
DJ Murphy is the editor-in-chief and co-founder of CardNotPresent.com, which he co-founded with CEO Steve Casco in 2011. Murphy’s involvement in the world of card-not-present began in 2008 when he worked at Paybefore a trade publication for the prepaid card industry. About-fraud recently spoke with Murphy ahead of its annual CNP Expo...
Ad Fraud: The Silent Revenue Killer
Fraud is a well-known threat to every online company. Because of that, nearly every company has some solution for handling transaction fraud, reducing chargebacks, and verifying customers. The biggest reason for this is because companies can see the effects of transaction fraud immediately and easily recognize the drain on their revenue. Ad...
The People's Champ: Fraud Fighting with Karisse Hendrick
Karisse Hendrick is well known in fraud prevention circles. From "The Online FraudCast" to the CNP Expo to her personal consulting business, she has had a significant impact on the fraud fighting ecosystem. In addition to her depth of knowledge, she is refreshingly humble and kind, something you don't always find with...
Banks Cooperating to Combat Fraud in the EU
Fraud in EU countries is evolving. Criminals are increasingly shifting their targets from banks themselves to bank customers through scams like CEO fraud, account takeovers and phishing. Various reports discuss the reasons behind the increase in these customer-centered attacks, but less research has gone into understanding what banks can do to stop...
Building FACT to Help Airlines Fight Fraud
The growth of online payments in the last two decades means that a vast amount of financial information, particularly payment card data, is stored on the Internet. Hackers can break into databases, download the payment card information and then sell it to buyers on the dark web. This stolen card data is...
SIM Swap Fraud: Don’t Be Its Next Victim
For many victims of SIM swap fraud, the first time they learn about the attack is in the hours after their life has been changed forever. It’s an all too common story, the signal bars disappear from your mobile phone, you call the phone number – it rings, but it’s not your...
Online Fraud Prevention Requires End-to-End Application Integrity
Online fraud is on the rise across all industries. For example, in 2017 banking trojans increased 77% year over year and the figures for 2018 already show similar trends. It is expected that malware-based attacks will continue to increase with the wider adoption of digital payments and application based mobile banking. Today...
Auto Lending Fraud: The Lies People Tell on Applications
Financing a car is easy. You pick out your brand-new car. You walk into the finance manager’s office. You give your name, address, social security number and a few other pieces of personal information and you can walk out of the auto dealership with keys to that car, sometimes with little or...
ATO Attacks: What They Are and How to Foil Them
It’s more important than ever for merchants to make sure their customers are returning to make repeat purchases as the e-commerce landscape becomes more saturated. One of the best means for improving customer loyalty is to offer accounts for your online store which customers can use to check out faster, get tailored...