Account takeover is a rapidly growing arena for cybercriminals. How can organizations strengthen both authentication and authorization? Scott Olson of iovation, a TransUnion Company shares his insights.
As the global eCommerce market grows and fraudster methodology evolves, new fraud management approaches and tools are being introduced at a fast pace. Trying to stay on top of developments in the eCommerce fraud prevention landscape can be overwhelming and time consuming.
This guide is a comprehensive series of...
In 2019, an estimated 10% of the dollar value that reaches online checkout will fail payment authorization, resulting in approximately $340 billion worth of potential eCommerce revenue going unrealized. An estimated 70% of these orders are placed by legitimate customers who can afford the purchase.
Since customers...
Despite the harsh reality that card not present (CNP) fraud is a serious problem that which is only getting bigger, senior management is not giving this issue the attention that it deserves.
Some executives fail to recognize the correlation between fraud management and the organization's overall growth and...
Not only do holiday sales start earlier every year, over the past 20 years we've witnessed the birth of new cyber holidays. Data from previous holiday seasons reveals that shopping behavior and fraud trends are not consistent throughout he holiday season but are in fact comprised of four sub-seasons, each with its...
In an increasingly digital world, where players from virtually all sectors are racing to innovate, the risk of data theft is very real. The payment card industry has defined standards for protecting cardholder account data. But what about other data types? And what can be learned from payment card industry standards?...
There is greater awareness to the proliferation of mobile threats, and yet many organizations still underestimate their own vulnerabilities. Brian Duckering of Symantec discusses the rise and maturity of mobile threat defense.
There is greater awareness to the proliferation of mobile threats, and yet many organizations still underestimate their own vulnerabilities.
Mobile security should be taken just as seriously - if not more so - as traditional endpoints. Every employee behind a desktop computer also has at least one mobile device...
If you hold, share or have access to important information, you should assume your smartphone has already been hacked.
Unprotected smartphones could pose the greatest security risks to governments, enterprises and individuals. Consider what's at stake and prevent hackers from capitalizing on your...
Email security in the era of the cloud is a critical concern for business leaders. This tool is a powerful way for businesses and services to communicate with their customers. From transaction notifications to billing statements to social media updates, email is a proven reliable and effective way for businesses to...
Digital transformation has made it increasingly easy for consumers to switch institutions at the least provocation.
But leaders like Capital One, Guardian Life, and Goldman Sachs are embracing change and moving to the cloud. They're creating great customer experiences - and fighting churn - by integrating email into...
Russian national Peter Levashov, who was arrested in Spain last year and extradited to the U.S., has admitted to a two-decade crime spree that included running multiple botnets that harvested online credentials while also pumping out spam, banking Trojans and ransomware.
The scale of connectedness we're experiencing is unprecedented. The pace of change and technology advancement in recent years could be compared to another industrial revolution. But the connectedness that allowed us to bring the power and security of the Visa network to each transaction in real time, also created the...
U.S. prosecutors have accused a 34-year-old North Korean man of involvement in some of the most destructive and profitable cyberattacks ever seen, including the WannaCry ransomware outbreak, the Sony Pictures Entertainment breach and the theft of $81 million from Bangladesh Bank.
For retailers, the benefits of selling gift cards extend well beyond the initial revenue. The purchase ensures a future shopping trip, and when redeeming gift cards, customers spend an average of 20% more than the value of the card. Considering their widespread popularity (93% of US consumers receive or give at least...
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