Account takeover is the fastest growing fraud vector in retail banking. It's lucrative. It's a service you never want to provide.
Motivated fraudsters attack from every angle, limiting the effectiveness of the best one-dimensional defenses.
iovation offers the most secure, seamless, and comprehensive solution....
In today's digitally dependent business operations, an organization's IT infrastructure is a
crucial asset. This asset can be a competitive advantage, but it can also be a disadvantage
based on how well the organization evolves and utilizes its suite of IT assets relative to its
current and future competitors bent...
It is estimated that a business falls victim to a ransomware attack every 40 seconds, adding up to a projected $11.5 billion in damages for this year. As ransomware attacks become more targeted and damaging, your organization faces increased risk that can have your networks down for days or even weeks.
So, how can...
Customer accounts are an integral tool to help merchants foster customer loyalty. But when login credentials are compromised, they present a unique opportunity for fraudsters to commit CNP fraud and steal customer PII. In 2018 alone, Account Takeover attacks resulted in over $11 billion in losses.
The fallout from...
An Account Takeover (ATO) attack is exactly
what it sounds like: a bad actor acquires an
authorized user's login credentials, most
often by leveraging reused or similar passwords from previously breached sites.
With millions of usernames and passwords
stolen each year, ATOs are more common than
ever. Yet a...
To stay current, eCommerce retailers have to keep track of evolving shopping trends. And to stay profitable in a rapidly changing marketplace, merchants have to approve more orders, operate more efficiently, and fend off the costly threats of fraud, account takeovers, chargebacks, and false declines.
This survey...
Legacy fraud detection systems often approve or decline orders based solely on a handful of details. Savvy merchants expect much more from their fraud management solutions than simply a risk score.
Today, merchants demand a solution that supports expansion into global markets, promotes a smooth shopping experience,...
As the global eCommerce market grows and fraudster methodology evolves, new fraud management approaches and tools are being introduced at a fast pace. This guide provides a comprehensive series of resources designed to guide decision makers through the assessment of assessing fraud management and identifying...
In this cutthroat environment, any overlooked leak in the eCommerce payment funnel can be devastating. But most merchants don't realize that around 10% of revenue that reaches checkout is declined even before they have a chance to capture funds.
Fear of CNP fraud leads to businesses falsely declining up to 5.5% of...
Fraud is scary, and there are many valid reasons for merchants to decline suspicious transactions in the name of fraud prevention. But often, in the quest to avoid abuse, risk-averse vendors take defensive measures too far.
Download this whitepaper to learn more about:
How false declines leave money on the...
In the competitive world of eCommerce, online retailers must provide an optimal customer experience or risk losing business. Many are seeing hard-earned revenue fall victim to costly credit card chargebacks.
Download this whitepaper to learn more about:
Why chargebacks are filed
The ramifications of too many...
Cybercriminals have stolen customer data from Citycomp, a German IT company whose clients include Oracle, Volkswagen, Airbus, Ericsson, Toshiba British Telecom and many others. After Citycomp didn't pay a ransom, the hackers posted the data online.
The impact of chargeback rates is abundantly clear and easily measurable, but the financial impact of false declines - rejecting perfectly good customers over fear of fraud - is largely underestimated. In reality, these
mistakes, which are all too common but difficult to track, end up costing merchants significantly...
Fraud is scary, and there are many valid reasons for retail merchants to decline suspicious transactions in the name of fraud prevention. But often, in the quest to avoid abuse, risk-averse vendors take defensive measures too far. According to industry data, the average merchant loses 5.5% of their revenue to false...
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