Credit Card & Online Fraud

Credit Card & Online Fraud

Experian E-commerce Attack Rates
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Experian: 2017 Online Shopping Fraud Up 30%

Russian hackers and trolls may have received all the media coverage in 2017 but it was Chinese and Venezuelan hackers who carried out the most e-commerce fraud in 2017 according to a new report by Experian. In its 2017 E-commerce Fraud report, Experian says online shopping ...
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credit card signatures disappearing
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Bye bye credit card signatures

When was the last time you used a pay phone? I can’t remember either. In the same way, by the end of this month, credit card signatures will no longer be required on four major credit card networks, including – American Express, Discover, Mastercard and ...
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Delta Airlines Sears data breach
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Sears, Delta Airlines payments data breached

Sears and Delta Airlines have both suffered a breach of their data payments through a systems hack of software provider [24]7.ai. [24]7.ai, which provides online support services to Sears, Delta Air Lines and other major companies, said the hack resulted in the unauthorized access of ...
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e-commerce news roundup
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Global e-commerce and payments news roundup

We’ve got a roundup of the latest global e-commerce and retail news including cryptocurrency payments, new investment in Paytm, and the latest from Amazon, Newegg, Toys “R” Us, and data breaches at Saks Fifth Avenue and under Armour. E-commerce Bancor launches auto-converting cryptocurrency wallet Bancor’s launch ...
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Password trainwreck for cryptocurrency exchanges
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Cryptocurrency exchanges’ security puts users at risk

Originally posted at Blockcoin Today A new research study shows that 71% of cryptocurrency exchanges are heading for a train wreck when it comes to password security. The research report by Dashlane Inc, a New York City marketer of password-management software looked at password security ...
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Bitcoin & Blockchain Credit Card & Online Fraud Payments Research

Fintech’s biggest impact on financial services & cybercrime gone wild

We’ve got highlights of two new and important reports for the payments industry. The first is PwC’s look at the impact of fintech on the financial services industry. The second report is ThreatMetrix’s Q4 2017 Cybercrime report, which is a real eye-opener.  Lots of valuable ...
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ThreatMetrix Q4 Report: New cybercrime battlegrounds, trends

ThreatMetrix analyzed more than 7.9 billion transactions and we have highlights of its Q4 2017 Cybercrime Report. ...
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US DOJ takes down $530 million international cybercrime ring

US DOJ takes down $530 million international cybercrime ring known online as "Infraud Organization." ...
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ACI: Holiday e-commerce fraud attempts jumped 22%

A new ACI Worldwide research report showed 2017 holiday e-commerce fraud jumped 22%, while transactions increased 19%. ...
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PaymentsNEXT: Holiday fraud drops; prevention strategies; suppliers penalized for late delivery

Today's newslettter highlights a surprising decrease of 29% in holiday credit card fraud, Kroeger penalties to suppliiers for late deliverry and fraud prevention tips. ...
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