- 2. February 20182. February 2018Read more
The ticketing industry has long been plagued by fraud, but the rapid advancement of technology in the past decade has given criminal entities the tools needed to create massive chaos in the business. With the help of multiple IDs and ticketing “bots,” fraudsters are now able to purchase tickets at an industrial scale and then illegally sell them on to secondary markets for exorbitant prices.
- 24. January 201824. January 2018Read more
“Alexa, how do I prevent payment fraud as voice shopping becomes increasingly popular?”
This is a relevant question as voice-activated shopping remains on target to become the next big growth channel for e-commerce. 19% of consumers in the U.S. made purchases with voice-command technology in 2017 (mainly with Amazon Echo and Google Home digital assistants), says a survey by Walker Sands, while 33% say they have plans to use voice shopping by the end of 2018.
- 15. January 201815. January 2018Read more
2017 saw rollercoaster moments in online fraud, including hacks at Equifax and Uber, and 2018 might be just as eventful: Security researchers have found major flaws — called Spectre and Meltdown — in chips used in billions of computers, mobile phones and tablets around the world. Apple, Google and Microsoft have scrambled to issue patches and software updates to prevent hackers from taking advantage of the vulnerabilities. But are they too late?
- 11. January 201811. January 2018Read more
The countdown toward mandatory PSD2 implementation has given rise to trepidation in the banking sphere, and while much remains unknown about how the revised Payment Services Directive will truly impact the industry when it comes into effect this month, experts seem to agree on one thing: Banks that embrace the possibilities that come along with the modernization have a much higher potential to thrive than banks that stand still and unchanging in the storm.
- 21. December 201721. December 2017Read more
Ecommerce is having itself a merry little Christmas, with consumer spending up fifteen percent compared to last year during the Black Friday/Cyber Monday shopping period. But fraudsters are also having a holly and jolly holiday season, with account takeovers now accounting for 20% of fraud.