Fraud Prevention

How Networking Is Driving Fraud Sophistication

The top post on the popular Dark Web forum DarknetMarketsNoobs is a pinned compilation of useful links and important previous entries. The helpful post serves well to illustrate just how outdated is the old trope of the lone fraudster working from their basement. Today, no fraudster is an island. Instead, fraudsters are part of an […]

Three Types of Policy Abuse CFOs Should Care About

Amateur policy abusers and those who are fraud-curious can now find countless practical – and affordable – guides to help them as they make their first steps in policy abuse. Riskified’s Dark Web researchers recently came across a $1-step-by-step guide to scamming fashion eCommerce giant Asos for an order refund. The very definition of the […]

5 Top Prevention Strategies of Ecommerce Fraud

Global online retail sales are expected to surpass the $7 trillion mark by 2025, according to eMarketer. So that’s the good news. However, the bad news is that this notable growth in sales will inevitably lead to a rise in eCommerce Fraud. In this blog, I will discuss top prevention strategies of ecommerce fraud. Beginning in […]

A Crisis of Confidence

Ecommerce fraud is a global problem. On that, everyone agrees. But new research from Riskified shows that merchants and consumers don’t see eye-to-eye on a key issue in fraud prevention. Consumers are not particularly confident in merchants’ ability to combat fraud. To measure the gap between how merchants and consumers view fraud prevention, Riskified conducted […]

Evolution of Payments & Declines

Remember the good ol’ days of bartering? Probably not, since it hasn’t been a proper form of payment in over 5,000 years. Society shifted from bartering to using barley, then coins, and later banknotes and checks to represent value. With modern advancements in technology came plastic cards, eWallets, and other new payment methods.  While this […]

Back to the Basics: 3DS Explained

3-D Secure, or 3DS, is a strong customer authentication protocol activated during a card-not-present (CNP) checkout process to confirm the cardholders’ identity prior to authorization. It is an extra layer of protection designed to reduce the risk of online fraud. Merchants all over the world use 3DS as a component of their eCommerce fraud prevention […]