Fraud Prevention Blog

CNP to Hit $70 Billion in the Next 5 Years

Posted by Sean Trundy on Thu, Jul 13, 2017 @ 02:57 PM

Retailers are on course to lose more than $70 billion globally to remote “card-not present” (CNP) fraud over the next five years. Despite this fact, retail managers of both large and small operations are under the financially fatal impression that fraud prevention is too costly.

Topics: fraud prevention, cnp fraud, identity authentication, identity fraud

IDentity Theft Continues to Increase in Volume & Value

Posted by Sean Trundy on Wed, Feb 22, 2017 @ 01:36 PM

TABLE OF CONTENTS
CNP Fraud
Identity Fraud via Phishing, Malware, and Social Media
Other Identity Fraud Trends
What Can Business Operators Do?

Topics: identity theft, cnp fraud, identity fraud

The Holidays, Retail, and Fraud

Posted by Stephanie Cho on Tue, Nov 22, 2016 @ 07:00 AM

TABLE OF CONTENTS
Consumer Behavior during the Holidays
Holiday 2015 Retail Stats Review
Holiday 2016 Retail Forecast
Holiday Fraud Issues
Holiday Fraud Prevention Tips

Topics: retail fraud, fraud, holiday season, cnp fraud

The Move from "Credit Card Fraud" to "Remote Fraud"

Posted by Sean Trundy on Thu, Dec 10, 2015 @ 02:33 PM

For many years, credit card fraud has been the favored method for fraudsters seeking to profit from stolen identity information. The ease with which a criminal could use a victim’s card information and the generally widespread availability of stolen card data made credit card fraud the simplest and lowest-risk option for the average criminal.

Topics: credit card fraud, remote fraud, account takeover fraud, application fraud, cnp fraud