Terrifying financial horror stories aren't fiction!
Frightening Ghost Checks and Zombie Financial Transactions
Posted by Sean Trundy on Tue, Oct 31, 2017 @ 12:35 PM
Topics: identity theft, new account fraud, identity fraud, account takeover
Many states are changing driver's license and identification card designs in next two years - which will make it a struggle to recognize fake ID's
Updated: February 15, 2018
The implementation of Real ID regulations means that starting October 10, 2018, you may not be able to use your state-issued identification (i.e., your driver's license or identification card) to get on an airplane - even if you're travelling domestically.
Topics: identification cards, identity authentication, identity fraud, real ID, driver's licenses
The Equifax Data Breach and your Loss Prevention Operation
Posted by Sean Trundy on Mon, Oct 02, 2017 @ 08:56 AM
How the release of personally identifying information (PII) of nearly half the US population should change your approach to preventing fraud losses at your business
Earlier this month, an absolute bombshell announcement was made by Equifax – one of the three major credit scoring bureaus in the United States.
“We identified a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. ”
– Equifax
Topics: identity theft, data breach, identity authentication, identity fraud, equifax
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
Each New Data Breach Leads to Higher Account Take-Over Losses
Posted by Sean Trundy on Tue, Mar 21, 2017 @ 11:05 AM
• TABLE OF CONTENTS •
Common ATO Attack Targets
Millennials Seriously Question what Large Institutions Say
Millennials Expect Digital Services – Prefer Mobile
Topics: identity theft, fraud, account takeover fraud, data breach, identity fraud, account takeover
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