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Hackers selling a batch of 50-100 credit card numbers can get $250.000 – $1 million. A buyer can make $2 million – $8 million using… Read More »Stolen Cards, Gift Card Exchanges, And Credit Cards
Fraud is the biggest threat to the credit card payment industry. Credit card related fraud comes in various forms: Outright physical card theft and Impersonation… Read More »The Power of Dynamic CVV against Credit Card Fraud
It appears that we cannot go a full week without hearing about hackers stealing credit card numbers, pin numbers, and personal data of those who… Read More »Increased Security Can Help with Chargebacks on High Risk Merchant Accounts
Target has started a new campaign to get consumers to buy back into their debit and credit cards. However, consumers are wary, as the massive… Read More »Consumers Shy Away from Target’s Debit Card in the Wake of the Retailer’s Data Breach
The upcoming MasterCard and Visa (EMV) chip and pin cards to the U.S. has many American merchants worried about the inevitable shift of credit and… Read More »Merchants Believe It Is Up To Them to Prevent Fraud
Cyber criminals and data hackers are constantly finding new ways to defeat retailers’ data security and fraud prevention systems. Sometimes these criminals come in a… Read More »Outsmarting Cyber Criminals
Feedzai, a large science company who is known for using real-time and machine-based learning to put a stop to fraud, has announced the results today… Read More »Why do Such a Large Number of Americans Hold the Merchants Responsible for Preventing Fraud?
Fraud touches each and every one of us sometime in our lives. It’s never pretty and it is the worst feeling of being violated without… Read More »A Week Dedicated to Fraud Awareness, Detection & Prevention