Remove Account Takeovers Remove Cybersecurity Remove EMV
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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

PYMNTS

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs. In this week’s Hacker Tracker , PYMNTS was joined by Alex Cagnoni, CEO of Datablink , who shared some interesting insights on some of the latest news across the cybersecurity landscape.

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Too Much Security? There’s No Such Thing

PYMNTS

Between account takeovers, business logic abuse, loyalty and reward points fraud and other cybersecurity attack methods, companies are not only suffering financial damages but brand image damages too. Not according to Angel Grant, director of Global Product Marketing and Strategy for cybersecurity firm RSA.

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XOR Data Exchange Combats Fraud For Online Retailers

PYMNTS

The trouble is, the global implementation of EMV authentication has led to a major uptick in instances of card-not-present (CNP) fraud in the eCommerce space. For its part, XOR recently released a preventative, data-driven resource to enable online retailers to combat CNP fraud and account takeover attempts on the back-end.

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Fighting The Known Unknowns In Digital Identity Fraud

PYMNTS

According to the latest edition of the PYMNTS Global Fraud Index – after a short lull post-EMV in the U.S., The good guys – the financial institutions, retailers and cybersecurity firms – have to be right every time, finding all available windows and making sure they are entirely locked at all times. The Many Ways To Play At Fraud.

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AIs Sizzle, ICOs Fizzle And Fraudsters Find A Way To Ruin Everyone’s Week

PYMNTS

Well, for one, account takeovers, which are on the rise. According to the October 2017 Global Fraud Index, a PYMNTS and Signifyd collaboration, account takeover has spiked 45 percent in Q2 2017 alone. The increase in account takeovers is symptomatic of the larger landscape of fraud.

AI
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How To Tell The Good Bots Vs. The Bad Ones

PYMNTS

Earlier this year, the Global Fraud Attack Index , a PYMNTS and Forter collaboration, found that online fraud attacks have jumped by 11 percent since the move to EMV in October. “The more accessibility to install and download bots there is, the more wary you need to be.”. However, just because botnets primarily stick to the low-hanging (i.e.,

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eCommerce Vs. Zombie (Computers)

PYMNTS

As the growth of EMV adoption in the U.S. However, just because botnets primarily stick to the low-hanging (i.e., low-cost) fruit in eCommerce transactions, that’s certainly no reason to sleep on them.