Researchers have uncovered an invitation-only Tor-concealed marketplace where stolen credit card details are bundled with the victim's device fingerprint, meaning criminal buyers can use them to beat numerous fraud detection systems.
It's that time of year: Round ups, hot takes and eulogies for the year abound. We're no different, but we're going to tell the story of 2015 a little differently -- though numbers. Ten of them to be exact. In no particular order, here's how hackers and scammers and the many security flaws they found got us on edge for this year … and the next.
E-commerce fraud costs retailers approximately $4 billion each year, according to the most recent results of an annual survey conducted by Cybersource, a provider of electronic payment and risk management services. Sebbe Jones, manager of fraud and disputes at 2Checkout, is in the business of keeping e-commerce fraud at bay.
Bernard Madoff, Allen Stanford and California money manager Danny Pang may be the latest examples of outrageous fraud. But what about the little guys? The administrator, middle manager or call-center rep?
Cybercriminals are improving a malicious software program that can be installed on ATMs running Microsoft's Windows XP operating system that records sensitive card details, according to security vendor Trustwave.
Digital innovation has changed everything: the money is everywhere, so every business is a potential target for fraud. Fraudsters employ automated, faceless bots that scour business apps looking for any opportunity to profit. Download out whitepaper and be knowledgeable about fraud as this is the first step on the road to effective detection and mitigation.