Aug 20, 2014 | eCommerce Fraud Prevention
In 2012, Account Takeover (one mechanism of conducting Fraud) accounted for $4.9 Billion in consumer and merchant losses, which is a 69% increase from 2011 according to “2013 Identity Fraud Report: Data Breaches Becoming a Treasure Trove for Fraudsters”...
Aug 20, 2014 | Compliance, eCommerce Fraud Prevention, Payment Card Industry
The Tokenization, PCI and Fraud Prevention Puzzle Tokenization and Fraud Prevention are complimentary security tactics in any eCommerce environment. Tokenized payment architecture is a necessity to minimize PCI scope, while fraud prevention is a central building block...
Aug 20, 2014 | eCommerce Fraud Prevention, Information Security, Professional Services, Risk Management, Splunk
The Problem According to Internet Retailer eCommerce Fraud costs e-tailers 3.5 Billion dollars annually (www.internetretailer.com/2013/03/28/online-fraud-costs-e-retailers-35-billion-2012), and many of the tools used in IT Security can help to prevent fraudulent...