Home 2013 March
formats

Press Release: Finally an Option to Implement 3-D Secure that Actually Makes Sense

I can’t tell you how many times I have been asked my opinion on the 3-D Secure programs offered by the major card brands. As an independent risk consultancy, our opinion has been pretty consistent over the years; we didn’t see much reason to consider 3-D Secure, outside of limited circumstances, until there was greater

(More)…

 
formats

2013 MRC Annual eCommerce Payments & Risk Conference

Published on March 15, 2013, by in Events.

David Montague will be a plenary speaker at the 2013 MRC Conference providing a session on the “Trends in the Future of Fraud Tools.” The annual conference will be held March 25-28, 2013 in Las Vegas, Nevada. Click here more information about this year’s conference.

 
formats

Press Release: Reversing the Identity Authentication Lookup

Comparison of the Identity Authentication and Reverse Lookup Techniques Merchants selling goods online and in the CNP channel at one point or another will need to apply techniques to authenticate consumer provided data to determine if it matches or goes together. Merchants typically rely on two common techniques:  Identity Authentication and Reverse Lookups, or in

(More)…

 
formats

Retailer Sues Visa in Attempts to Recover Fines for Data Breach

A retailer suffering a data compromise in 2010 was ultimately responsible for $13.3 million in fines from Visa levied against two acquiring banks that passed the fines on to the retailer. The retailer is now suing Visa stating that at no point where they not in compliance with PCI and that the fines are arbitrary

(More)…

 
formats

Fraudsters Pass KBAs to Obtain Celebrity Credit Reports

Using AnnualCreditReport.com, a site setup by the three major credit reporting bureaus in the United States for consumers to get free annual copies of their credit reports, hackers were able to obtain credit reports and post sensitive information online belonging to some high-profile victims. Read More

 
formats

Javelin Finds Number of U.S. Identity Fraud Victims Increased by 1 Million in 2012

According to a recent study by Javelin Strategy & Research, the number of identity fraud victims in the United States increased by more than 1 million from 2011 to 2012 while the total dollar amount stolen grew by nearly $3 million. Read More

 
formats

Gartner Predicts Rapid Growth in Use of Social Network Identities for e-Retail

Gartner estimates that 5 percent of new retail customers’ identities are based on social network profiles and identities today, but they expect this grow to 50 percent of new retail customer identities by the end of 2015. Read More

 
© The Fraud Practice LLC 2012