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Justin McDonald
May 16, 20232 min read
Ransomware Attack Against PharMerica Leads to 5.8 Million SSNs Available on the Dark Web for Free
A ransomware group claimed to have 4.7 TB of data stolen from pharmacy services provider PharMerica, including the full names, addresses,...
Justin McDonald
Jan 19, 20231 min read
Nearly 60 Million Payment Cards Sold on the Dark Web in 2022 and 70 Percent were Issued in the US
59.4 million payment cards were compromised and posted for sale on the dark web in 2022 with 77 percent of these card compromised in the...
Justin McDonald
Nov 9, 20227 min read
Stop Identity Fraud and Promo Abuse in the Face of a Potential Recession
November 9, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice During the “Great Recession” of 2008 and 2009...
Justin McDonald
Aug 17, 20227 min read
3 Strategies to Stop Identity Fraud Before it Hurts Your Bottomline
In this feature article, we cover three strategies for stopping synthetic identity fraud.
Justin McDonald
Aug 15, 20221 min read
Delete Old Gift Registries, Fraudsters Use Them to Harvest Data for Passing KBAs
Default privacy settings for many online gift registries, and the common practice of never deleting them, have created an identity...
Justin McDonald
Jul 25, 20222 min read
Synthetic Identity and New Account Fraud Among the Most Rapidly Growing Types of Attacks
New account fraud attacks increased 109 percent in the US according to Javelin Strategy’s most recent identity fraud study. Meanwhile,...
Justin McDonald
May 24, 20225 min read
Account Takeover and Alternative Payments: Understanding the Impact of the Fraud Economy
May 24, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Does your organization have a 360° view on the...
Justin McDonald
Sep 28, 20212 min read
T-Mobile Data Breach Compromises Millions of Consumer Records, Including SSNs
T-Mobile is currently investigating the extent of a data breach before officially disclosing the number of customers impacted. This...
David Montague
Sep 17, 20212 min read
Should Legacy Rules-Based Systems be Ruled Out as New Marketplaces Emerge?
The accelerations in eCommerce Delivery, Marketplaces and the gig economy have companies scrambling to make better decisions, faster. ...
David Montague
Sep 17, 20212 min read
The Rise of Machine Learning and AI in the Fraud Prevention Industry
13% of organizations today have adapted Machine Learning and AI into their fraud detection protocols. Another 25% of organizations plan...
David Montague
Sep 17, 20211 min read
Fraudsters Raised the bar in 2020 Increasing the Average Fraud Purchase Value to Over $700
The average order value during the Black Friday weekend was up 64 percent year-over-year, but during the entire months of October and...
David Montague
Sep 17, 20211 min read
eCommerce Growth Brought in by COVID-19 Brought Added Pressures to Merchant Fraud Strategies
False positives were already a pain point for merchants but exacerbated by the pandemic. It is estimated that $146 billion worth of CNP...
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