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Successfully shutting down account takeovers and evolving fraud operations

Interviews | Digital Identity, Security & Online Fraud | 01 Feb 2024

Sift Trust & Safety Architect, Rebecca Alter, shares how businesses can successfully shut down account takeovers and evolve fraud operations to meet the pace of a dynamic global market.

fraud prevention, ecommerce, account takeover, artificial intelligence, compliance, fraud-as-a-service, fintech, financial institutions, cybercrime, biometrics, machine learning

Today's trends in fighting fraud and top ecommerce risks confronting merchants

Interviews | Digital Identity, Security & Online Fraud | 18 Jan 2024

We spoke with Jeff Gipson, Director, Digital Fraud Product Management at Discover® Global Network, about today’s trends in fighting fraud and top ecommerce risks confronting merchants.

fraud prevention, ecommerce, merchants, machine learning, luxury goods, customer experience, merchant fraud, artificial intelligence, omnichannel, CNP fraud, Card-not-present fraud, card-on-file, tokenization, chargebacks

'Card hopping' fraudsters twist consumer financial tactics to stay undetected

Voice of the Industry | Digital Identity, Security & Online Fraud | 05 Apr 2023

Sift Trust and Safety Architect Jane Lee discusses how fraudsters are automating consumers’ ‘card hopping’ approach to credit cards to test stolen payment data, make unauthorised purchases, and more effectively avoid detection.  

fraud detection, machine learning, payment fraud, CNP fraud, Sift, credit card, cybercrime

How merchants can fight back in the new era of payments fraud

Voice of the Industry | Digital Identity, Security & Online Fraud | 13 Feb 2023

Augustin Testu, Senior Product Manager at Checkout.com, discusses the main actions merchants can take to maximise their profits while minimising fraud and favouring sales against declining payments.

fraud prevention, merchants, customer experience, fraud detection, online payments

New insights from Sift: Payment fraud jumps 23 per cent globally as fraudsters flock to automation

Voice of the Industry | Digital Identity, Security & Online Fraud | 31 Mar 2022

Jane Lee, Trust and Safety Architect at Sift, breaks down 2021 global payment fraud data, trends, and evolving abuse tactics like automation and organised attacks

fraud detection, online fraud, online security, cybersecurity, Sift, ecommerce, payment fraud

Arkose Labs: 85% increase in online fraud; over a fifth of all online traffic now an attack

News | Digital Identity, Security & Online Fraud | 08 Feb 2022

Experts from the Arkose Labs Network have released a report, The 2022 State of Fraud and Account Security, warning UK commerce that it faces its most challenging year ever.

Arkose Labs, report, bot attacks, online fraud, metaverse, crypto

The ATO landscape: how to proactively stop this type of fraud that highly affects digital commerce

Interviews | Digital Identity, Security & Online Fraud | 27 Jan 2022

Jeff Sakasegawa, Sift: 'Account takeover fraud has evolved into an interconnected network – the need for an end-to-end solution is critical to protect users and drive growth'

Sift, account takeover, fraud prevention, ecommerce, fintech

The lay of the fraud land: Q&A Session with merchants - Series I

Voice of the Industry | Cryptocurrencies | 26 Jan 2022

In a Q&A session, The Paypers sat down with big names in the merchant industry to elaborate on what fraud trends have emerged in the ecommerce the space so far

fraud prevention, merchants, ecommerce, online payments, fraud detection

New scamming approach to grow exponentially during holidays

News | Digital Identity, Security & Online Fraud | 17 Dec 2021

New research from fraud experts, Arkose Labs, has revealed that there were over two billion Credential Stuffing attacks during 2021.

cybersecurity, online fraud, research, financial crime

2022 and the evolving landscape of fraud

Voice of the Industry | Digital Identity, Security & Online Fraud | 02 Dec 2021

The last two years have seen fundamental changes in online behaviour for businesses, customers, and criminals. With the trend set to continue, Callsign’s Andreas Eliasson looks to the year ahead.

phishing, account takeover, blockchain, cryptocurrency, biometric authentication, behavioural biometrics, social engineering

Fighting the rising threat of payments fraud and ATO in fintech

Interviews | Digital Identity, Security & Online Fraud | 08 Nov 2021

Jane Lee, Trust and Safety Architect at Sift: We’re seeing a lot more credential stuffing attacks impacting platforms. In this situation, bad actors deploy scripted attacks to test batches of credentials against a platform. This, of course, makes the scale of ATO so much greater

fintech, cryptocurrency, financial services, fraud prevention, account takeover

Arkose Labs announces updates to its Fraud Deterrence Platform

News | Digital Identity, Security & Online Fraud | 29 Oct 2021

Arkose Labs, a US-based fraud prevention company, has introduced new updates to its Fraud Deterrence Platform, including augmented risk detection and attack response.

Arkose Labs, product upgrade, digital identity, fraud prevention, risk management, artificial intelligence, machine learning

Mitigating credential stuffing must be a top priority for businesses

Voice of the Industry | Digital Identity, Security & Online Fraud | 20 Oct 2021

Kevin Gosschalk, CEO at Arkose Labs, believes that businesses deserve greater protection, commitment, and partnership from their security vendors to thwart attackers' efforts, which is especially essential during the holiday season

cybercrime, online fraud, fraud prevention, account takeover

Upping the ante: stop credential stuffing using attack economics

Voice of the Industry | Digital Identity, Security & Online Fraud | 05 Jul 2021

Credential stuffing attacks are one of the biggest fraud challenges today, but businesses can stop them by rendering them uneconomical. Kevin Gosschalk, CEO of Arkose Labs, discusses the root cause of credential stuffing and its consequences, while revealing how businesses can outsmart fraudsters by thinking like fraudsters themselves

fraud prevention, Arkose Labs, bot attacks, cybercrime

Fraud in the ecommerce space: trends to watch in 2021

Voice of the Industry | Digital Identity, Security & Online Fraud | 03 Mar 2021

Simona Negru and Ralph A. Rodriguez joined forces to tackle what identity 2021 has in store and what fraud trends we should be aware of

Ralph A. Rodriguez, Simona Negru, fraud detection, ecommerce, identity verification, merchants, online payments

Surge in credential stuffing attacks and Europe as a fraud epicentre, reveals data from Arkose Labs

News | Digital Identity, Security & Online Fraud | 13 Nov 2020

Arkose Labs has released new data-driven analysis of 2020 fraud trends that shows a rise in consumer digital traffic has corresponded with a rise in fraud attacks.

Arkose Labs, research, fraud trends, fraud attacks, digital traffic, retailers, Black Friday, ecommerce, payments

Digital Trust & Safety – how to empower customers and merchants to fight fraud

Interviews | Digital Identity, Security & Online Fraud | 27 Oct 2020

Ahead of the holiday shopping season, Kevin Lee, Trust & Safety Architect at Sift, shares what are the main types of attacks during these festive periods and how to best prepare against them

Sift, digital trust, digital safety, ATO, online fraud, ecommerce, COVID-19, pandemic, cybercriminals, BOPIS, iD, API, Adyen, Braintree, PayPal, Stripe

Goodbye passwords, passwordless authentication is here to stay

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Oct 2020

By 2022, Gartner predicts that 60% of large and global enterprises, along with 90% of mid-size enterprises, will implement passwordless authentication methods in over 50% of use cases, up from 5% in 2018, Srividya Sunderamurthy from Vesta debates.

Srividya Sunderamurthy, Vesta, AML, account takeover, ecommerce, fraud, PII, phishing, credential stuffing, data breaches, merchants, authentication

Account takeover becomes weapon of choice for fraudsters leading up to holiday shopping season

News | Digital Identity, Security & Online Fraud | 01 Oct 2020

Sift has released its Q3 2020 Digital Trust & Safety Index, which examines how cybercriminals have been using ATO fraud to steal from consumers and ecommerce merchants.

Sift, research, Q3 2020 Digital Trust & Safety Index, cybercriminals, account takeover, ATO, fraud, ecommerce, merchants, US, COVID-19, fraudsters, payment information, rewards points, multi-factor authentication, MFA, hack, credential stuffing, chargeback

160,000 Nintendo users impacted in account hack

News | Digital Identity, Security & Online Fraud | 27 Apr 2020

Japanese gaming company Nintendo has confirmed that hackers gained unauthorised access to around 160,000 user accounts since the start of April.

Nintendo, accounts, hacks, Japan, gaming, fraud, payment cards, unauthorised access, passwords, credential stuffing