- According to Forbes, in addition to contactless or credit card payments being encouraged, many outlets have created online ordering systems to facilitate takeout meals.
- Mobile order ahead systems are often the target of card testing, and although may start with a small fraudulent purchase, it can lead to big losses.
- Learn more about how AI-driven fraud prevention can identify and stop card testing.
- New technology from Amazon’s Just Walk Out enables shoppers to walk out of a store with their goods without waiting in lines, going to a cashier, or interacting with store employees if they don’t want to.
- This technology could change shopping and provide store owners with more customer data to personalize the customer experience.
- Personalized customer experiences are not just for in-person shopping anymore. Data from online purchases can be used to improve customer journey, and allow for cross-sell and upsell opportunities. Learn more about Data on Demand.
- Grifters running a Facebook account for a “labour” department tried to obtain workers’ personal and confidential information, such as Social Security or unemployment claim numbers, a department spokesperson said Monday.
- It’s important to monitor your credit history in order to detect any suspicious activity or changes. Learn more about credit monitoring and identity theft protection.
- The European Union’s law enforcement agency reported an increase in cases of fraudulent Covid-19 test certificates being sold to travelers. It comes as an increasing number of countries in the EU and beyond ask travelers to present a negative coronavirus test in order to be allowed entry, when traveling from a high-risk area.
- Fake documents are just one of the many scams that have popped up as a result of the Covid-19 pandemic. Learn more about other popular scams that have come to light in recent months, and how AI can play a huge role in stopping them.
- ValidCC, a dark web bazaar run by a cybercrime group that for more than six years hacked online merchants and sold stolen payment card data, abruptly closed up shop last week. The proprietors of the popular store said their servers were seized as part of a coordinated law enforcement operation designed to disconnect and confiscate its infrastructure.
- It’s only a matter of time before another underground card selling site returns in its place.
- Businesses can’t let guard down. They need to be prepared at all times for the event of fraud. Protect your business with a fraud prevention solution, like Kount’s that blocks against the use of stolen credentials.
- Once records are stolen, cybercriminals often tap into members of a criminal network on the dark web experienced in drug trafficking and money laundering who are eager to buy medical records to support their criminal activities, such stealing the patient’s identity to open credit cards and fraudulent loans.
- Businesses need to protect against the use of stolen information. Learn how an email address can help determine identity trust and prevent fraud.
February 8, 2021
Weekly news digest