Mastercard is looking to grab market share in the fast-growing world of eSports

  • Business Insider reports Mastercard is hoping that by partnering with League of Legends — the massively popular online multiplayer video game — it can become the go-to payments brand for those consumers.
  • Mastercard is also leaning on its existing payments tech to make in-game micropayments as seamless as possible by integrating click-to-pay. The in-game, one-click checkout methods means players wouldn’t have to pause and enter payment details to recharge their in-game wallets.
  • One-click checkout requires near instantaneous approvals, which bad actors often target. See how the power of Kount’s data and access to the largest data network of trust and fraud-related signals can drive quick and accurate trust decisions and prevent fraud.

Actor John Krasinski's face used on fake ID for unemployment fraud

  • The phony driver’s license was part of an attempt to illegally receive unemployment services. However, the face swap was quickly flagged, and the resident’s efforts were denied.
  • Fraudsters often try tactics like these with online purchases, which is why it’s key that businesses verify a person’s digital identity using a global network of trust and fraud signals to make quick and accurate trust decisions.

6 ways to combat online fraudsters

  • According to Equifax, the internet has made it convenient for consumers to access countless goods, but services and technology also made it easier for bad actors to commit fraud.
  • But with the right fraud prevention solutions, it’s possible to curb some of those delinquent behaviors.

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Swiss police raid after hack on U.S. security-camera company

  • According to the Washington Post, Swiss authorities confirmed a police raid at the home of a Swiss software engineer who took credit for helping break into a U.S. security-camera company’s online networks. The activist hacker cited the attack was, in part, motivated by an effort to raise awareness about the dangers of mass surveillance.
  • The “hacktivists” say they were able to view live camera feeds and peer into hospitals, schools, factories, jails, and corporate offices after gaining access to the systems of a California security-camera startup.
  • Many unsuspecting items, including printers, refrigerators, or even outlets can be hacked. Listen to Kount’s Josh Johnston explain why protecting against hackers on these devices is imperative in cybersecurity.
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