Tag: Fraud Detection Tools

The increasing focus on moving customer interactions to digital channels means that strong cybersecurity discipline is more important than ever, as it provides a target for cybercriminals to attack. The threat landscape continues to evolve, criminals are looking to repurpose attacks used against banks to target new institutions such as insurers, e-retailers and the healthcare …

Most e-commerce stores provide customers with accounts that store personal information, financial data and purchase history. Perpetrators often hack into these accounts through phishing schemes. In one of the most common tactics, fraudsters send emails to trick customers into revealing usernames and passwords. They then log into your customers’ accounts, change the passwords and make …

Payment fraud is any type of false or illegal transactions completed by a cybercriminal. The perpetrator deprives the victim of funds, personal property, interest or sensitive information via the Internet. For quite some time, fraudsters’ preferred method has been stealing physical payment cards and making purchases with them. This still happens, however, e-Commerce fraud is …