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News

How Mastercard company NuData validates online merchants

March 18, 2019 -- With the constant flow of customers coming into stores and checking out at merchant websites, how do merchants know that a customer is legit or fraudulent? In the world of e-commerce, credit card issuers are taking steps on behalf of merchants to validate shoppers' payment credentials amid threats of fraud and identity theft. According to Don Duncan: [quote]"Retailers, merchants, and issuers, they're all challenged with how to identify whether it's a real user logging in or

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Mastercard fraud fighting technologies: NuData saved retailers millions

Feb 7, 2019 -- Over the 2018 holiday period, NuData helped retailers identify over one billion suspicious digital activities. During the festive period last year, cyber crime was rife and online shoppers faced a myriad of scams such as spam emails and fake websites. It was an incredibly stressful time for merchants trying to protect their customers financial information. Here's what Ryan Wilk had to say about the increase in cybercrime during festival season. [quote]“Amidst all the shopping frenzy, retailers

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Mega Leak Of 2.2 Billion Records

Feb 1, 2019 -- Ryan Wilk comments on a latest breach where hackers are passing around a vast database of 2.2 billion unique names and passwords skimmed from some of the biggest data breaches like Dropbox and LinkedIn. [quote] "This latest dump of names and passwords reveals the enormity of the exposure of personal information worldwide and how cheap or free personal information has become as hackers try to race to squeeze the last value out of it. New technologies

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Mastercard to leverage NuData behavior analysis for untapped African payments market

January 17, 2019 -- Nearly 95 percent of transactions in Africa are made in cash, and Mastercard General Counsel Tim Murphy said on a recent visit to Nairobi, Kenya, that security enhancements provided by NuData’s flagship product NuDetect improve the company’s ability to prevent payment fraud in the largely untapped market. [quote]The use of behavioral analytics is a whole new game changer in the way payments fraud can be detected and deterred and since the security of customers is the ultimate

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New unCaptcha Automated System Bypasses Google reCAPTCHA Once Again

January 4, 2019 --Ryan Wilk comments on the news that the unCaptcha automated system bypassed Google’s reCAPTCHA challenges, despite major updates to the security service.[quote]Captcha in and of itself is only one piece of the authentication puzzle. If captcha is the only security layer, once the puzzle is broken, then the bad actor has won. To effectively solve the issue of automation attacks without creating a challenging customer experience, companies will need to implement a passive layered security solution, using

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