News

News

SC Magazine: CNP and ATF fraud grew at alarming rates in Q1 and Q2 2015

November 20, 2015 -- CNP and ATF fraud grew at alarming rates in Q1 and Q2 2015 Card-not-present (CNP) fraud, including online and mobile attacks, has grown by 20 percent from Q1 to Q2 2015 and during the same time, incidences of account takeover (ATO) fraud increased 280 percent. Representing more than 50 percent of total claims, counterfeit card fraud is still the biggest concern for those that issue debit cards. According to the Debit Fraud Benchmark Study from Auriemma Consulting

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The Social Media Monthly: Account Takeover Fraud on Debit Cards Surge

November 20, 2015 -- Account Takeover Fraud on Debit Cards Surge Ryan Wilk, NuData Security VP of Customer Success, discusses how as Ecommerce merchants work to build a full service ecosystem within their web properties, the risk of valuable personal and financial information being stolen out of these accounts is on the rise. A major trend that we have been seeing is the massive surge in fraudulent account creation.  Just since February of this year we have observed a 100% increase

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PaymentsSource: E-Gaming Fraudsters Need to Be Caught Before the Game Starts

November 18, 2015 -- E-Gaming Fraudsters Need to Be Caught Before the Game Starts Ryan Wilk, NuData Security VP of Customer Success, discusses the perils of online gaming fraud and why it is important that fraudsters are caught before they even begin gambling. Business is booming for the online gaming industry, to the tune of billions of dollars worldwide each year. However, it has a distinction among online businesses: its income stream is not predictable. An online retailer may be able to project

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Casino Scam Report: Using Behavioral Analytics to Defeat Online Gaming Fraudsters

November 13, 2015 --Using Behavioral Analytics to Defeat Online Gaming FraudstersRyan Wilk, NuData Security VP of Customer Success, discusses how UBA defeats fraud in online gaming. What Are You Analyzing?Online gaming sites typically analyze a game as it is played – looking at a snapshot, as it were. But there is another security layer that should be added, one that observes the players before the game starts and even across the lifetime of the player. Building complex models of behavior

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FindBiometrics: Money20/20: NuData Showcases Improved Behavioral Biometrics Platform

October 28, 2015 -- Money20/20: NuData Showcases Improved Behavioral Biometrics Platform The Money20/20 conference in Las Vegas is well underway, and NuData Security is there showcasing its NuDetect behavioral biometrics and analytics solution. NuDetect scans online activity related to clients’ websites for signs of potential fraud by analyzing a variety of metrics involving the unique, subconscious patterns associated with repetitive tasks like typing, scrolling, and so on; it also looks at more overt data such as IP and email addresses. In this

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