A world that nurtures connectivity
Rise of the Machines? Some Merchants Want Less Futuristic Fraud Tools BY BAILEY REUTZEL JUL 25, 2014 -- Machine-learning fraud detection, which self-updates to adapt to fraud trends, is growing in popularity but hasn't rendered hands-on methods obsolete.
Hundreds of online service providers are now in an arms race to replace outdated technology following the database leaks of LexisNexis, Dun & Bradstreet and Kroll Background America. Replacing knowledge-based authentication with a single product is not a viable solution; instead firms need to seek a multi-layered solution Vancouver, BC (PRWEB) September 27, 2013 -- Services ranging from Obamacare to credit checks to online banking all rely on aggregated personal information provided by these sites. The revelation by Krebs On …
The supply of stolen credit card details is at an all time high. Each year the back-to-school season leading up to Labor Day sees a surge in traffic to e-commerce providers; thieves use this period to commit unnoticed fraud online. [quote]The barriers to entry for using stolen credit cards have never been lower[/quote]>