PYMTS | June 14, 2021 – Fraud hasn’t only increased in amount, but it has gotten smarter, more sophisticated and harder to spot.
Businesses should also get more sophisticated. They need to take a broader look at their transactions to learn how to spot this new, emerging face of fraud.
“A human-driven attack isn’t as obvious as a basic large-scale attack,” says Dave Senci, Vice President of Product Development at NuData Security. “It’s a low and slow attack that is very difficult to identify because it’s leveraging genuine human behavior to look more real. It’s more expensive for fraudsters to perform these attacks, but it’s worth the value.”
For the complete interview, visit Merchants Get Real To Stop Fake Human Fraud Attacks.