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Don’t be fooled by Coronavirus click-baits

How to stay safe online and avoid online scams during this pandemic As the COVID-19 pandemic is reshaping business and daily life, there is no shortage of people who see this crisis as an opportunity to capitalize on those seeking some answers or comfort online. Cybercriminals are dusting off old tricks and adding the Coronavirus tag to increase their chances of a click, download, or purchase. Who doesn’t want to know the one-and-only trick to prevent the virus? Or the miraculous

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Triangulation fraud: coming to an eCommerce site near you

Both retailers and cardholders are falling prey to triangulation fraud, involving an unscrupulous intermediary of which neither are even aware. With Valentine’s Day now past and Easter excitement building, the National Retail Federation projectsconsumers will spend billions of dollars for gifts, cards, and candy. In fact, consumers spent $40 billion on Easter gifts and festivities in 2019. Some of that money will likely be lost to triangulation fraud.  Consumers shopping for a special spring outfit or Easter gift, but looking for a better deal than major retailers offer, could fall prey to triangulation fraud. This scheme involves three parties: the fraudster, the legitimate cardholder, and the buyer looking for a deal. This scheme doesn’t generally raise any red flags during the

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Inspiring the Next Ada Lovelace

If you were asked who the world’s first computer programmer was, who do you imagine? Would you be surprised to learn that it was a woman?Born in London in 1815, Ada Lovelace was a talented mathematician. She was intrigued by the Analytical Engine invented by Charles Babbage, which many have deemed the first computer ever created. Further inspired by a paper written by the Italian mathematician Luigi Menabrea, she then went on to write an extensive sequence of mathematical operations,

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The CARTA Approach is The New Black in Stopping Online Crime

While enterprises try to determine how to boost their cybersecurity, adding independent security blocks, fraudsters are developing their next steps to stay ahead of detection. CARTA, an approach introduced by Gartner and offered by Mastercard under its Connected Intelligence umbrella, is the proactive approach to keep security tools connected and detect cybercriminals.Protecting your organization against hackers and fraudsters is an arms race, where bad actors react quickly to new security tools. Not only are they effectively bypassing security systems, but

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PSD2 and SCA: Got Questions? We Have Answers

checkout process with PSD2With the issuance of Strong Customer Authentication (SCA) guidelines under PSD2, NuData staff are often approached with questions about the impact of these regulations on the market as a whole.As a leader in this space, we want to make sure our customers have answers to some of the top questions we have received. This is what our experts responded:Is the market ready to implement Strong Customer Authentication (SCA)?The market readiness is closely tied to the needs in the landscape –

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