Did you know that about 75% of all credit card fraud losses in the U.S. come from fraudsters using stolen card information, even if the physical card itself is not stolen? You can protect yourself by: - Never give out card info or personal details via phone, text or email. - Regularly monitoring your account for unauthorized transactions. - Immediately report any suspicious activity to your card company.
Desert Financial Credit Union’s Post
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The types of data that may have been accessed by the unauthorized part include: 1. Full name 2. Physical address 3. Credit card number 4. Payment card expiration date Though the exposed information is not enough to allow cybercriminals to perform fraudulent transactions, since the card verification number (CVV) is missing, a risk of credit card fraud still exists. Slim CD says it has taken measures to strengthen its security to prevent similar incidents in the future. At the same time, it advises the notice recipients to remain vigilant for signs of fraud and identity fraud attempts and report suspicious activity to the card issuer as soon as possible. https://lnkd.in/gdw9vsJp
Payment gateway data breach affects 1.7 million credit card owners
bleepingcomputer.com
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The types of data that may have been accessed by the unauthorized part include: Full name Physical address Credit card number Payment card expiration date Though the exposed information is not enough to allow cybercriminals to perform fraudulent transactions, since the card verification number (CVV) is missing, a risk of credit card fraud still exists. #dataleak
Payment gateway data breach affects 1.7 million credit card owners
bleepingcomputer.com
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Don't fight #fraud alone! I had great time talking with Karen Webster, PYMNTS, and Johannes Wiklund, Jotform, about what it’s like to be a small business fighting fraud. Spoiler: better to not fight it alone. You can hear more about the challenges facing SMBs and how Visa is helping them curb fraudulent activity on PYMNTS. The episode is the latest for Visa’s SMB TV series helping small business owners navigate all aspects of payments acceptance, including fraud prevention. Please check it out and share your thoughts: https://lnkd.in/e5vmWCB7
Small Businesses Confront Card Fraud Vulnerabilities
https://www.pymnts.com
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While consumers listed identity theft as their top concern when conducting activities online, they're still interacting, opening new accounts, and transacting digitally.4 Coupled with the rise of account takeover fraud and associated losses, it's more crucial than ever for organizations to accurately detect and prevent these attacks
What is Email Account Takeover Fraud?
experian.com
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While consumers listed identity theft as their top concern when conducting activities online, they're still interacting, opening new accounts, and transacting digitally.4 Coupled with the rise of account takeover fraud and associated losses, it's more crucial than ever for organizations to accurately detect and prevent these attacks
What is Email Account Takeover Fraud?
experian.com
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Veriff Identity Fraud Index: Company's Fraud Record Impacts Consumers' Purchase Decisions "The internet has transformed how we conduct our daily lives, for personal and work activities, but it has also rapidly expanded our threat surfaces," said David Divitt, Senior Director of Fraud Prevention and Experience, Veriff. "Consumers understand the dangers of online fraud, and it is up to organizations to combine robust security with accessibility and convenience to combat these threats. Companies that offer more multifaceted fraud prevention measures will have a key competitive advantage when it comes to attracting and retaining customers." https://lnkd.in/eXViNyej #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews
Veriff Identity Fraud Index: Company's Fraud Record Impacts Consumers' Purchase Decisions
ffnews.com
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Simply verifying the information on a government-issued ID is no longer enough. Fraud is rising, and fake IDs are getting harder to spot. Here are 5 things your identity verification solution should be doing for your business to protect you and your customers. https://okt.to/jBYfHo #fraudprevention #identitytheft
Why Different is Better: 5 Reasons Customers Choose Intellicheck to Prevent Identity-based Fraud | Intellicheck
intellicheck.com
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In today's digital age, businesses rely heavily on merchant processing services to facilitate smooth transactions with customers. However, amidst the convenience and efficiency these services offer, lurks the threat of scams and fraudulent practices. From hidden fees to identity theft schemes, the world of merchant processing is fraught with risks. In this blog, we talk about 5 of the most common types of merchant processing scams and provide actionable tips on how to steer clear of them. https://loom.ly/Mw6pOU0
Protecting Your Business - PayLoPro
paylopro.com
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While consumers listed identity theft as their top concern when conducting activities online, they're still interacting, opening new accounts, and transacting digitally.4 Coupled with the rise of account takeover fraud and associated losses, it's more crucial than ever for organizations to accurately detect and prevent these attacks
What is Email Account Takeover Fraud?
experian.com
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-
While consumers listed identity theft as their top concern when conducting activities online, they're still interacting, opening new accounts, and transacting digitally.4 Coupled with the rise of account takeover fraud and associated losses, it's more crucial than ever for organizations to accurately detect and prevent these attacks
What is Email Account Takeover Fraud?
experian.com
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