Fraud Prevention

ThreatMetrix Financial Institution Authentication Strategies for Stopping Malware and Compromised IDs

ThreatMetrix Outlines a New Approach in Line with FFIEC’s Joint Statements on Authenticating Customers and Employees The Federal Financial Institutions Examination Council (FFIEC) has released joint statements dealing with stolen identities and malware that, combined, represent a threat not only...

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Cybercrime

Cybercriminals Not Waiting for October EMV Chip Deadline to Increase Attacks on Online Targets

ThreatMetrix Warns Merchants of a Hike in Online Fraud and Banks about an Upsurge in Fraudulent Account Creation Just months away (October 2015), Europay-MasterCard-Visa (EMV) will become the new standard for credit cards in the USA. To criminals, the adoption...

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Fraud Prevention

Why Doing the Right Thing is So Important. How Ignoring Issues Will Cost you Dearly.

This year marks my ninth year in the fraud prevention space. Having been a consultant as well as running fraud departments for various e-commerce businesses, I always wondered why it seemed so difficult for corporations to do the right thing....

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Cybersecurity

Retailer “To Do” List

New Survey of Retailers Has Security and Upgrading Point-of-Sale Payment Systems as Top Priorities Boston Retail Partners, an independent consulting firm, recently surveyed more than 500 retailers. Even a quick glance at the survey’s results suggests that top-of-mind subjects for...

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Data Breach

The Anthem Tipping Point

The Anthem security breach is a tipping point for all businesses and individuals that use the Internet to conduct their day-to-day business. The ramifications of more than 80 million personal identities in the hands of cybercriminals will result in the...

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Cybersecurity

Browser Beware

Ponemon Survey of 645 Information Tech Companies Says Half of All Malware Was the Result of Web Browsers That Weren’t Secure Less than a third of respondents thought major browsers had “effective security tools for blocking web-borne malware.” And, close...

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Fraud Prevention

New ThreatMetrix TrustDefender Mobile App Enhancement Helps Businesses Meet PCI DSS

Extended Mobile App Reputation and Device Analysis Enables Businesses to Meet Latest Payment Card Industry Data Security Standards ThreatMetrix’s latest TrustDefender Mobile release, the mobile software development kit (SDK), helps ThreatMetrix customers identify fraudulent behavior and reduce friction for transactions...

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Data Breach

Feds Drop Curtains on Blackshades

Alex Yucel, Man Behind Software Used to Steal Payment Card Data and Passwords from Thousands Pleads Guilty. Faces up to 10 Years. The 24-year-old Yucel, who co-created and sold Blackshades, pleaded guilty to one count of hacking as part of...

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Cybersecurity

Visa to Enable Use of Tokens

Payment Card Network’s “Visa Checkout” Online Payment Service to Deploy Token Technology Visa is enabling the use of tokens, which are mathematical codes that transform sensitive consumer information such as 16-digit credit card numbers into encrypted codes that are useless...

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Cybersecurity

What Uber Might’ve Done to Prevent Compromising the Personal Info of 50,000 Drivers

Andreas Baumhof, ThreatMetrix’s CTO, Explains How a Holistic Approach to Security Might Well Have Made All the Difference Shoulda, coulda, woulda can’t help the 50,000 past and present Uber drivers whose personal information (names and driver’s license numbers) was compromised...

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