Items tagged with 'fraud'
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Banks to pin the blame on the customers
If your business isn’t up to date with the latest anti-fraud, anti-virus, anti-anything software then you could be liable for any electronic fraud.
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IAB brings main search engines together to combat click fraud
While click fraud is widely suspected and notoriously difficult and expensive to detect and eliminate, the key issue is one of confidence: are advertisers still happy to commit budgets to PPC? The IAB and MRC, along with the Googles, Yahoos, Asks of the world have agreed a new standard. Yippee. -
[Editorial] Internet accounts for 46% of card fraud
Fraudulent use of bank cards in internet, phone and mail order transactions between January and June rose by 5% over the same period of 2005, according to payments association APACS. The actual losses from these cardholder not present transactions stood at £95.3m and are seen as only small increase when compared to the growth in the number of transactions performed online. APACS says that 26.4 million people now shop online with an estimated 372 million transactions undertaken in 2005. -
Investment in fraud prevention pays off for internet retailers
UK online retail fraud remains low and, for many retailers, is now beginning to fall, according to the third annual CyberSource UK Online Fraud Report. -
Internet card fraud falls as online shopping rockets
Bank card fraud did not increase at the same level as online sales this Christmas, according to internet fraud-prevention specialists Early Warning. -
Brand reputation offers security
Online shoppers are becoming more aware of online fraud and 40% are checking that they are on a secure site before entering credit card details and personal information. However, nearly a third (28%) of respondents to a survey by usability consultancy Webcredible said that dealing with the website of a reputable brand provided the most reassurance when buying online. -
Identity fraud and card crime raise concerns in retail
Retail fraud managers have expressed concern about the effectiveness and clarity of national identity fraud reporting procedures. -
Financial services deploy against online fraudsters
While card fraud has been dropping in most situations where payment cards are used online, the banks and building societies have seen fraud increase in recent years. Barclays Bank and Nationwide Building Society have introduced measures to combat the fraudsters. -
Online fraud is a question of benefits v risks
UK consumers are not as risk-averse when it comes to using online services as previously thought, according to recent research conducted by BT. Despite daily warnings about security threats and cyber-criminals, people are willing to take risks online, as long as they feel informed, and it is clear how consequences will be addressed. -
RBS adds data sharing to fraud management package
The Royal Bank of Scotland is offering the Ethoca data-sharing service as part of its expanding range of customer-not-present fraud management tools for retailers. The service, which gauges the fraud-risk associated with any given transaction, will be made available to customers of RiskGuardian, RBS' specialist risk management solution. -
Information Commissioner rules on privacy breaches
The Information Commissioner is calling on UK chief executives to take the security of employees' and customers' personal information more seriously. His call follows a number of unacceptable security breaches over the last year, involving leading names such as Orange, several high street banks and Littlewoods Home Shopping. -
192 calls for national fraud alert system
Over 70% of internet retailers are failing to report fraud losses or fraud attempts, allowing Card-Not-Present (CNP) fraud to continue to rise, according to a survey conducted by 192.com Business Services. -
888 joins Ethoca fraud data sharing service
Online gaming company 888 Holdings has joined the Ethoca data sharing service. The service connects 888 to a collective pool of data on fraud and unwanted card not present transactions provided by Ethoca customers. -
London SE18 card fraud capital of Europe?
Internet card crime has increased by around 22% in the past year with London remaining the internet fraud capital of Britain, according to research by Early Warning. -
Yacoubian comment
Depending on who you believe, online card fraud in 2007 was somewhere between £300 and £500 million, whatever the figure, it’s too high, but there’s precious little happening about getting to the root cause of the fraud.
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Fraud prevention
Depending on who you believe, online card fraud in 2007 was somewhere between £300 and £500 million, whatever the figure, it’s too high, but there’s precious little happening about getting to the root cause of the fraud.
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Comment - Getting tough on fraud
Depending on who you believe, online card fraud in 2007 was somewhere between £300 and £500 million, whatever the figure, it’s too high, but there’s precious little happening about getting to the root cause of the fraud.