The Fraud Summit, to be held Oct. 22, will provide timely insights on top trends and strategies for mitigating risk. A keynote address will offer a close look at Chase Bank's anti-fraud strategies.
Version 3.0 of the Payment Card Industry Data Security Standard, to be released later this year, will include a focus on the standardization of compliance assessments, says Bob Russo of the PCI Security Standards Council.
Two more guilty pleas in a $200 million card fraud scheme highlight why banks need to ensure their identification verification policies are consistently applied and that customers are continually vetted and profiled.
International markets that have implemented EMV technology are seeing reductions in card fraud, but non-EMV markets are seeing dramatic upticks, says U.K.-based card fraud expert Neira Jones.
Account takeover fraud is growing globally, and it's not just banks that are suffering, says analyst Julie Conroy. Here, Conroy explains why fraudsters continually have the upper hand.
In light of recent retail breaches, courts are likely to start holding retailers more accountable than they have in the past for financial losses that result from fraud, predicts analyst Al Pascual of Javelin.
A malware attack that exploited a point-of-sale vulnerability of a select group of Kentucky and Southern Indiana retailers has now been linked to attacks against Schnuck Markets Inc. and four other merchants.
Gartner analyst Avivah Litan says fraudsters are using DDoS attacks as a distraction for a new, extremely effective account takeover scheme. How should institutions respond to this emerging threat?
Account takeover techniques are getting more sophisticated; new "account checkers" are helping hackers automate their processes. The trend is just one more reason why we need advanced forms of authentication.
Banking institutions have done a poor job of educating consumers about payments fraud prevention, says Aite analyst Shirley Inscoe. "Banks need to figure out how to communicate with consumers in a way consumers understand."
Version 3.0 of the PCI Data Security Standard is coming, and draft guidelines reflect the impact of recent retail breaches. PCI GM Bob Russo explains big changes to ensuring payment card security.
How relevant is customer education? Readers weigh in with thoughtful responses to two recent guest blogs that tackle the question from two perspectives: the education proponent and the critic.
Breaches are expensive, embarrassing and entice additional scrutiny from regulators and consumers alike. By taking eight key steps, you can protect private information and lessen the impact of breaches when they occur.
A U.S. district court shot down the Fed's plan for a 1-cent per-transaction incentive for investments in debit fraud prevention. How might that ruling impact U.S. efforts to improve payment card security?
A fourth defendant has pleaded guilty to charges linked to one of the largest credit-card fraud cases in U.S. history. The case offers important fraud-prevention lessons for banks, one expert says.
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