Latest White Papers
“No.” It’s a tough word to hear. Especially for online consumers. They searched for an item, found exactly what they wanted on your site, entered their card number, and then? Denied. Their credit is good and they’ve always paid their bills on time. Confusion gives way to frustration and perhaps even anger. Why? You’ve unjustly accused them of stealing—you’ve insulted them. Get our latest white paper to learn how to better manage your insult rate and stop losing customers for life.
There are faceless armies of robots arrayed against you. They are legion, they are tireless and, if they overwhelm your defenses, they can be lethal—to your business. And, while account takeover (ATO) fraud used to concern mainly bankers and insurance companies, the range of online accounts being illegally accessed and monetized is exploding with over 72% growth in ATO fraud losses from 2018 to 2019—and it's only getting worse. Get our latest white paper, Bot and ATO Attacks: How They're Related and What You Can Do to avoid becoming another victim.
While digital gift cards are popular and lucrative for retailers, many merchants are losing millions every year to digital gift card scams. In fact, fraud attack rates on digital gift cards range between 17% and 28% depending on the merchant vertical. Get our latest white paper, Gift Cards: The Threats and Opportunities of Digital Delivery to avoid becoming another victim.
The United States Secret Service called him “The Original Internet Godfather.” Why? Thirty-nine felonies, a place on the United States Most Wanted List, one prison escape and the masterminding of the first cybercrime community, ShadowCrew—the precursor to today’s darknet markets. Brett Johnson laid the foundation for the way modern cybercrime groups operate to this day; identity theft, forgery, computer crime, tax return identity theft, credit card fraud, account takeover, money laundering, fake IDs, phishing are the most common crimes. Mitek recently partnered with Johnson for his insider’s take on fraud.
The Winding Road Toward IoT Commerce: Considering the Opportunities and Risks of Selling Through Connected Devices
The Internet of Things (IoT) consists of billions of connected devices—a number that will quickly accelerate—enabling rich, frictionless shopping experiences. But, while plenty of innovators are thinking about, and working on how to deliver those experiences, experts say relatively few are thinking about the associated risks. Get our white paper to learn what IoT commerce will do to data creation and storage requirements, how bots and botnets can turn our devices against us, which vulnerabilities specifically affect digital goods sellers and what this all means to merchants.
Bots are able to test hundreds of millions of username/password combinations stolen in data breaches across the Internet at scale, yielding a significant number of valid login credentials fraudsters can then use to take over accounts, becoming the most dangerous
The number and variety of online accounts that contain
False positives are a bogeyman that fraud professionals
Online fraud is exploding and, at the moment, account takeover (ATO) is a major culprit. Hackers are stealing username/password combos in droves—information that consumers are using multiple times, compromising their own identities and giving fraudsters the tools they need to operate under the guise of a trusted customer. Get our white paper to learn how to detect and prevent ATO fraud by fraudsters who utilize stolen
Most fraud teams begin with one person responding to customers who are calling because they saw an unfamiliar charge on their credit card bill. Or, maybe a company is experiencing chargebacks for the first time and one person is tasked to learn about the issue. In any event, for small merchants, the process is intensely manual. As a company grows, it may add a person or two, but merchants can gain substantial size without significantly altering the way they fight fraud. This can result in a personal cost for the employees. Get this white paper to learn how to manage growth and fraud prevention in an 'always on' environment.
Understand the e-gift card landscape: Get this white paper to understand actionable recommendations that will mitigate your risk in a channel where fraud is taking an increasingly significant bite out of revenue, examine the full scope of gift card fraud and learn how to identify and prevent fraud schemes affecting open-loop, closed-loop and e-gift cards while maintaining a healthy sales flow.
As veritable oceans of stolen usernames and passwords become available for sale and mobile develops into the preferred method of accessing the Internet, e-commerce businesses large and small are reporting significant increases in a new method of attack. Account takeover and account creation fraud are on the rise. Get this white paper to better understand account takeover fraud and the options available to protect yourself and your customers from this new scourge.
How a merchant chooses to present itself to consumers through its Website in another country will contribute mightily to the success that merchant enjoys in that part of the world. Another factor that varies, naturally, from region to region around the world is currency. Offering products and services in a currency a consumer is comfortable with is vital, but comes with pitfalls. Get this white paper to understand how to manage multiple conversion options to optimize cross-border e-commerce.
Today, customers expect their digital experience to be faster, more convenient and more secure than ever before. This is becoming even more evident in the financial services industry. Get our white paper to learn the 5 key considerations to align your payment security to your digital business strategy and help build a secure e-commerce strategy centered on customer value, while also facilitating a broader digital business transformation plan focused on competitive advantage.