Fraud

Identity theft strikes anywhere, even on vacation

Posted on Jul 02 2015 by

A recent Experian survey found that while consumers are getting better about protecting their information on a regular basis, many do not take the same precautions when traveling. According to the survey, 1 in 5 consumers has had an item with sensitive information lost or stolen while traveling, and 39% have experienced identity theft while […]

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Authentication through device intelligence

Posted on Apr 23 2015 by

With more than one-third of customers interacting with a single business in five or more channels and more than 85 percent of consumers using online or mobile to conduct business, omnichannel fraud prevention has become a necessity. Implementing a layered approach to authentication and integrating device intelligence into the process to associate a consumer with […]

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Gift cards continue to increase in popularity

Posted on Apr 16 2015 by

Gift cards are the most requested gift item and have been for the last eight years. Merchants love gift cards because they take up very little space and the recipient often ends up spending more than the value of the gift card.

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The diversity of technology complicates customer authentication

Posted on Oct 09 2014 by

According to a recent 41st Parameter® study, 85 percent of consumers use online or mobile channels to conduct business.

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Survey finds consumers expect more from breached organizations

Posted on Aug 22 2014 by

As data breaches continue to attract publicity, consumers are expecting more from impacted organizations.

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Travelers need more than sunscreen to protect themselves

Posted on Jul 25 2014 by

A recent survey reveals that 30 percent of travelers have experienced identity theft while traveling or know someone who has.

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Importance of a data breach response plan

Posted on Jul 10 2014 by

A recent study conducted by the Ponemon Institute found that a data breach is among the top three occurrences that affect brand reputation, along with poor customer service and an environmental incident.

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More companies managing cyber security as a business risk

Posted on Oct 26 2013 by

The growing cost and number of data breaches has spurred more interest in cyber insurance. While companies often increase investments in technology and training programs to reduce the likelihood of a breach, a recent Ponemon Institute survey of risk-management professionals found that 31 percent of companies surveyed have cyber insurance and 39 percent plan to […]

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Fraud prevention is key to improving eligibility verification

Posted on Jul 14 2013 by

A recent survey of government benefit agencies shows an increased need for fraud detection technology to prevent eligibility fraud. Only 26 percent of respondents currently use fraud detection technology, and 57 percent cite false income reporting as the leading cause of fraud. Insufficient resources and difficulty integrating multiple data sources were the greatest challenges in preventing eligibility fraud.

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Study recommends monitoring security and privacy practices of vendors

Posted on Mar 03 2013 by

According to a recent Ponemon Institute study, 65 percent of study participants say their organization has had a data breach in the past two years involving consumer data outsourced to a third party. Most of these are preventable, as employee negligence accounts for 45 percent of data breaches and lost or stolen devices account for 40 percent.

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