Views on Consumer Reactions

to Data Breaches...

Business fraud

Jun 09 2014 by
Q&A with Experian® Data Breach Resolution Vice President, Michael Bruemmer. The Ponemon Institute recently released a survey report—‘‘The Aftermath of a Mega Data Breach: Consumer Sentiment’’—sponsored by Experian Data Breach Resolution. Bloomberg BNA Privacy & Security Law Report Senior Legal Editor Donald G. Aplin posed a series of questions on the findings in the Ponemon report to Michael...

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Must-Dos to Improve Your Business’ Cyber Security...

Business fraud

Jan 14 2014 by
Normal 0 false false false EN-US X-NONE X-NONE As the year begins to ramp up, small business owners juggle a host of operational and financial objectives. Resolving to improve cyber security should be paramount among them. Cyber security risks continue to grow across all industries, regardless of an organization’s size. Data shows that being small...

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Cybercriminals Aim For A New Target...

Business fraud

Mar 19 2013 by
Bank employees have recently usurped their customers as the preferred target of cybercriminals in the financial industry according to the FBI and other finance member organizations who last month issued fraud alert warnings to banking institutions.  The latest data breach trend by cyberthieves is to use hacking methods such as spam, phishing, keyloggers and remote-access Trojans to intercept bank employees’ login...

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Congress fails to reach agreement on cybersecurity legislati...

Business fraud

Sep 05 2012 by
  Our guest blogger this week is Zachary Smith, a legislative analyst for the Experian Government Affairs team. Despite being a top priority for the Administration and leadership in Congress for much of the past year, the Senate failed to reach agreement on a comprehensive cybersecurity bill before adjourning for August recess. After several revisions, the Senate began debate on the Cybersecurity Act of 2012...

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Protecting your business from gift card fraud...

Business fraud

Mar 22 2011 by
The holidays may be over, but scams targeting holiday gift cards purchased by consumers are an unwanted gift that keeps on giving.  The National Retail Federation estimates that gift cards are a $50 billion annual market, so it’s little surprise that fraudsters search for creative ways to grab a piece of the action throughout the year.  These thefts leave retailers in the difficult position of either...

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Understanding the risks of chip and PIN credit card verifica...

Business fraud

Feb 07 2011 by
I mentioned in a previous blog that the  use of stolen credit cards to purchase merchandise is one of the most common forms of fraud.  The negative affects are not only realized by the business, but also impact the consumer whose card was stolen.  The national debate about how best to fight credit card fraud is expected to heat up in 2011 with the introduction of point of sale chip and PIN technology. The point of sale...

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Protecting your retail business from consumer fraud...

Business fraud

Jan 25 2011 by
The Holiday Season is one of the busiest times of year for consumer-facing businesses.  While Holiday sales can help improve a bottom line, the increased consumer activity also brings many headaches. One of the biggest headaches is falling victim to fraud schemes from wily consumers hoping to take advantage of business who do not have policies or controls in place.  Unfortunately many businesses don’t realize that they...

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Protecting your business from identity theft...

Business fraud

Dec 07 2010 by
A majority of the media attention has focused on the sharp increase of personal identity theft or on the loss of customer data by businesses.  Very little focus has been given to the damage done by fraudsters who craftily steal the identity of a business.  The difference between personal and business identity theft is quite simple.  The victim of the fraudulent act is a company instead of an individual. However, the damage...

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The goal of this blog is to raise awareness about data breaches and data breach resolution considerations, issues and challenges.

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