Tag: Business fraud

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Views on Consumer Reactions

to Data Breaches...

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...

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to Data Breaches

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

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 won’t protect...

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Cybercriminals Aim For A New Target...

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...

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Congress fails to reach agreement on cybersecurity leg...

  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...

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Protecting your business from gift card fraud...

Gift cards are a growing market for businesses and should be treated as valuable sales currency, with the same risks of consumer fraud and internal misconduct that are posed by credit cards. Developing robust safeguards , proper auditing and early detection and reporting of abuse are critical to protecting...

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

The point of sale chip and PIN payment technology is believed to be a safer form of payment than the common magnetic striped credit card. The new technology uses a card with an embedded microchip that requires the consumer to enter a unique PIN through a reader to make...

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Protecting your retail business from consumer fraud...

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...

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Protecting your business from identity theft...

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...

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