Posts Tagged ‘ Business fraud ’

Cybercriminals Aim For A New Target

Tweet 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 [...][ READ MORE ]

Congress fails to reach agreement on cybersecurity legislation

Tweet   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 [...][ READ MORE ]

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 a program that is popular with customers and profitable to retailers.[ READ MORE ]

Understanding the risks of chip and PIN credit card verification

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 payment. So why aren’t more businesses adopting this technology? [ READ MORE ]

Protecting your retail business from consumer fraud

Tweet 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 [...][ READ MORE ]

Protecting your business from identity theft

Tweet 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 [...][ READ MORE ]