A new study reveals there is a lot retailers can do to boost future revenue by more effectively managing online purchase returns and fraud detection processes.
Fraudsters’ methods continually evolve to counter new fraud protection measures and with personally identifiable information, they could steal a customer’s identity or create a synthetic identity. Once a fraudster captures this information, if they are able to access a customer account or open an account, it creates a nightmare scenario with significant repercussions for the business and the customer.
A few years ago, most people would have scoffed at the thought of ecommerce becoming a necessity for retail success. Now, we know that it’s very much required for many retailers to survive.
The world is getting smaller, and corruption is no longer contained in a single location. It transcends boundaries, impacting people and businesses at multiple global touchpoints.
This digital forensics tool enables investigators and security professionals tasked with handling risk management and fraud detection to gather evidence in the field more easily.
Security researcher Brian Krebs has uncovered the involvement of credit bureau Experian in an ID theft operation, according to ZDNet. Experian became involved through their March 2012 acquisition of Court Ventures.
One financial analyst stole nearly $3.4 million from payments due to Medicaid, and the healthcare system only discovered the discrepancies after the worker's death last year.
A massive scheme among insurance agents, claims adjusters, brokers and farmers to defraud the federal crop insurance program has been uncovered by Federal investigators.
