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Blog Against Fraud

6 Market Segments That Can’t Live Without Mobile Commerce

Posted on Tuesday, August 22, 2017

When we asked over 800 merchants in the Mobile Payments & Fraud: 2017 Report about the mobile channel, we got some expected and unexpected answers.

As you might expect, the majority of merchants in the Mobile Payments & Fraud: 2017 Report said that the mobile channel was “Very Important” or “Somewhat Important” to their total revenue. But six merchant segments flat out confessed that they couldn’t live without mobile commerce.

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Topics: mobile commerce, mobile channel

A Monster Named “TC-40”

Posted on Monday, August 21, 2017

Online businesses with small average ticket totals may be unaware of a monstrous—but mostly unknown—fraud problem until it is too late. Potential victims include:

    • Online game or gaming sites
    • Quick-service restaurants (QSR’s)
    • Music and entertainment sellers
    • Digital goods merchants
    • Nonprofits

Worst of all, this issue could lead to significant fines or even customers being unable to purchase on your website.

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Topics: fraud prevention, tc-40

Spoiler Alert: When Cyber Criminals Hit Hollywood

Posted on Wednesday, August 16, 2017

Game of Thrones is lighting the Internet abuzz – not only for the culmination of its action-packed seventh season, but also for being the latest franchise to fall victim to hackers. Hackers craftier than Cersei Lannister gained access to countless unreleased shows, scripts, and yes…even emails. As we’ve said before, fraud knows no boundaries, and your favorite television series (and movies) are no exception. Stay glued to the screen as we take a closer look at what’s currently happening at HBO and reflect on some of the biggest Hollywood hits that fell victim to cyberattacks.

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Topics: cyber attack, cyber criminals, game of thrones

Nearly Half of Merchants Still Don’t Offer Dedicated Mobile Websites

Posted on Tuesday, August 15, 2017

You have heard it before and you will hear it again: mobile is on fire.* However, note the asterisk attached to that statement (which we will address shortly).

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Topics: online fraud, mobile, mobile website

Merchants: “Mobile Fraud Is Growing. Meh.”

Posted on Monday, August 14, 2017

Experts predict that mobile commerce will double in the next couple of years, reaching $250 billion by 2020. And as mobile commerce grows, so does fraud in the mobile channel.

In fact, in the Mobile Payments & Fraud: 2017 Report, nearly 40% of merchants reported that mobile channel fraud increased between 2016 and 2017. That’s a 59% increase over the previous year, when only 23% of merchants said mobile fraud increased.

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Topics: mobile fraud, online merchants

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