News
Intro to Synthetic ID's From a Former FBI Fraud Fighter
Basics & Background In layman’s terms, a synthetic ID is created when a fraudster takes a real or fake social security number (SSN), builds a completely false persona around it (including credit tradelines, ID cards, the works), and uses the fake persona to obtain credit and cash, then disappears… leaving the financial...
DataVisor CEO Yinglian Xie on the Democratization of Online Fraud Prevention
Yinglian Xie co-founded DataVisor in 2013 after establishing a reputation as a highly regarded researcher, author, and conference contributor. Yinglian has over 10 years of experience in security, specializing in fighting large-scale attacks with AI and Big Data technologies. Recently, she spoke with About-Fraud about her vision for an internet where more...
Sift CEO & Co-Founder Jason Tan on the Current State of the Internet
Jason Tan co-founded Sift in 2011 after a career in software engineering at various Seattle startups. As the company’s CEO, he draws on a deep sense of optimism to spur himself and his team to be better. Recently, Jason spoke with About-Fraud about the state of trust, safety, risk and fraud on...
How to protect yourself from deceptive marketing practices
Confidence tricks are as old as commerce. So are confidence tricksters, also known as con artists or scammers. They manipulate individual psychology to induce victims into a bargain disadvantageous to themselves. However, con artists also manipulate institutional psychology, specifically the weaknesses in acquirer underwriting and risk management policies and procedures, to secure...
Brett Johnson on the Cybercriminal Mindset
In the world of online fraud prevention, Brett Johnson sits in a category all his own. With support from his wife, sister, Karisse Hendrick, and the FBI, Mr. Johnson has synthesized a career that would have been unimaginable from inside of a 7.5-year prison sentence. Today, the man is still running; not...
The Evolving Landscape of CNP Fraud
DJ Murphy is the editor-in-chief and co-founder of CardNotPresent.com, which he co-founded with CEO Steve Casco in 2011. Murphy’s involvement in the world of card-not-present began in 2008 when he worked at Paybefore a trade publication for the prepaid card industry. About-fraud recently spoke with Murphy ahead of its annual CNP Expo...
Ad Fraud: The Silent Revenue Killer
Fraud is a well-known threat to every online company. Because of that, nearly every company has some solution for handling transaction fraud, reducing chargebacks, and verifying customers. The biggest reason for this is because companies can see the effects of transaction fraud immediately and easily recognize the drain on their revenue. Ad...
The People's Champ: Fraud Fighting with Karisse Hendrick
Karisse Hendrick is well known in fraud prevention circles. From "The Online FraudCast" to the CNP Expo to her personal consulting business, she has had a significant impact on the fraud fighting ecosystem. In addition to her depth of knowledge, she is refreshingly humble and kind, something you don't always find with...
Building FACT to Help Airlines Fight Fraud
The growth of online payments in the last two decades means that a vast amount of financial information, particularly payment card data, is stored on the Internet. Hackers can break into databases, download the payment card information and then sell it to buyers on the dark web. This stolen card data is...
SIM Swap Fraud: Don’t Be Its Next Victim
For many victims of SIM swap fraud, the first time they learn about the attack is in the hours after their life has been changed forever. It’s an all too common story, the signal bars disappear from your mobile phone, you call the phone number – it rings, but it’s not your...