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E-commerce fraud is a growing concern in the online retailer
From address verification to SSN verification, you may get
Unlike banks and financial institutions, online retailers
The increase in e-commerce breaches highlights why CNP fraud
<\/p>\n [Contributed by EVS Marketing]<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" E commerce fraud is a growing concern in the online retailer space. As more businesses move their products and services online, fraudsters are following with many ways to compromise information. While we would all like to have a one size<\/p>\n","protected":false},"author":40,"featured_media":4535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[35],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4534"}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4534"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media\/4535"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nspace. As more businesses move their products and services online, fraudsters
\nare following with many ways to compromise information. While we would all like
\nto have a one size fits all technique to take care of fraudulent activity
\nonline, there isnt such solution. The fact is there are a lot of different
\nways to prevent
\nfraud online<\/a>, but they dont all work the same or have the same
\neffectiveness.<\/p>\nIdentity verification<\/h2>\n
\ndifferent results depending on the user or applicant. There really isnt a way
\nto tell the difference between a criminal and someone who has lived in many
\nplaces that doesnt remember a set of addresses listed in the KBA
\nquestions<\/a> presented to them alone. There are also issues with fraudsters
\nusing other peoples social security information. A good solve for all of your
\nfraud prevention concerns is a layered solution that utilizes many different
\ntactics to verify and authenticate an identity.<\/p>\n
\ndont have the oversight of feared regulatory regime, or the budgets, to match
\nthe financial industrys level of success. E-commerce breaches likely result
\nfrom an array of vulnerabilities. Online retailers, by nature, arent as secure
\nas their brick and mortar counterparts. Not to mention, more fraudsters are
\ntargeting online merchants because card-not-present transactions are more
\nvulnerable. Online retailers have been reluctant to implement additional forms
\nof fraud prevention use and transactional authentication. The process of
\ne-commerce transactions can be stronger with the assistance of dynamic
\nauthentication. Retailers need to enhance authentication methods to ensure only
\nlegitimate customers are able to make purchases, online or otherwise with
\npayment cards.<\/p>\n
\nis such a growing concern. Almost all stolen cards are used in a CNP fashion. While
\nonline retailers continue to work on the gaps, fraudsters will continue to get
\nin and exploit them. Implement the strongest fraud
\nprevent solution<\/a> today to help fight fraudulent activity. <\/p>\n