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Why Online Fraudsters Are Like Toddlers + Recent Fraud Threat Updates

Why Online Fraudsters Are Like Toddlers + Recent Fraud Threat Updates

FromFraudology Podcast with Karisse Hendrick


Why Online Fraudsters Are Like Toddlers + Recent Fraud Threat Updates

FromFraudology Podcast with Karisse Hendrick

ratings:
Length:
40 minutes
Released:
Dec 8, 2022
Format:
Podcast episode

Description

Fraudology is presented by SEON.After an unexpected trip to care for two toddlers this week, Karisse observed 3 ways that online fraudsters are a lot like toddlers, and how those of us who are charged with keeping Fraudsters "in check" can be ready for whatever they throw at us (the same way you need to be when parenting or caring for children under age 5!)Karisse also provides updates on the recent coordinated & sophisticated attack targeted online retailers (and now online websites that just sell their company's gift cards). She also reiterates how this specific group continues to wreak havoc on online merchants while often exploiting the specific 3rd party provider each retailer relies on for transaction risk analysis, and how each fraud provider is tackling this in their own way, providing a lot of lessons in which approaches are most successful. And lastly, Karisse talks about a method of online fraud that is being talked about often by online merchants & other companies that process online payments (like PSPs, Payment Facilitators, etc): Card testing. While this will be the main topic for next Thursday's episode, Karisse provides high level information to alert those companies that are often most targeted by this method of fraud attack what to watch out for. To read the article mentioned on today's episode published by Stripe titled "How Stripe Responded to a Recent Wave of Card-Testing Attacks":https://stripe.com/newsroom/news/card-testing-surgeFraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.
Released:
Dec 8, 2022
Format:
Podcast episode

Titles in the series (100)

If you work in online fraud prevention, chances are you've caught the "bug". The bug that makes you passionate about identifying & preventing cybercriminals from getting away with stealing from your company, or your client's companies. Most people who have made cyber-fraud their career have the perfect balance of analytical and social skills, a strong sense of justice and the curiosity that will drive you to go down every path of information until you "crack the case". Just like sociology is the study of social behavior, and psychology is the study of human behavior, Fraudology is the science and study of fraud. On the Fraudology podcast, long-time online fraud expert, Karisse Hendrick will dive into all areas of Fraudology from the perspective of a fraud-fighter. With guests ranging from former cybercriminals to fraud-fighters at Fortune 500 companies to law enforcement and others, you will no doubt be entertained, while learning a lot about fraud & other forms of abuse prevention! Subscribe to be alerted when a new episode is out and please rate & review where you can, to help others find this new & unique podcast!