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Top Reasons Why Online Fraud Keeps Increasing (in Size & Sophistication)

Top Reasons Why Online Fraud Keeps Increasing (in Size & Sophistication)

FromFraudology Podcast with Karisse Hendrick


Top Reasons Why Online Fraud Keeps Increasing (in Size & Sophistication)

FromFraudology Podcast with Karisse Hendrick

ratings:
Length:
54 minutes
Released:
Sep 28, 2023
Format:
Podcast episode

Description

Fraudology is presented by Spec. Apply here to join us on September 27th, for an anonymous, merchant only group date demo.In this solo episode of Fraudology, host Karisse Hendrick answers the question so many fraud-fighters have asked her lately. -It's not just you or your company. Fraud IS getting worse. -In size and scope.From identity theft to reshipping schemes, supply chain exploits ATOs, and Refund Claims Fraud, Karisse provides a comprehensive overview of the contributing factors that have created a "perfect storm" that is not only changing the methodology & technology being used to perpetrate cybercrime & financial fraud, but also increasing the volume of perpetrators, and overall losses.But, all hope isn't lost. By better understanding the root causes of these changes, by studying the ever-evolving tactics, and by continually evaluating current and prospective 3rd party solution providers within your company's risk stack; some companies & financial institutions are keeping up with these changes more than others. Karisse ends the episode sharing the #1 best thing you can do right now to prepare for this "storm". Whether your company has already seen some of the impacts or not yet. Without doing this, it will be 100% more difficult to obtain the resources & support needed to be equipped to handle this new normal.Article mentioned in the episode: AI Bots Are Way Better At Captchas Than People: https://frankonfraud.com/fraud-trends/ai-bots-are-way-better-at-captchas-than-people/Fraudology 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:
Sep 28, 2023
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!