Consumers and online businesses enjoy the benefits of e-gift cards, but the rising threat of bot attacks on e-gift cards, especially during holidays, casts a shadow over this lucrative payment channel.
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If online shopping wasn’t already part of your daily routine before the pandemic, chances are it is now. As a society, we’re buying far more online than ever before, and that trend is unlikely to slow down.
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Account takeover (ATO), is a form of online identity theft where bad actors gain access to a person’s financial, eCommerce, or other accounts and use those accounts to execute fraudulent transactions. ATO continues to be in the forefront of retail CISO interests and concerns. : Depending on the sophistication of the attack, ATO attacks can…
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As the world collectively grapples with the health, societal, and economic impacts of COVID-19, businesses everywhere are facing a hidden parallel threat. Hackers and malicious actors are using the confusion and anxiety to pry open new and existing vulnerabilities, and cybersecurity firms around the world are seeing a drastic increase in attacks. Ransomware This is…
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Reports of account takeover (ATO) from our e-commerce customers have risen 67% in the past six months. What is driving this rise? Moreover, what can you do to combat it without impacting the vitally important holiday season? Fraudsters use a number of tactics to takeover accounts, including social engineering, credential stuffing and phishing attacks. Regardless…
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