All posts with the tag giftcard
Fraudsters are constantly looking to exploit vulnerabilities in eCommerce. They try a number of different approaches (“attack vectors”), and if one is proven effective, they exploit it until it’s discovered and the vulnerability closed. Fraudsters are ever-evolving, and, in order to stay ahead of them, merchants must stay abreast of the latest forms of eCommerce fraud to preempt them as quickly as possible.
At the same time, online shopping behavior is evolving just as quickly. Many merchants struggle to update their fraud-management strategies to account for the changes in customers’ lifestyles and their evolving expectations. That leads to false declines and missed opportunities.
Here we share three interesting order types we have seen over the last 12 months. We’ll show two tactics that we’ve seen fraudsters recently employ along with a suspicious-looking — but legitimate — order. This should help merchants understand how eCommerce fraudsters think and better respond to the threat.Read More