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White-Hat Hacker Swipes 26M Stolen Credit Cards From Dark Web

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Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday (Oct. The hacked records were lifted from online portals as well as brick-and-mortar retailers over the past four years. million card records for sale.

Cards 122
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Trust And Speed Light A New Path To Omnichannel Retail

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For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137
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Signifyd Data Shows Fraud Is Actually Declining

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Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I Good news, of course, but that doesn’t mean the pressure is any less. Classic fraud deflection is rules-based.

Fraud 109
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Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company

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Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. To protect himself, he created faulty invoices to trick QVC into paying for his fraud. The fraud happened from 2008 until he was fired in 2013, noted the report. QVC former director James D.

Company 102
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Deep Dive: How Reshipping Scams Deliver For Fraudsters

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These bad actors often take advantage of the chaos to steal credit cards, scam merchants and wreak other types of retail havoc. This type of fraud covers for cybercriminals by tricking unsuspecting consumers into believing that they have landed lucrative work opportunities when they are actually participating in criminal enterprises.

Fraud 134
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Today In Data: Banks Give Consumers Confidence Amid Data Breaches

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Banks give consumers confidence that their data won’t fall into the wrong hands when they make purchases or reservations, thanks to investments in fraud detection and prevention. percent: The share of brands that pick New York as the location for their first pop-up shops. And Tiffany & Co. ’s And Tiffany & Co. ’s

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Caribou Coffee Spills The Beans On Customer Loyalty In The Mobile Age

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Fraudsters continue to haunt the mobile order-ahead industry, however, with friendly fraud being a particularly well-documented menace. DoorDash ’s competitor, Grubhub , is taking heat from the New York City Council, which is asking it to pay back restaurants for fees charged for phone calls that did not result in sales.

Mobile 131