Merchant Episode 6: Mobile Fraud

The main topic of this episode is mobile fraud; fraud that occurs on mobile devices, both in-app and mobile web, as well as mobile emulators and a newer method, phone porting. In the "What The Fraud" segment, Brett discusses a new method fraudsters are discussing on private dark web forums using the cardholders e-mail address to bypass some e-mail verification services. Both Brett & Karisse discuss ways to circumvent this fraud tactic.

Diving in to mobile fraud, Brett talks about phone porting, how fraudsters are now taking over the phone number of cardholders to place an order. They both discuss the use of mobile emulators, in-app and mobile web fraud and various methods of prevention. 

Studies mentioned on the episode:

Lexis Nexis True Cost of Fraud Study:

https://risk.lexisnexis.com/insights-resources/research/2018-true-cost-of-fraud-study-for-the-retail-sector

2018 Mobile Fraud Survey:

https://cardnotpresent.com/2018-mobile-survey-shows-complacency-still-looms-as-mobile-commerce-fraud-continues-to-grow/

2018 Fraud Operations Survey Results Webinar:

http://info.cardnotpresent.com/2018-cnp-fraud-operations-study-webinar?utm_campaign=Risk%20Ident%20Webinar%200531%202018%20CNP%20Fraud%20Operations%20Study&utm_source=web

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