Precognitive Blog
3 Ecommerce Fraud Prevention Best Practices for Retailers
According to a 2018 report, retailers who earned over $50 million in annual sales lost 2.10% of their annual revenue to fraud.1 While organized fraud rings have developed increasingly sophisticated methods to steal customer data and commit chargeback fraud, most ecommerce fraud prevention best practices have failed to evolve to [...]
Ecommerce Fraud Prevention Strategies That Hurt Retailers
Between 2017 and 2018, the percentage of retail revenue lost due to chargebacks, account takeovers, identity theft, and other forms of fraud rose from 1.58% to 1.80%1. As the volume of fraud attempts and botnet activity has increased, fraud prevention strategies have stagnated. Over 52% of e-commerce enterprises have difficulty [...]
Browser Languages: Detecting the Native Fraud Tongue
Bilingualism in the Great White North Canada has two national languages, English and French. In a Canadian census of 2011, data was gathered regarding “Languages spoken most often at home.” In this study the government reported that 83.5% of the Canadian population (with the exception of Quebec) spoke English. Primarily [...]
What Your Employees Should Know About Phishing Scams
Holiday season isn’t only a time of increased sales and celebrations, but it’s also when fraudsters step up their efforts to give holiday presents to themselves – gifts of customer login credentials, credit card information, social insurance/social security number, data, and identities – all from your database. Phishing is one of [...]
Sign Up! Precognitive Fraud Webinar: Are You Keeping Pace With Fraudsters?
Join Precognitive as they provide an overview of what drove the team to develop their three core products and how they are beating fraudsters at their own game with device intelligence, behavioral analytics and machine learning. Webinar date: January 24, 2018 | 11:00 AM PST (8:00 PM CET) Webinar host: [...]
Preventing Call Center Fraud Using Non-Conventional Verification Methods
With the growing number of data breach incidents taking place, the stolen data from those attacks are being used to bypass traditional verification methods used by your call center agents who have to balance customer service with fraud prevention. It’s important for a customer service call center to take a [...]
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