Fraudsters Break EMV With Mag Strip Weakness
This just in. Fraudsters have broken the Chip Card. They have figured out a way to break the once though infallible technology with something remarkably simple. Instead of focusing on the Chip itself, fraudsters focus instead of the magnetic stripe. That’s right. To break the Chip, just change the magnetic stripe. Confused yet? Well I […]
5 Reasons Fraud is Worse Now Than Any Point in History
Fraud is an epidemic. It is a scourge of the information age. It is a cancer that spreads and then spreads more rapidly as it grows. I took a long hard look at fraud trends across the world, and I determined it isn’t very good. In fact it’s bad and only projected to get worse. Everyone, everywhere […]
Wire Fraud is a $30 to $50 Billion Annual Fraud Problem
There isn’t a day that goes by that I don’t hear about wire fraud. Wire Fraud is the latest fraud trend that is impacting banks from across the world. But not only is it impacting banks, but small businesses and consumers as well. Wire Fraud is an epidemic that is reaching historic levels here in the […]
Fighting Fraud with Frank Was Not a Dumb Name
About 10 years ago, I started a blog and called it Fighting Fraud with Frank. I didn’t come up with that name. Someone else did-Colleen Edwards. Colleen is a smart accomplished marketer. She even has her own company that has helped some of the biggest brands in the world – PowerMark. but I thought that is […]