Online Merchants Will Not Be Liable For Fraud In 3 Years
Here is a bold statement. “Within three years merchants will no longer be liable for credit card fraud online”, said Skye Spear, vice president of partnerships at Signifyd That quote in Forbes caught my attention. Then I took a closer look at what Skye Spear and his company are doing to make that possible. Yes, […]
Retailers Alerting Consumers About Reused Passwords
50% of consumers use the same password on their Facebook accounts, that they do on their Linkedin accounts and other services such as Uber, Amazon and Netflix. This is a real bad idea. A horrible idea actually, which puts consumers at heightened risk of identity theft, banking fraud and online fraud. How bad of an […]
Account Takeover Fraud Attempts Are Up Big in 2016
In 2012, LinkedIn reported that about 7 million password credentials were hacked and breached. Well as it turns out, that number was grossly underestimated and was closer to 167 million according to recent reports. To remedy the situation, LinkedIn forced password resets on all affected accounts that they could locate. Problem solved right? Wrong. The […]