Point-of-sale computer-maker Radiant and a local reseller have been sued
When Keith Bond bought a computerized cash register system for his Broussard, Louisiana, restaurant, he thought he was modernizing his restaurant. Today, he believes he was unwittingly opening a back door for Romanian hackers who have now cost him more than US$50,000.
Sebbe Jones, manager of fraud and disputes at 2Checkout, details the latest criminal techniques using online payment transactions
E-commerce fraud costs retailers approximately $4 billion each year, according to the most recent results of an annual survey conducted by Cybersource, a provider of electronic payment and risk management services. Sebbe Jones, manager of fraud and disputes at 2Checkout, is in the business of keeping e-commerce fraud at bay.
Merchants, not consumers, banks or credit-card providers, are the hardest hit by online fraud.
Merchants, not consumers, banks or credit-card providers, are the hardest hit by online fraud.
$500,000 of goods per week purchased with fake credit cards
The Australian Federal Police (AFP) claims to have struck a major blow to a multi-million identity fraud syndicate.
