Forter: Multiple files of Stolen Personal Data Have led to Relentless Online Fraud Attacks

Forter: Multiple files of Stolen Personal Data Have led to Relentless Online Fraud Attacks

We live in an era of cybercrime where it is not uncommon to read headlines of data breaches and other cases of persistent fraud attempts. According to the 2019 sixth annual Fraud Attack Index by Forter Inc, fraud levels went up in 2018 in every online merchant category they scrutinized.

The weight of the matter

Forter reported increased fraud levels in 2018 in all the online merchant categories it tracked. The findings were as follows.

•    Food-and-beverage merchants 79%

•    Electronics at 73%;

•    Digital goods, 66%;

•    Apparel and accessories, 47%;

•    Jewelry, 19%;

•    Luxury, 19%;

•    Travel, 19%;

According to Michael Reitbalt, Founder and CEO of Forter, though some thought luxury or electronic merchants were more vulnerable to fraud due to the larger return from a single fraudulent transaction, the food-and-beverage sector has turned out to be the best testing zone for tricksters to see if they can purchase goods with stolen IDs. Once successful purchase means the trick is worth trying for a top dollar order elsewhere.”

In fact, the CEO suspects that some cybercriminals are hoarding stolen customer information for later breaches or sale in black markets.

“What’s more, web-based food and beverage retailers are slow to the game of online transactions compared to other merchants in other sectors, and as a result, haven’t built up dependable fraud defenses making them the criminals favorite,” Reitblat says.

How is your business most likely to get attacked?

The study also focused on the methods criminals used and …

Buying RF Equipment: Do’s and Don’ts

RF equipment comes in all shapes and sizes, so it can be difficult to determine which kind is right for you. However, you don’t have to go stumbling around in the dark! If you’re in the market for RF equipment, here are some basic “do”s and “don’t”s to get you started.

Buying RF Equipment: Do's and Don'ts

Do: Know what you need.

Maybe you’re shopping for a 181 degree hybrid combiner. Maybe you need a system that can handle DXF and STEP files. At the end of the day, the specifics of your shopping trip will depend on what you need for your particular business, so start off the right way by making a list. You can measure all of your potential purchases against it.

Don’t: Rely on brand names.

While brand names can be a good starting point if you’re completely new to the world of RF equipment, they shouldn’t be the deciding factor in anything that you buy. There are off-brand products that will work just as well as the popular ones, and they’re usually available for a fraction of the cost as well.

Do: Stick to your budget.

It’s easy to find yourself tempted by shiny products and unnecessary upgrades. One way to combat this is by making a budget and sticking to it. If you already know that you aren’t spending more than a certain dollar amount when you enter the hardware store, you can resist the siren calls from various aisles.

Don’t: Shop blindly.

Always read the reviews of your …