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 …

Future Technology and Innovative Concept Topics and Ideas for Think Tanks and Radio

Future Technology and Innovative Concept Topics and Ideas for Think Tanks and RadioNew Technology News: Video Games to Watch for

As we launch into 2010, the IT industry is confronted with three major challenges. What makes these so significant is because are certainly not for the radar of all companies. In this report I will address the 1st challenge that people being an industry have ignored. Although I can not provide answers, my an answer to this information is to expose the issues and launch a dialogue within the IT community even as seek out answers.

– Okay so, I’d like to dive into our topics for today’s radio talk show and I’m sure by now you already know the format, basically, “I will perform the talking for approximately half an hour minus commercials along with your job is always to listen carefully, come up with comments and questions, and then I’ll start the device lines to know everything you need to say

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– In fact, if you undertake an excessive amount of preaching towards the choir, I will simply cut you off, perhaps accept you, and go for the next caller

Technology of the Future

Let’s take a glance at five high-tech careers that’ll be in-demand next decade. These jobs focus on developing, implementing, and operating complex technological systems for example computer …

Effects Of Technology And High-Tech Gadgets In Our Lives

Effects Of Technology And High-Tech Gadgets In Our LivesWhat to Know About Running Windows in the Virtual Machine

In recent years, more people are already taking advantage of innovative technological developments which allows the crooks to produce a spectacular home theater system. When creating your own home theater, you have a variety of features to choose from such as the video projector. If you are designing and creating a home entertainment, you will need to consider which projector you ought to acquire.

– You may be thinking what invalid registry is really all about

– You need not be an info technology engineer or perhaps a tech help expert to understand it

– However for that, you’ll want some fundamental idea about your Windows registry first

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Common Mistakes Made by Small Businesses When Evaluating Their Technology Needs

Today, in these good tech support forums, you have each of the resources and knowledge you’re looking for for the optimum utilization of PC. Today, such information technology forums are filled with high-quality computer-related contents in the form of tech help tips, computer-related articles, and blogs. By discussing a tech support forum as and when required, you start out making optimum use of your PC. You …