View our Retail Focused Tech Talk: Platform Edition, 3 Ways to Detect Online Credit Card Skimming.
This Tech Talk is the first of the 3-part series, and it focuses on the growing threat of digital credit card skimmers operating within your website.
Global losses from all forms of credit card fraud were estimated by The Nilson Report to exceed $32 billion in 2019. One of the fast-growing types of fraud impacting retailers is the use of digital credit card skimmers, also known as web skimmers. According to Malwarebytes, online credit card skimming has increased by 26% in March alone. As the volume of people shopping online has dramatically increased, we can anticipate a larger number of transactions to be impacted by credit card skimmers moving forward.
This type of criminal activity creates for the retailer a complex range of risks, responsibilities and uncertainties. When breached, a retailer will be forced to consider these questions and more:
- If this happens on your website, how do you respond?
- What are your risks?
- How would you investigate?
- Is it possible to proactively detect these attacks before a data breach occurs?
Tune in to learn how to help detect this kind of fraud and protect your customers and data from theft effectively.
