Abuse Economics: Breaking the Business Model of Fraud
Fraud
Abuse
Management/mitigation
Kevin Gosschalk -- Arkose Labs; Clayton Foster -- Expedia
Oct 24, 2019
Presentations
Over the long term, reductions in fraud have less to do with preventing each and every instance of abuse and more to do with undermining the economic viability of a fraudster's business. Motivated by financial gain, fraudsters can only sustain their "business" operations when the cost of executing abuse is less than the value that can be extracted from their targets. As such, the motivation of a fraudster is diminished when they stand to gain little from their attacks.
In this presentation, Arkose Labs teams up with Expedia to contextualize fraud in the greater abuse economy and highlights how merchants can use specific techniques to consume fraudsters' operational resources, crush their business models, and force them to surrender.
In this presentation, Arkose Labs teams up with Expedia to contextualize fraud in the greater abuse economy and highlights how merchants can use specific techniques to consume fraudsters' operational resources, crush their business models, and force them to surrender.
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