Is Your Fridge Running? Then You Had Better Catch It: Fraud and the IoT

Friendly Fraud
First-Party Misuse
Internet of things
Steve Durney -- Ethoca
Oct 12, 2019
In a single home today, it is not uncommon to find more than a dozen devices connected to the Internet. As people connect more and more of these objects, it is only a matter of time before huge increases in unauthorized purchases being made via these technologies are observed.

This presentation kicks off with a look at what Internet of Things devices are and the three types of IoT devices from a commerce perspective. Examples of perils for both businesses and consumers are reviewed next, with particular emphasis placed on friendly fraud. The presentation concludes with practical steps merchants can take to combat IoT risks.

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