Fraud & Risk

The 3 Most Expensive Types of eCommerce Fraud

Mengmeng Chen -- Shape Security


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While online retailers can be targeted by a variety of fraud attempts and attacks, criminals are increasingly turning to fraud which is not only easy to monetize but can also be scaled to quickly impact large volumes of accounts. This webinar provides a deep dive on account takeovers, examining the threat posed by credential stuffing and looking at several case studies of prior attacks. Three best practices for stopping account takeovers are then discussed. Next, the focus shifts to fake accounts and how they can be used to later commit merchant fraud and money laundering. The webinar concludes with a brief look at gift card fraud, describing a typical automated attack and how gift cards can be monetized.