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Today everyone speaks about ML and its strengths, but the reality is that it needs the proper fuel to do all the promoted deeds of AI. The more raw data attributes you collect about the customer interaction with the website, their device, browser, you can feed more knowledge into your ML models yielding a true understanding of the user with the ability to spot suspicious behaviors. Some data attributes are out there for the taking and are widely used. Still, there is a category far harder to reach — the in-depth data — that explores users profiling and skyrockets your…


The latest technique that I’ve observed involves a combination of social engineering (classic technique) and gaining access to non-internet-savvy users’ PCs and using it to generate real identities with the expressed purpose of committing long term, multi-level fraud. For now, let’s call it “remote desktopping fraud”

The most precious prize for fraudsters: access to a real but new-to-the-web identity

Creating a profound, even a synthetic digital identity with unique background info is really helpful to fraudsters who want to access merchant sites. But what if you want access to banking and lenders? Online banks, digital lenders, and open banks/fintech companies have access to KYC (Know Your Customer) tools that confirm users’ identities against…


by Michał Barbaś, Intelligence Specialist and Anna Sternicka, Product Manager

We are constantly studying online fraud in all its forms and we have published on Darknet topics in the past. This article is the product of a deeper-than-usual dive specifically into the Account Takeover (ATO) space, especially the current trends in tools and marketplaces for acquiring and selling stolen credentials. We took our findings from the ATO fraudster communities and compared them with our findings from a survey of our eCommerce and finance sector clients’ own experience with ATO.

The TL;DR version of our research is that ATO tools have expanded, diversified, and have gone mobile; the Clearnet has emerged as a popular location for sales and re-sales of stolen credentials; the ATO problem faced by eCommerce and finance companies has only grown; and we have seen a connection between the ATO methods described and sold in fraudster marketplaces and what is actually used against businesses.

Internet accounts are one of the most common “tools” used to interact with various Internet services. We use accounts for shopping, managing our…


by Karina Portugal, VP of Business Development Brazil | Nethone

Brazil, a country of over 200 million people, has one of the highest internet usage penetration rates in the world. Now, along with Open Banking and PIX, a new set of regulations called LGPD is being rolled out in 2020. All industries in Brazil will be affected to some degree. What is LGPD? Here is some context.

The question on everyone’s mind: LGPD o que é?

The Lei Geral de Proteção de Dados (LGPD) joins the GDPR and CCPA as the flagship data privacy regulations in the world. The LGPD imposes new rules regarding the collection, use, processing, and…


by Joseph Cha

If you sell physical or digital goods online, the time is now to prepare for the Cyber Monday influx of traffic. As everyone knows, it’s a time of increased business as well as increased fraud attempts and chargebacks. Here are some preparation tips so that you can improve over last year’s results.

The TL;DR version:

  • Don’t divide and conquer yourself. Think and meet cross-functionally.
  • Leverage what you’ve learned from last year as well as Q12020 (also known as “chargeback season”)
  • You’re doing well if you learn from last year’s attacks, chargebacks, and false positives; but you’re doing REALLY well if you prepare ahead…

by Byron King, Business Data Scientist

As lojas físicas têm feito o possível e impossível para proteger suas mercadorias contra roubo. Mesmo com uma gama de ferramentas de prevenção a roubo à disposição, algumas vezes elas ainda falham. Há uma cena famosa no filme Uma Linda Mulher em que a personagem Vivian Ward vai fazer compras em uma loja na sofisticada Rodeo Drive, em Beverly Hills, e é ignorada pelos funcionários por não se parecer com uma cliente típica. …


…they’re not what I expected

by Joseph Cha

An interesting quote from a recent Vice article “The Pursuit of Cheap Video Games Has Been Getting Switch Owners Banned” put me on a path:

Most games cost $60 these days, and if you want to play a lot of them, that can add up quickly. It’s one reason why many players turn to third-party online stores, where they can buy Nintendo games for cheap instead of buying them from Nintendo directly.

I was curious why players would turn to third-party online stores for game codes, in-game currency, skins, accounts, etc. Of course the re-sellers offer discounts…


A study of some of the 2020 trends in Account Takeover (ATO) scams that target e-Commerce and financial institutions

by Michał Barbaś and Anna Sternicka

We are constantly studying online fraud in all its forms and we have published on Darknet topics in the past. This article is the product of a deeper-than-usual dive specifically into the Account Takeover (ATO) space, especially the current trends in tools and marketplaces for acquiring and selling stolen credentials. We took our findings from the ATO fraudster communities and compared them with our findings from a survey of our eCommerce and finance sector clients’ own experience with ATO.

The TL;DR version of our research is that ATO tools have expanded, diversified, and have…


Two huge, revolutionary changes are coming to banking in Brazil in November 2020. The Central Bank of Brazil has released an Open Banking regulation which will mandate registered financial institutions to share customer transactional data with third parties (if the customer agrees, of course). The other high impact change of November is the launch of PIX, also initiated by the Central Bank of Brazil. PIX is an instant payment system that will enable transfers and payments from one e-wallet to another in real-time. November is going to be an interesting month in Brazil.

A high impact change for November: Open Banking.

Let’s start from the source. From the…


Gift Cards are already extremely popular in various regions around the world and are still finding new markets. Gift cards are great for sales and marketing, but unfortunately, fraudsters love them too. The world has already encountered millions of gift card fraud attempts, so why not learn from the experience of others if you’re thinking about offering a gift card program in your eCommerce or Digital Goods & Services business?

Use what you already know to design a secure gift card environment

If you’re creating a new space for gift cards within your business, make sure that you are able to connect and leverage all of the processes that you’ve already created……

Nethone

Know Your Users to resolve fraud. Gain more loyal customers, reject only fraudsters. #ecommerce, #frauddetection #payments

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