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Q3 Global Fraud Attack Index Data Deep-Dive

LIVE WEBINAR: OCTOBER 13 - 1PM (EST)

To attend this live digital discussion on Thursday, October 13, 2016 at 1:00 PM (EST), please complete the registration form shown below:

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Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index.

The collaborative study with Forter measures the rate of fraud attempts made on U.S. online merchants and how that changes over time, and examines the types, sources and geography of fraud attacks. The study also quantifies the potential cost to merchants, left unchecked, of these attempts based on attack amounts and how these amounts are trending over time.

Some of the other highlights from the study include:

– Fraud attacks in the U.S. are up more than 10 percent since the liability shift in October 2015.

– More and more fraudsters are utilizing botnets.

– 83 percent of fraud attacks now deploy the networks of infected computers.

On Thursday, October 13th at 1:00 PM (EST), MPD CEO Karen Webster will be joined by Michael Reitblat, CEO of Forter, for a live digital discussion where they will dive into the data from the Q3 2016 Global Fraud Attack Index.

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DIGITAL DISCUSSION PRESENTER

Michael Reitblat
Co-founder and CEO of Forter

Michael is the co-founder and CEO of Forter. Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide. In 2008, before its acquisition by PayPal, Michael led Product at Fraud Sciences, where he faced some of the most challenging questions in the cyber security ecosystem. Michael’s fascination with online fraudsters began following a successful “self experimentation with the Internet” phase as a teenager and an even more successful period of service as an intelligence officer in the early days of the Israeli Cyber Command.

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DIGITAL DISCUSSION HOST

Karen Webster
CEO of Market Platform Dynamics

Karen Webster is one of the world’s leading experts on payments, commerce and retail innovation and a strategic advisor to CEOs and Boards of multinational players in those sectors. As CEO of Market Platform Dynamics, she works extensively with the most innovative players in the payments, financial services, mobile, retail, B2B, digital media and technology sectors to help them maximize the value of their platform assets, design disruptive new business models and ignite and monetize new innovation. Karen also serves as a member of the advisory board for several emerging companies.

 

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