Training

Next-Generation Technologies & Secure Development

Debit Fraud: Trends and Typologies

Debit Fraud: Trends and Typologies
Skimming, tsunamis, chameleons - debit fraud schemes are on the rise. Join us for a free webinar where we'll talk about the latest in debit card fraud, and share our experiences in how to detect it. This webinar will deliver:

  • Overview of Debit Fraud;
  • Current & Forecasted Trends;
  • Typologies & Sample Scenarios;
  • Things to look for in a fraud solution

Background

Debit card fraud, the act of using debit card information to fraudulently obtain money or goods, is front and center in the minds of Americans. The March 2009 Unisys Security Index reported that credit and debit card fraud is the number one fear for Americans, surpassing terrorism, computer and health viruses and personal safety.

Fraudsters are constantly on the attack, with no concern for the consequences or fall-out from their actions. Financial institutions are continuously left to fight from a defensive position, reacting to attacks while trying to limit damage and clean up the resulting mess.

This webinar discusses current debit card use and debit card fraud trends. It examines several specific debit fraud scenarios that represent a sample of both common and emerging debit card fraud trends faced by card holders and financial institutions today. Finally, it offers a number of features that make an anti-fraud software solution effective.

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