Feeds

'Honest' card scam hits e-traders

Customer denial fraud

Secure remote control for conventional and virtual desktops

Dishonest consumers are employing a credit card crime that confounds usual verification methods, fraud protection firm Early Warning warns.

The latest scam, described as customer denial fraud, involves credit card holders denying any involvement for purchases they have made as soon as their credit card statement arrives and after goods have been delivered. Internet or other fraud insurance that most companies provide is then invoked, with the result that the value of the order is charged back to the merchant - who ends up footing the bill.

Early Warning runs an online fraud protection system for merchants, called Card Aware, that has allowed it to spot what its identified as a growing crime. Card Aware allows pattern of the frauds to be identified which might otherwise have been perceived as isolated incidents.

Instances of customer denial fraud are been circulated to Card Aware members as they are reported, so on-line merchants know which cards to avoid – even if everything else is in order. Cross-referencing is possible by email address, IP address, delivery postcode and name. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
True fact: 1 in 4 Brits are now TERRORISTS
YouGov poll reveals terrible truth about the enemy within
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?