5 Ways Fraud Hasn’t Changed Since the 19th Century

Spam, phishing, endless email chains… Sometimes we wish we lived in simpler times, when we didn’t have to worry about fraudsters sneaking into our inboxes or lurking in our DMs. But the fraud we see on the internet is actually much older than the internet itself. In fact, fraud hasn’t changed all that much since […]

Learnings from the MRC Conference in Fabulous Las Vegas

Vegas is the entertainment mecca of the world … and for a few days last week it also became the anti-fraud mecca of the world. The Merchant Risk Council (MRC) held their annual conference March 13-16 – and it was big. It’s the largest global e-commerce event focused on payments, fraud, cybersecurity, and risk for companies […]

Learnings from the latest Bay Area Fraud Fighters Forum

Last week, we had the first Fraud Fighters Forum meetup of the year. WePay hosted the night, and we had RSVPs from 55 fraud analysts and risk professionals, across a diverse set of industries – including e-commerce, rental marketplaces, social networks, software, travel, and gaming. Attendees brought with them tales of the unique but often overlapping challenges of […]

3 Legal Loopholes That Let Scammers Get Away with Fraud

Technology is changing faster than the law can keep up, and the internet hasn’t made catching criminals any easier. Federal law defines computer fraud as “the use of a computer to create a dishonest misrepresentation of fact as an attempt to [cause] loss.” And for the most part, scammers who carry out their schemes on […]

The High Price of Catfishing and Romance Scams

Happy Valentine’s Day …. or is it? For many, the road to romance has always been paved with potential potholes – and the internet adds another dimension of uncertainty. For example: is that person you’ve been messaging really who they say they are? If you’ve never met in person, proceed with caution. Dating sites struggle […]

4 E-Commerce Trends and What They Mean for Fraud

The way we buy is continually shifting toward convenience, simplicity, and speed. Great for shoppers, right? But this move towards instant gratification also presents a challenge for e-commerce companies: you potentially open yourself to more risk. As a business, how do you balance meeting consumers’ high expectations without increasing fraud? Let’s take a look at some current trends […]

Is That Donation Site Legit? Tips to Tell the Real from the Fake

Even though the holiday season is over, the giving spirit doesn’t stop. Every so often there are disasters that take place (natural or manmade) that cause an outpouring of support. Think Syrian refugees, Nepal earthquake, the nuclear meltdown in Japan. Another example is a political situation that causes people to rally around a specific organization – […]

How the IoT is Changing Fraud

The FDA issues a warning that pacemakers and defibrillators might be “vulnerable to cybersecurity intrusions and exploits.” Meanwhile, hackers infiltrate home security cameras to get their hands on users’ private information, and companies like Samsung start building security systems into microwaves. It’s not science fiction; it’s the Internet of Things (IoT). What is the IoT? […]

Sift Science Fraud-Fighting Trends 2017

Fraud-fighting is the ultimate balancing act. On one side, you have risk – in the form of fraudsters, scammers, and other bad actors looking to leverage any opening they can to exploit your business for their own gain. On the other side, you have the goal of optimizing user experience – a priority for any modern online business that […]