The COVID-19 pandemic has shifted the dynamic of card fraud in favor of the fraudsters, says Andrei Barysevich of fraud intelligence company Gemini Advisory. Many fraudsters are using more sophisticated tools, including anti-fingerprinting technology, he says. In an interview with Information Security Media Group he discusses the costs associated with card-not-present transaction monitoring using 3D Secure 2.0. He also discusses how smaller organizations can perform manual checks on red flag card transactions.”]
Source: https://www.cuinfosecurity.com/fighting-card-fraud-in-new-environment-a-15079