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Fraud Schemes Targeting Small Merchants

Indictments show growing trend of payments fraud migrating down to smaller merchants, ex-prosecutor says. Kim Peretti, who helped prosecute Albert Gonzalez, says new indictments offer insights into actors behind global fraud schemes. Peretti: “We’re seeing a push down from the big targets to smaller and midsized mom-and-pop stores where they’re able to hit smaller targets, but over time gather a significant number of stolen [payments] cards to resell””]

Source: https://www.cuinfosecurity.com/fraud-schemes-targeting-small-merchants-a-6034

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