David Lott of the Federal Reserve Bank of Atlanta discusses how fraudsters are adapting to the changing landscape. Lott is a retail payments expert with the Retail Payments Risk Forum. He works with payments stakeholders in researching payment systems and products, focusing on risk mitigation strategies. He has more than 40 years of experience in the field and is a representative of the Fed in Boston in facilitating the meetings of the Mobile Payments Industry Workgroup and in several inter-agency and Federal Reserve System working groups. In a video interview with Information Security Media Group, Lott discusses: Payment fraud schemes exploiting the pandemic; continued use of cash and checks;”]
Source: https://www.cuinfosecurity.com/how-fraudsters-are-adapting-to-changes-in-payment-methods-a-14877