Fraud prevention and management
Our Managed Risk Analysts work with a wide variety of businesses across the globe. Through their experience with clients as well as data from Cybersource’s fraud platform, we’ve compiled our top 10 fraud trends to watch out for in 2023, as well as recommendations to prevent these types of fraud.
1 Disclosure: This is general information, not legal advice. Please consult your own legal counsel address to specific legal issues.
2 Andriotis, A and Rudegeair, P, (March 2022). Russian Consumers Cut Off From Many Foreign Purchases. The Wall Street Journal. Retrieved from www.wsj.com/articles/russian-consumers-cut-off-from-many-foreign-purchases-11646154897
3 Petkauskas, V, (September 2021). Dark innovation: scammers innovate to keep ahead of regulation. Cybernews. Retrieved from cybernews.com/security/dark-innovation-scammers-innovate-to-keep-ahead-of-regulation/
4 Sidley, (May 2022). European Commission Launches PSD3 Consultations. Sidley. Retrieved from sidley.com/en/insights/newsupdates/2022/05/european-commission-launches-psd3-consultations
5 Disclosure: Statistics, research, and recommendations are provided “AS IS” and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. Cybersource neither makes any warranty or representation as to the completeness or accuracy of the information herein, nor assumes any liability or responsibility that may result from reliance on such information. The Information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.
