Mitigating Risk: How to Reduce Authorization Fraud

Mitigating Risk: How to Reduce Authorization Fraud
Tags: Bank / Credit Union, Consulting, Debit / Credit, Other, Transaction Processing
March 9, 2008

Cyber criminals are testing stolen card numbers for validity by impersonating legitimate merchants in order to gain a greater return on investment for payment cards brokered over the Internet.

In this white paper, Fair Isaac explains how to spot and react to these testing or "dump checking" techniques. It will review various forms of dump checking and the respective combative measures that issuers and acquirers can take.

Download this white paper from Fair Isaac.

Editor's Note: The views expressed in this white paper reflect only those of the author(s).