Multilayered Approaches Filter Vulnerabilities and Encrypt Data to Protect Merchants
JoTo PR client, Chargebacks911, was highlighted in an article by IT Business Net titled, 4 Ways eCommerce Merchants Can Defeat Digital Skimmers.
If feels like news stories about a massive data breach are almost a weekly fixture these days. One recent incident involving Ticketmaster UK stood out, though, because of the name attached to it: Magecart. The first thing to understand is Magecart is not the name of a group or anything like that. Magecart is the name investigators applied to a massive, worldwide campaign carried out by fraudsters since 2015.
I’ve outlined four fundamentals that every merchant needs to help protect themselves and mitigate risk, including: encrypt all data: assess vulnerability, watch for Indicators and comprehensive loss prevention. Just about every fundamental loss source has multiple different causes. Addressing all of them demands a multilayer approach to fraud, with complementary tools and strategies that work together to filter out as many threats as possible.
Chargebacks911, known as The Chargeback Company in Europe, safeguards over 2.4 billion online transactions every year, representing clients in 87 different countries. It is the first global company fully dedicated to mitigating chargeback risk and eliminating chargeback fraud, and the company has won the Customer Choice Award for Best Chargeback Management Solution at the CardNotPresent Awards for two years in succession. As industry-leading innovators, Chargebacks911 is credited with developing the most effective strategies for helping businesses maximize revenue and reduce loss in a variety of industries and sectors within the payments space. Chargebacks911 provides comprehensive and highly scalable solutions for chargeback compliance, handling services and fraud strategy management. With unparalleled category experience and Intelligence Source Detection (ISD™) technology, Chargebacks911 identifies the true source of chargebacks, optimizes revenue recovery opportunities, mediates disputes, safeguards reputations, monitors transactions 24/7 and helps proactively prevent future fraud. To learn more about Chargebacks911, visit www.chargebacks911.com.
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