News & Press: NORA Member News

How can Australian merchants turn the tide on CNP fraud?

Wednesday, 17 October 2018  
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An staggering $476 million has been lost to fraud by Australian merchants over the last 12 months, thanks to the deployment of more innovative fraud methods by criminals. 

A sophisticated new generation of fraudsters are no longer content with physical theft or simple card skimming. This threat manifests itself as “card not present” (CNP) fraud on eCommerce channels, where methods like identity theft, account takeover data breaches and bust-out scams are employed. Read more...