January 10, 2017
Roberto Valerio, CEO of leading fraud prevention software company Risk Ident, shares his insights on the issues set to hit online businesses in 2017 and explains how organizations can combat increasingly sophisticated fraudsters.
The year 2016 was a remarkable one in fraud. We saw the first pan-European e-commerce fraud operation, which ended with the arrest of 42 professional fraudsters, as well as a 17-year-old prosecuted for stealing 21,000 customer bank details from a major broadband provider. But like the mythical monster Hydra, one severed head in fraud can spawn two even more menacing heads.
Fraud has now become one of Europe’s most pr ...