One thing that came out this week that I found particularly interesting was CyberSource’s 2009 Online Fraud Report.  They have some great information about fraud trends for online merchants.

One of the more interesting sections for us here at iovation can be found on page 8 of this report where they report on implemented, planned and most effective online fraud solutions.  For both large and small merchants, device fingerprinting had the largest number of respondents indicating that they planned on implementing this technology in the next 12 months.  Additionally it was ranked as one of the top three most effective technologies available to merchants today.

Device based fraud managment solutions are rapidly moving into merchant best practices for fighting online fraud.  For more information on key findings from the fraud survey, read the Merchant Risk Council press release.

This entry was posted on Friday, March 13th, 2009 at 9:36 am and is filed under Online Communities, Online Retail. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.