Essentials of Online payment Security and Fraud Prevention

by David A. Montague

Overview

Essential guidance for preventing fraud in the card-not-present (CNP) space

This book focuses on the prevention of fraud for the card-not-present transaction. The payment process, fraud schemes, and fraud techniques will all focus on these types of transactions ahead.

• Reveals the top 45 fraud prevention techniques
• Uniquely focuses on eCommerce fraud essentials
• Provides the basic concepts around CNP payments and the ways fraud is perpetrated

If you do business online, you know fraud is a part of doing business. Essentials of On-line Payment Security and Fraud Prevention equips you to prevent fraud in the CNP space.

Product Details

ISBN-13:	9780470638798
Publisher:	Wiley
Publication date:	11/09/2010
Series:	Essentials Series , #54
Pages:	304
Product dimensions:	5.90(w) x 8.90(h) x 0.90(d)

About the Author

DAVID MONTAGUE is the President of The Fraud Practice LLC and has worked as an executive consultant in the information technology, e-commerce, electronic payment, and fraud prevention space for eleven years. He has held management and executive consulting positions with CyberSource Corporation, IBM Global Services, and Watson Wyatt Worldwide.

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Table of Contents

Acknowledgments vii

Introduction ix

1 Understanding Online Payment Options 1

2 Key Concepts for E-Commerce Credit Card Payments 27

3 Fraud Basics for Companies Doing Business Online 56

4 Fraud Management Key Concepts 101

5 Fraud Prevention Techniques: Identity Proofing 127

6 Fraud Prevention Techniques: Guaranteed Payments 175

7 Fraud Prevention Techniques: Fraud Scoring 183

8 Fraud Prevention Techniques: Operational Management (Enterprise) 190

9 Fraud Prevention Techniques: Analytics 231

10 Fraud Prevention Techniques: Data Quality 238

11 Fraud Prevention Techniques: Technology 247

12 Fraud Prevention Techniques: Data Sharing 272

Appendix A Protecting Yourself from Identity Theft 277

Appendix B Sample Strategy 281

About the Author 283

Index 285