Dispute Defense Consulting

03/06/2024

⁉ Hey London friends!
✅ Let's meet up at Transform Finance, March 14th-15th!

I'm hosting a workshop at the Transform Finance FinCrime & Cybersecurity Summit, in London.
Where: London
When: March 14th - 15th, 2024

❗ Financial Institutions across the world are reporting a significant uptick in fraud-related losses associated with account takeovers, identity theft, synthetic ID fraud, bin exploits and more.

In this session, Alexander Hall pulls on his experience from the other side to share with attendees the fraud method development process and actionable fraud prevention strategy items for your organization.

☑ Key Takeaways:

✅ Think Like a Fraudster - Proactively evaluate your platform for potential vulnerabilities through the lens of a fraudster

✅ Chess, Not Checkers - Fraudsters will pivot once a new system is in place. Learn to leverage both in-house and third-party systems to close the gap between them and us.

✅ Cover All Bases - Learn how to develop holistic, unified processes, leveraging both in-house and third-party data / technology.

Be proactive, my friends!
=====================

04/18/2023

The world of fraud is constantly evolving. New methods, new technology and new datasets are emerging throughout any given time, making it challenging to definitely answer the question: "How's your Food?"Wait... ::Ahem::"How's your Fraud?"Join us as we welcome Jordan Harris to the series to discuss w...

04/18/2023

"Life in the Fast Lane"Securing Digital Goods and Instant Delivery Items.The world of commerce is shifting towards digital goods. Subscription services, digital gift cards, digital currency, and more digital assets being added by the day. As the number of digital assets grows, so to does the need fo...

04/03/2023

Podcast Announcement:
New tech from MRC that excited us with Alexander Hall

"People need to embrace orchestration platforms more"

Recorded LIVE at last month Alexander Hall sits down with a very vocally exhausted Jordan to go over what we think the coolest new things we saw at MRC and what we think are going to be big in the near and long term future.

Is it AI?
Is it ML?
Is it another buzz word?

Spoiler, it's not.

Find out by listening to us have this conversation LIVE and what we think are the real takeaways from the MRC. The future is coming fast and make sure you are aware of what is out there to answer these quickly emerging trends."

Be proactive, my friends!
=====================
Link in First Comment
=====================

01/29/2023

Saturday Replay: Cat and Mouse Podcast, published by SEON Fraud Fighters
Topic: Ex-Fraudster – Alexander Hall l on The Gaps in Fraud Fighting

Be proactive, my friends.
======================

Former fraudster Alexander Hall, of Dispute Defence Consulting, joins us on the Cat and Mouse show and talks about his journey.

11/28/2022

https://disputedefenseconsulting.com/episode-9-disabling-bots-with-session-data-and-geolocation-feat-incognia/

“You can only successfully automate what you can reliably predict” – This is a rule for software designers across the board, and it applies to fraud as well.

11/23/2022

Fraud Prevention Roundtable Series Episode 9
Topic: "Disabling Bots with Session Data and Geolocation" Feat. André Ferraz
When: December 8th, 2022 @ 1pm EST / 10am PST

Description:
The fundamental components of fraud affect every level of the marketplace.

Consumers are vulnerable to scams and social engineering.

Merchants process transactions put in by fraudsters using stolen information

Financial Institutions transact with personal information that has been compromised and manipulated by fraudsters

Government systems are manipulated by bad actors using counterfeit documents and compromised information.
...the list goes on.

As with any predictable process, automation is the next evolution. Cyber criminals automate these fraud processes by creating bots, allowing one device to automate many predictable processes.

The next evolution has been growing in it's presence:

Bot Farms - Many devices, automating many aspects of the cyber crime, affecting many aspects of the marketplace.

Join us as we welcome to the series Andre Ferraz (CEO & Co-Founder, Incognia) to discuss bot attacks and to learn how session data and highly-accurate geolocation can provide your company the defense it needs.

During this session, we will discuss:

- How bot attacks affect the Gig Economy, P2P Marketplaces, Ride Hailing Service Providers and Financial Institutions via multiple Channels (Mobile and Web apps)

- The most common methods that are being automated by bot use.

- How to develop and aim data to serve in the identification and discovery of attacks

- In-House Strategy items that your team can employ today to aid in developing a defense against these attacks.

- ..... and more....

Be proactive, my friends.

::Registration Link in first Comment::
======================
Alexander Hall , Dispute Defense Consulting
Incognia
=======================

11/14/2022

Another has been reported and confirmed. This time the target was Transunion.

Compromised data includes Social Security Numbers and Drivers License Numbers.

Be proactive about protecting your identity by implementing these 3 steps:

1. Secure your login with your bank by enabling Multi-factor Authorization and updating your login details regularly

2. Setup notifications for transactions. Establishing a new email for these notifications works well.

3. Monitor and freeze your credit profile.

Be proactive, my friends.

On November 7, 2022, TransUnion LLC reported a data breach with the Massachusetts Attorney General after information in the company’s possession was...

11/13/2022

Scams affect the general public, the consumers. Teenagers, students, executives, the elderly and everyone in between.

Leveraging social media platforms is no new concept.

Read this article about 17 scams that affect all corners of the social marketplace.

Be proactive, my friends.
======================

Think your friends are the only ones on your page? Think again—the site is a hot spot for scammers stealing money and information.

11/12/2022

11/12/2022

"What if an angry person impersonates an ex-partner, gets verified, and posts offensive statements?" says Jack Lawrence, a Twitter Blue impersonator.

11/12/2022

It's time to accept that our information is in the hands of cyber criminals and, by extension, fraudsters.

Several tips consumers can follow now to protect their identity and accounts:

Account (Payment) protection:

1. Activate notifications for card payments, checks and wire transfers. I have the notification go to a particular (otherwise unused) email address, which is treated as a transaction record for all accounts.

Setting the threshold to $1.00 or $0.01 (whichever is the lowest option at your bank) will notify you for transaction possible.

Setting the threshold higher might not catch fraudsters' attempts to test your payment information with low amounts.

when something suspicious comes across your account, act immediately. Contact your bank, credit union, issuer and go through the process to re-secure your account.

Log-in Protection:

1. Activate available MFA / 2FA and monitor your security notifications.

2. Update your username / Password combinations regularly.

Credit Profile Protection:

1. Monitor your credit profile. New bank accounts (Mule accounts) can wreak havoc on your credit once the fraudster deposits stolen funds and transfers them out.

2. Freeze your credit profile
Part of the profile building process is to gain access to the victim's credit profile and freeze it for exclusive control. "If you don't freeze your profile, a fraudster will do it for you."

Be proactive, my friends.
======================
Dispute Defense Consulting, LLC.
======================

TransUnion breached, consumers' financial information exposed By Amber Neely Nov 10, 2022 TransUnion has sent letters to consumers alerting them to a recent data breach that compromised a wide array of their personal and financial information. On Monday, TransUnion reported a data breach with the Ma...