Cyber fraud rings continue to be more creative in their attacks and continue to go after ever smaller businesses, according to Andreas Baumhof, chief technology officer of ThreatMetrix , San Jose, Calif.
“They used to go after only large financial institutions, now they go after smaller financial institutions, retailers, anybody with a loyalty card…” Baumhof told Loyalty 360. “The threat landscape has expanded quite a bit. From out of nowhere, retailers’ top fraud concerns are now account....