The Retail Quagmire Of Virtual Goods Fraud
Written by Frank HayesJune 24th, 2010
How should retailers deal with virtual goods when it comes to fraud? When the product is music, video, gift cards, news stories (such as the one you're now reading), applications or anything else lacking a box that can be signed for, the issue of proving the item's delivery becomes much more treacherous. And that's a vulnerability some fraudsters are not shy about trying to exploit.
Case in point: Apple's customers love Apple. They love iTunes. But Apple has a problem: recurring complaints from customers who say someone has fraudulently made purchases through their iTunes accounts.
This Story Is Only Available For Premium Subscribers. Click Or Login In Below To Read The Rest Of This Story.
Already a Subscriber? Login Here
Pages: 1 2
Leave a Reply
Readers, specifically those who want to comment on a story:
Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
