Alexander Hall’s Post

🎲 Take no chances with fraud prevention! 💰 This year, companies are set to score big wins in the battle against scammers and fraudsters. Check out the key fraud prevention trends to keep an eye on this year. https://lnkd.in/eayh8Z3R #FraudPrevention #2024Predictions #FraudDetection #Blog

When it comes to fraud you don't want to fall into the category of 'Good Enough'. You want to make sure you are doing everything possible to stop fraudsters in their tracks. We can catch fraud from an omni channel perspective, catching different types of fraud and have FCRA and GLBA solutions to do just that. Let's talk about moving you from Good to Great. Some excerpts from this article- The “good enough” approach has been accepting of the status quo of fraud prevention — and clinging to the hope that current and past solutions and tools will be enough to continue to combat fraud effectively into the future, As Bledsoe said, “we’re in a perpetual arms race with the fraudsters. And when we build a higher fence, they build a higher ladder.”

Dive into the ‘fraudscape’ with Ben Archer as he unpacks CIFAS’ latest report. From identity fraud to false applications, discover the key threats facing the fraud prevention community today and, crucially, find out how you can bolster your defences against them 🤛 Explore the insights 👇 https://lnkd.in/ez9BqkEC #FraudPrevention #CreditRisk

⁉ Live Virtual Event Announcement. Registration open! ✅ Riskified presents: "Ask Me Anything: Insights from Ex-Fraudster Alexander Hall" 🗺 Where: Virtual 📅 When: Thursday, June 6 | 12:30 PM EST I am very excited to announce that registration is open for my collaboration with the Riskified team. There are significant changes taking place in the fraud industry today. Join us as we open up discussion for everything from Account Takeovers, Identity Theft, Policy Abuse, Synthetic ID Fraud, and more. Description: Join us for a rare opportunity to hear directly from a mastermind fraud pro who once played for the other team. Submit questions you’ve always wanted to ask, learn how fraudsters really work, get tips on closing your loopholes, and much more. After spending years earning a living as a successful fraudster, Alexander Hall is now a fraud prevention expert with 17 years of experience and his own consultancy, where he helps clients design and implement holistic fraud strategies that reduce fraud rates, enhance user identification, and protect their operations and finances. In his years on the dark side of ecommerce, he employed countless fraudulent methods (and was never caught). ::Click the link below to register and submit your questions:: Be proactive, my friends. ==================== #FraudPrevention #Fraud #LiveEvent #AMA #Fraudster #Remote #Banking #Merchant #Retail #CreditCards #Identity #IdentityFraud #Strategy #Verification #Onboarding #CustomerService #SocialEngineering #ThinkLikeAFraudster #Technology #Innovation

🎲 Don't gamble with fraud prevention! 💰 This will be the year companies win the jackpot in their fight against scammers and fraudsters. Here's a look at the top fraud prevention trends to watch out for. https://lnkd.in/eayh8Z3R #FraudPrevention #2024Predictions #FraudDetection #Blog

Fraud Awareness Week: We’re kicking off Fraud Awareness Week 2024 — an important time to remind everyone that fraud is on the rise globally. It’s also an opportunity to share tips to help prevent scams and reduce the number of victims falling prey to them daily.  Joel Keith Freund, CPA/CFF, CVA, CFE highlights these top scams and tips to protect yourself:  1️⃣ Investment Fraud: Avoid offers promising "guaranteed returns" or pressuring immediate action. Research investments thoroughly and verify professionals.  2️⃣ Business Email Compromise (BEC): Double-check email addresses and confirm payment requests directly to prevent costly mistakes.  3️⃣ Tech Support Fraud: Ignore fake virus pop-ups and never give remote access. Legitimate companies won’t contact you unsolicited.  📢 Report any fraud attempts — every report helps combat fraud. Stay tuned this week as we share more tips to protect yourself and others! 💡 #FraudAwarenessWeek #FraudPrevention  More tips here: https://lnkd.in/e_MWBGGv

🚨 Fraud Happens Every Day, But What Exactly Is It? Welcome to our new series, Word of the Week, where we break down key terms in fraud prevention to keep you informed and empowered. This week’s word is FRAUD, a term we hear often but might not fully understand. What Is Fraud? Fraud is more than just dishonesty. It’s an intentional act of deception designed to gain something (money, power, or access) at the expense of another. Fraud comes in many forms: Financial fraud (e.g., credit card scams, identity theft) Cyber fraud (e.g., phishing, ransomware) Personal fraud (e.g., imposter scams, romance scams) Here’s the scary part! It could happen to anyone. Why It Matters Fraud isn’t just about breaking the law, it’s about breaking trust. Every fraudulent act chips away at the confidence we have in our financial systems, technology, and even the people around us. Protecting yourself starts with awareness: 1️⃣ Recognize the signs: Is it urgent, secretive, or too good to be true? 2️⃣ Verify, then trust: Don’t rely on first impressions—always check the source. 3️⃣ Stay informed: Knowledge is the best defense against fraud. 📊 A Quick Fact 💡 Did you know? According to the FTC, over $10 billion was lost to fraud in 2023. Fraudsters are evolving faster than ever, making education and vigilance critical. What’s the first word that comes to mind when you think of “fraud”? 👇 Drop it in the comments! Join us next week as we explore another Word of the Week to help you stay safe and informed. Together, we can build a more fraud-aware community. For more on how to stay safe, visit Fraudhero.com and get your free Action Plan to get started today. #wordoftheweek #fraudhero #fraud #fraudprevention #pausethinkverify

Fraud is everywhere! Check out this article by my coworker, Joel, to see some tips and tricks to avoid fraud!

Did you know that most victims of identity theft don’t realize it for months? By the time it’s discovered, fraudsters could have already filed tax returns, opened credit cards, and more. Simple steps like using strong passwords, avoiding phishing scams, and setting up alerts on your accounts can go a long way in protecting your financial information. The fight against fraud never stops—make sure you’re staying one step ahead. Check out this article to learn more. #IdentityTheftPrevention #FinancialWellness #StaySafe

Fraud and scams are increasingly prevalent in today's digital and financial landscape, affecting individuals and businesses alike. Understanding how to recognize and protect yourself from these threats is essential. Here’s a step-by-step guide to safeguarding yourself against fraud and scams: 1️⃣ Recognize Common Types of Fraud: Familiarize yourself with common scams, such as phishing, identity theft, Ponzi schemes, and credit card fraud. Awareness is the first line of defense. 2️⃣ Protect Your Personal Information: Keep your personal and financial information secure. Use strong, unique passwords for online accounts, enable two-factor authentication, and be cautious about sharing sensitive information, especially over the phone or online. 3️⃣ Verify Before You Trust: Always verify the legitimacy of requests for personal or financial information. For example, if you receive an unexpected email or call from a bank or service provider, contact them directly using a verified phone number or website to confirm the request. 4️⃣ Monitor Financial Accounts Regularly: Regularly check your bank statements, credit card bills, and credit reports for any unauthorized transactions or suspicious activity. Early detection can prevent significant financial loss. 5️⃣ Report Suspicious Activity: If you suspect that you’ve been targeted by a scam or fraud, report it immediately to the relevant authorities, such as the Federal Trade Commission (FTC) in the U.S., or your local law enforcement. Quick action can help prevent further damage. 6️⃣ Stay Educated: Fraudsters continually develop new tactics, so it’s important to stay informed about the latest scams and how to avoid them. Subscribe to alerts from consumer protection agencies and financial institutions. 7️⃣ Seek Legal Help if Needed: If you’ve been a victim of fraud or a scam, consulting with a legal professional can help you understand your rights and explore options for recovering lost assets. They can also assist in pursuing legal action against the perpetrators. By taking these proactive steps, you can reduce your risk of falling victim to fraud and scams, and protect your personal and financial well-being. #FraudPrevention #ScamAwareness #LegalProtection #ConsumerRights #FinancialSecurity