Webinar Description
Key Takeaways
- Examines the full lifecycle of stolen payment card data, from acquisition through underground distribution to fraudulent use
- Draws on dark web intelligence gathered during the 2024 holiday shopping season
- Targets fraud prevention and risk management professionals at financial institutions and card issuers
- Focuses on identifying intervention points between card compromise and actual fraud
- Presented by Maximilian Gebhardt, Advisory Solution Consultant at Outseer
Inside the Compromised Card Economy
This virtual webinar, titled “Stolen, Sold, Spent: Inside the Compromised Card Economy Ahead of Black Friday,” investigates how stolen payment card data moves through criminal underground markets. The session traces the journey of compromised cards from initial theft through validation, distribution, and eventual fraudulent transactions, with particular attention to patterns observed during high-risk retail periods.
A central theme is the distinction between a card being compromised and that card being used for fraud. This gap represents an opportunity for financial institutions to intervene before losses occur. The webinar uses intelligence gathered from dark web monitoring during the 2024 holiday season to illustrate fraudster behavior and criminal marketplace dynamics.
Fraud Prevention and Operational Impact
The session addresses practical challenges facing banks and card issuers: reducing fraud losses, lowering investigation costs, and minimizing customer disruption. It explores how compromised card intelligence can help organizations prioritize responses to card exposure and counter evolving fraudster tactics. The economic and operational impacts of fraud prevention, including card replacement costs and customer service demands, are also examined.
Who Should Attend
This webinar is designed for fraud prevention and risk management professionals at financial institutions, card issuers, and payments organizations. Security and compliance teams, along with executives responsible for financial crime and cybersecurity, will find the content relevant, particularly those preparing for fraud spikes during peak retail periods such as Black Friday.