Ephy Rinsky

Emilie Grunzweig, Abigail Singer, and Ephy Rinsky - Riskified Webinar Sign in or register to watch this webinar Gift cards, particularly digital gift cards, represent a big revenue opportunity for eCommerce companies, but come with a unique set of fraud prevention challenges. In this webinar, Riskified provides an overview of the gift card industry and looks at trends and risks in gift cards, including distinctions between digital and plastic gift cards as well as open and closed loop cards.

Just a few years ago, retailers who could prevent CNP fraud at checkout were ahead of the game. But the game changes fast, and today’s fraudsters are able to perpetrate highly sophisticated attacks that require equally sophisticated tools to detect them. Among the most devious types of fraud Riskified sees today are Account Takeover (ATO) attacks, which in 2016 led to $2.3 billion in losses – well over a third of the total fraud losses that year.