Do Data Breaches Actually Lead to Online Fraud?

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Last week, Karisse talked about 2 major data breaches that she speculated could lead to an increase in specific fraud method attempts. The next day, she read a LinkedIn post challenging the opinion that data breaches lead to more online fraud. And this caused her to challenge her long-held belief in today's episode of Fraudology.

Throughout this episode, you'll hear facts, data, and anecdotes from different perspectives to try to determine (once & for all?) if some or most online fraud is due to a data breach at some time. Or, is all of the information about every single consumer at the ready of cybercriminals when they want it?

Also discussed: An update from last week's episode on the news of 100s of millions of Twitter account details exposed, as now they have been publicly circulated, with more risks than online fraud/identity theft alone.

https://www.wired.com/story/twitter-leak-200-million-user-email-addresses/

Report cited on data beach data from SpyCloud 2022:

https://spycloud.com/resource/2022-annual-identity-exposure-report/

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Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line.

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She brings her experience, expertise, and extensive network of experts to this podcast weekly, on Tuesdays.