3-D Secure: The Force for CNP Fraud Prevention Awakens

Card-not-present (CNP) fraud is on the rise across the globe, fueled by a perfect storm. E-commerce is growing at a rapid clip, outpacing physical store sales in many areas. Chip cards are replacing the ineffective mag stripe in countries around the world, making counterfeit card fraud much more difficult to perpetrate and prompting a migration to CNP fraud. At the same time, data breaches are rampant, providing criminals with a robust supply of stolen card data.