Taking proactive measures to identify and eliminate potentially abused payment cards, leveraging Recorded Future's credit card fraud intelligence, enables financial institutions to formulate and implement effective mitigation strategies. This shift towards actively addressing credit card abuse and subsequent fraudulent attacks can lead to significant savings in refunds and fraud investigation expenses, while also enhancing brand reputation.

．Real-time Monitoring of Credit Card Portfolio Risks

Collecting credit card data in real-time from dark web shops and taking proactive measures based on real-time intelligence can automatically identify risky accounts and prevent fraud before it occurs.

．Diagnosing Compromised Payment Card Points (CPPs)

Threat actors often release stolen credit cards in batches from compromised merchants. By utilizing detailed information from stolen credit cards, identifying Compromised Payment Card Points (CPPs) helps conceal their activities and avoid market saturation. The Magecart Overwatch solution monitors and scans hundreds of thousands of e-commerce websites, identifying and accurately pinpointing exposed windows before stolen credit card data is offered for sale.

．Tracking Credit Card Checking Services as the Last Line of Defense

Identifying when fraudsters use credit card checking services, determining whether the card is valid before attempting a transaction, and adding known merchants to the risk model allow financial institutions to monitor their portfolio and receive warning signals. This results in an increase in the credit card risk score for low-value transactions or known merchants.

．Protecting Your Portfolio

With precise geographic attribution and the exact number of exposed accounts, receiving notifications about increased stolen credit cards, comparing current and historical statistical data, and benchmarking against key peers increase fraud prevention accuracy. By proactively preventing fraudulent transactions using Recorded Future's credit card fraud intelligence, banks can reduce the value of stolen credit cards that have already been sold, making them a difficult target for attackers.