Card Not Present Fraud , Fraud Management & Cybercrime , Social Engineering
Fighting Payment Fraud: Going Beyond Protecting Card DataMastercard's Sujay Vasudevan on the New Payment Fraud Trends
Fighting payment fraud requires protecting far more than just payment data, says Sujay Vasudevan, vice president of cyber and intelligence solutions, South Asia, at Mastercard, who describe key steps.
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“For payment card data, protection levels have improved, making it tougher for a fraudster to access information,” Vasudevan says. But fraudsters are obtaining and using other PII to fuel their efforts, he points out.
In this video interview with Information Security Media Group, Vasudevan discusses:
- Emerging payment trends;
- How fraudsters are changing their methods;
- Technologies that can play a critical role in fighting fraud.
Vasudevan is vice president of cyber and intelligence solutions, South Asia, at Mastercard. Previously, he was director, business development at First Data India. He was also lead, payment security, Middle East, India Subcontinent at CA Technologies where he led CA’s payment security business.