Countermeasures against fraudulent payments are essential for the growth of e-commerce businesses. One countermeasure against fraudulent payments is "EMV 3D Secure," which is a system for authenticating card users and determining the risk of fraudulent use. However, EMV 3D Secure increases the payment flow, which increases the risk of cart abandonment, and it does not prevent fraudulent use 100%. In this session, we will look at the latest fraudulent use on e-commerce sites, summarize the advantages and disadvantages of EMV 3D Secure, and introduce "Sift," a countermeasure solution against fraudulent use that does not affect cart abandonment.

A demonstration explains the technical elements of Sift and online fraud countermeasures using Sift.

*Webinar archived on March 18, 2022. While there are complex threats that cannot be prevented by conventional measures, such as account hijacking and unauthorized use, appropriate security measures to protect users are essential in order to gain the trust of users and expand business. . In this video, the person in charge of PSIRT freee K.K well-known for its cloud accounting services, took the podium and experienced their company's security measures, a detection rate that was about 100 times higher than before, and a reduction of about 90% in operation man-hours. We introduce the latest countermeasures.