Spec

🌐 Protect Your Business in 2025: The Complete Guide to Fraud Detection 🚨 Get the full guide here 👉 https://lnkd.in/ezTF-cqv Fraud attacks are evolving, becoming more sophisticated and harder to detect. Global merchant losses will reach $362 billion between 2023 and 2028. Is your business prepared? We've put together a comprehensive Fraud Detection Guide that covers: 🔍 Key fraud types impacting businesses today 🛠️ Advanced software, tools, and strategies for fraud detection ⚠️ Challenges with current fraud detection tools 💡 Capabilities for advanced fraud detection systems ✅ How to choose the right fraud detection solution for you Learn how to safeguard your revenue, improve customer trust, and stay ahead of cybercriminals with cutting-edge tools and proactive fraud detection. 💡 Whether you're a marketplace, e-commerce, finance, ticketing, or gaming company, this guide has insights tailored to you.

5 FRAUD FIGHTING STRATEGIES FOR MARKETPLACES 🛡 If you’re struggling to balance fraud prevention with a smooth customer experience, you’re not alone. As fraud tactics evolve, finding that balance is crucial. In our latest blog, we share 5 actionable strategies to help: 1️⃣ Audit Your False Positive Rate Regularly – Avoid frustrating legitimate customers by keeping a close eye on flagged transactions. 2️⃣ Incorporate Behavioral Data – Get the full story with behavior-based insights for better decision-making. 3️⃣ Segment Customers by Risk Profiles – Tailor your approach based on each customer’s risk level to reduce unnecessary friction. 4️⃣ Leverage Feedback from Manual Reviews – Use insights from review teams to refine your fraud detection over time. 5️⃣ Prioritize Transparency with Customers – Communicate clearly when extra verification is needed, building trust in the process. These steps can help protect your marketplace while keeping your customers happy. Dive into the full post to learn more: 📰 https://hubs.ly/Q02WCxGY0 ✍🏾 Be'Anka Ashaolu, Senior Marketing Manager #fraudprevention #customerexperience #marketplaces

🔒 Spec’s October Roundup 🔒 This month was all about staying ahead of the latest threats, from sophisticated fraud patterns to relentless bot attacks. Here’s a quick look at what we were up to in October: ✅ Entity Behavior & Linking – Discover how tracking hidden connections keeps bots and fraudsters in check 👉 https://lnkd.in/e3gbdATg ✅ Reduce Chargebacks by 99% – Learn how Spec eliminated 99.7% in chargebacks for a global theme park 👉 https://lnkd.in/eXky_4Xy ✅ Fraud Detection Guide – Get in-depth insights on how to identify and mitigate fraud across your customer journeys 👉 https://lnkd.in/ezTF-cqv ✅ Fraud in Focus Newsletter – A must-read newsletter for fraud-fighting news, insights, and emerging threats 👉 https://lnkd.in/eJ654BQR ✅ Credential Stuffing Prevention – Understand credential stuffing and how to stop it before it impacts your users 👉 https://lnkd.in/ePbCmM6R ✅ Chargeback Prevention – See how seamless protections can help you avoid revenue loss and maintain customer trust 👉 https://lnkd.in/en3wyxk2 With Spec, fraud and bots have nowhere left to hide. 🛡️

HOW TO EXPOSE HIDDEN FRAUD NETWORKS 🎭 A refund request looks innocent. But zoom out, and you’ll find the same IP tied to multiple accounts filing claims. Add in a device gaming promo, masked by a VPN... And suddenly you’ve uncovered a coordinated fraud operation. Most tools miss this, but Entity Behavior & Linking connects the dots so you can: 1️⃣ Link behavior across devices, accounts, and IPs—even in anonymous sessions and VPNs. 2️⃣ Visualize hidden connections between events to uncover coordinated fraud rings. 3️⃣ Act in real time to block abuse before chargebacks or refunds hit your bottom line. 4️⃣ Track long-term patterns to stop repeat offenders exploiting refunds or chargebacks over time. 5️⃣ Make smarter decisions by knowing exactly when to introduce friction—and when to let legitimate customers through. Fraudsters hide in plain sight, but with better visibility, you can dismantle their networks before the damage is done. 👉🏾 Dive into our latest blog post written by VP of Product Julie Yang for the full story: https://hubs.ly/Q02Wfqyj0 #fraudprevention #fraudfighters #Spec

🎥 How much is your current fraud solution missing? If refund abuse, fake accounts, or chargebacks are clogging your flows, it’s time to rethink your fraud detection. With Spec, your fraud team will: 🔍 Make smarter decisions faster with 14x more data 🔗 Uncover hidden patterns and connections others miss 🛡️ Stop bot and fraud attacks before they impact revenue 👀 Block fraud without adding unnecessary friction for real customers See what proactive fraud detection looks like in action. 👇🏾

🚨 New Blog: Understanding and Preventing Credential Stuffing Attacks 🔐👉 https://lnkd.in/ePbCmM6R The massive Change Healthcare breach exposed the dangers of credential-based attacks. Hackers exploited stolen credentials to infiltrate systems, causing widespread damage and disruption. This incident highlights why robust defenses against credential stuffing are essential. 🔍 Credential stuffing attacks are on the rise and are often the first step in more severe breaches. Here’s how to protect your organization: 🔐 Enforce strong passwords & multi-factor authentication (MFA) 🔐 Use CAPTCHAs and IP blocking for login protection 🔐 Leverage advanced detection tools that go beyond traditional defenses At Spec, we don’t just detect these threats — we disrupt them. Our Customer Journey Security platform analyzes entire user journeys to stop credential stuffing attacks before they escalate. With 14x richer data, Spec identifies suspicious behavior and deploys automated defenses that keep your business safe. Learn more about securing your customer journey with Spec 👉 https://lnkd.in/gmj9xFyZ

🚨 100 million individuals. 🚨 That’s how many were affected in the largest-ever healthcare data breach in U.S. history, following the attack on Change Healthcare that exploited stolen credentials. This incident serves as a stark reminder: stolen credentials remain one of the easiest and most devastating ways for cybercriminals to breach systems. It’s not enough to just react to threats — we must stay ahead of them.

🚫 Fraud and bots? Not on our watch. 🛡️ We helped a global theme park slash chargebacks by a staggering 99.7% by safeguarding their ticketing systems. 🎟️ The situation? 👇 This entertainment giant faced escalating ticket fraud, resulting in soaring costs, lost revenue, and reputational damage. They needed a swift and effective solution. The solution? 👇 Spec's Customer Journey Security and automated protections used 14x more data to detect hidden patterns and stop attackers in their tracks — before they could impact the business. The results? 👇 ✅ 99.7% chargeback reduction ✅ Deployed in just 21 days ✅ Seamless protection across global properties Want to cut your chargebacks by over 99%? Contact us to find out how: https://lnkd.in/ecvYFRM2

We're seeing a sharp increase in advanced fraud threats this year, with no signs of slowing down. 🚨 Vote in our poll and share what you’re seeing 👇

🚀 We’re heading to Money20/20 in Las Vegas! 📩 Message Nate or Zeke to schedule time to chat at the event and learn how we’re stopping fraud and bots in real-time. 🛡️ Sophisticated attacks are on the rise this year, so securing your customer journeys has never been more critical. With Spec, fraud and bots have nowhere left to hide. 🔍