RE: [registrars] Credit Card Fraud

["Bhavin Turakhia" <bhavin.t@directi.com>]

Hi,

We have had significant issues in Credit Card Fraud and have implemented
a large number of measures to reduce the same. Most of our concern stems
from the fact that we have only a 5 day delete period, which is not
adequate for detecting a fraud. Mebbe a pro-rata charge deduction for
deleted domains would help  ..... That way we could delete a name in a
month and be charged only for 1 month :) ...

Nevertheless here are some tips -

* matching country with ip and flagging of transactions

* banning email addresses/machines/domains (I have noticed most
fraudsters revisit ... This prevents a large number of fraudulent
transactions). Infact when I say ban them you should actually simply
display transaction failed .... So that they do not realise they are
banned

* multiple card attempts (this one has also got me quite a few fraud
attempts..... When some1 tries one card, then another and then another)

Bhavin


> -----Original Message-----
> From: owner-registrars@dnso.org 
> [mailto:owner-registrars@dnso.org] On Behalf Of Michael D. Palage
> Sent: Friday, August 23, 2002 10:18 PM
> To: registrars@dnso.org
> Subject: [registrars] Credit Card Fraud
> 
> 
> Hello All:
> 
> Over the past couple of weeks in talking with various 
> registrars about issues that need to be addressed. Almost one 
> issue that is the top of everyone's list is credit card 
> fraud. Although ICANN is not the forum for resolving this 
> problem, I believe that the registrar constituency should 
> undertake finding people that could help us better understand 
> and minimize this problem.
> 
> What I have done is contact the FBI person that spoke to us 
> almost two years ago about finding potential speakers from 
> the major credit card companies to give a presentation to us, 
> possibly during one of our bi-weekly calls. I will keep 
> everyone abreast of these developments as they evolve.
> 
> However, one trend that I did find regarding credit card 
> fraud is that it tends to see a spike during long holiday 
> weekends, like the upcoming labor day weekend here in the 
> United States. I have compiled a list of links on the 
> subject, and some low tech features that could help spot a 
> problem before it is too late to correct it. Because this is 
> a public list, I will not post these resources to the 
> listserv, but if you would like to receive a direct copy in 
> your in-box let me know.
> 
> Best regards,
> 
> Mike
> 
> 
> 
>