David Capezza

David Capezza

David Capezza is Senior Director of Payment Fraud Disruption at Visa, the American financial services corporation.

 

Cybercriminals Are Getting More Sophisticated

Internet fraudsters are on the prowl more than ever before due to the COVID-19 e-commerce boom. Consider that by mid-March 2020, online shopping in the U.S. surged 35 percent from 2019 levels, and card-not-present spending grew 30 percent in the last quarter of 2020, primarily driven by retail spending, as reported in Visa’s Q1 earnings. Cybercriminals…