Today's sophisticated cybercriminal is, for lack of a better phrase, not your father's fraudster. Much like the technology they use to perpetrate online fraud and abuse, fraudsters are constantly evolving, working around the clock to develop new strategies and tactics that undermine even the most advanced fraud defenses.
Once known for their aspirations of gaining international fame and notoriety, online criminals are now focused on something much more tangible – your money. And lots of it. Their schemes are much more calculated and look more like money-making online business models than hackers trying to wreck havoc across the Internet.