Why Device Age Matters: Retaining Device History Can Reduce Fraud Losses
You may have heard that months-old stored data loses value due to fraudsters frequently switching devices, but our data shows otherwise. In fact, over a typical three month period, we saw that 42% of processed transactions involved devices older than six months.
In this report, you’ll learn:
- How device reputation can enable you to make smarter and safer decisions about which transactions to allow, which to scrutinize, and which to deny
- Why some fraudsters continue to use devices years after the first case of fraud is reported
- Why retaining device history for more than six months can save you millions in fraud losses
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