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Why Device Age Matters: Retaining Device History Can Reduce Fraud Losses

Image for the insight guide titled 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

If you’re a consumer with questions or issues related to your personal credit report, drivers history report, disputes, fraud, identity theft, credit report freeze or credit monitoring services, please visit our Customer Support Center for assistance.

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