Fraud , Payments Fraud

Shifts in the Retail Fraud Landscape

Shamoun Siddiqui, CISO at Neiman Marcus, Highlights Emerging Fraud Schemes
Shamoun Siddiqui, CISO, Neiman Marcus

The rollout of EMV in the U.S. has transformed the card fraud landscape, with a major shift to online channels, says Shamoun Siddiqui, CISO at retailer Neiman Marcus.

See Also: Live Webinar | Benchmarking Your Organization's Security Performance with Security Ratings

In a video interview at Information Security Media Group's recent Dallas Fraud and Breach Prevention Summit, Siddiqui discusses:

  • The move from card present to card-not-present fraud;
  • The pervasive problem of gift card fraud;
  • The evolution of artificial intelligence, machine learning and biometrics as fraud mitigation tools

Siddiqui, CISO at Neiman Marcus, has over 12 years of leadership experience in building cost- effective information technology and cyber security infrastructures and programs


About the Author

Nick Holland

Nick Holland

Director, Banking and Payments

Holland, an experienced security analyst, has spent the last decade focusing on the intersection of digital banking, payments and security technologies. He has spoken at a variety of conferences and events, including Mobile World Congress, Money2020, Next Bank and SXSW, and has been quoted by The Wall Street Journal, CNN Money, MSNBC, NPR, Forbes, Fortune, BusinessWeek, Time Magazine, The Economist and the Financial Times. He holds an MSc degree in information systems management from the University of Stirling, Scotland.




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