News & Updates
The Latest on Internet Pharmacies, Supplements, Designer Drugs,
and Other High-Risk Merchants
Springtime Can Sprout Tax Scams and Marijuana Sales
What do taxes and marijuana have in common? At this time of year, both can draw cybercriminals seeking to capitalize on noteworthy dates: April 15, which is usually Tax Day in the US, and April 20, which is a day on which many celebrate marijuana. These are just some of the seasonal high-risk trends in…
The Opioid Crisis Spurs Abuse of Lookalike Products
The opioid crisis has plagued the United States since the 1990s, and while the country continues to battle opioid misuse and overdose, a new threat has emerged throughout the past several years: a substance abuse crisis involving opioid-like products. This threat is characterized by the increased popularity of abusing non-narcotic substances to experience opioid-like effects,…
A Post-Pandemic Ryan Haight Act May Create Uncertainty for Telemedicine
Use of telehealth services in the United States has grown during the COVID-19 pandemic, with many turning to the internet to access medical care to avoid the risks associated with in-person doctors’ visits. A study released by the CDC in October last year reported a 154% increase in telehealth visits during the last week of…
If It Works As Well As a Drug, It May Be One
Products to treat erectile dysfunction (ED) remain extremely popular online, and so many federal agencies around the world search the internet for products that are dangerous or otherwise illegal. Because card brands may issue fines based on the warnings and alerts issued by regulatory bodies around the world, it’s important for payment service providers to…
Decriminalization of Psychedelic Mushrooms May Boost Demand Online
In the United States, the legal status of hallucinogenic mushrooms appears to be at an inflection point. In May 2018, President Trump signed the “Right to Try Act,” which permits terminally ill patients to try drug treatments not yet approved by the FDA, including the use of some psychedelics. Furthermore, Oregon recently became the first…
The Super Bowl Can Cause Super Problems for Payment Service Providers
Of the top 30 most-watched television broadcasts in the history of the United States, Super Bowl events comprise 29 of them. They have drawn as many as 114 million TV viewers per game and tens of thousands of in-person spectators. That’s an attractive audience for anyone looking to target consumers, including cybercriminals and others engaged…
January is the Season for Risky Weight Loss Products
Losing weight is typically the number one New Year’s resolution — and cybercriminals know it. According to research firm Research and Markets, the largest diet surge is in January as people exit the holiday season and set New Year’s resolutions about their health. For this reason, it’s important for payment service providers and e-commerce platforms to watch out for those selling potentially violative products.
AirPods Popular With Consumers and Counterfeiters
The holiday shopping season is in full swing, and both legitimate retailers and cybercriminals are looking to take advantage of this year’s boost in online commerce. With its popular design and high demand, Apple’s AirPods are a prime target for merchants engaged in intellectual property violations. More than a quarter of suspected IP-infringing merchants LegitScript…
How Typosquatters Trick Holiday Shoppers
December is a peak online shopping season, with Cyber Monday alone reaching billions of dollars in sales. Because the internet is flooded with deals, many shoppers let their guards down and become susceptible to typosquatters, who trick consumers into buying counterfeit products or giving away sensitive information. It’s important for payment service providers to be…
A Q&A With CEO Scott Roth and LegitScript Founder John Horton
Scott Roth was recently appointed Chief Executive Officer of LegitScript, as company founder and long-time CEO John Horton is moving into the roles of Executive Chairman and Chief Strategy Officer. Their combined experiences will help LegitScript better navigate a period of significant growth for the company. In the following Q&A, John and Scott share more…