Online payment fraud losses accelerate at an alarming rate

Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion, according to Juniper Research. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year, showing the massive extent of these losses.

This Help Net Security video provides information about the current online payment fraud landscape.




Share this