Financial crises boost fraud rates, making online consumers more cautious
59% of consumers are more concerned about becoming a victim of fraud now than they were in 2021, according to a research released by Paysafe. This Help Net Security video …
e-commerce
62% of consumers see fraud as an inevitable risk of online shopping
59% of consumers are more concerned about becoming a victim of fraud now than they were in 2021, according to a research released by Paysafe. Consumers across North America, …
How financial institutions are improving customer experience with fraud prevention measures
Fraud is a persistent threat, and there’s no end in sight as the e-commerce landscape continues to evolve and the use of online payment platforms increases. According to one …
Shipping fraud quickly emerging as one of the top fraud types
The continuous growth of e-commerce could be behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to a TransUnion …
Fraud detection and prevention costs merchants more than fraud itself
European merchants spent nearly €7 billion on fraud detection and prevention in 2021 alone – more than three times the value lost to fraud in the same year, CMSPI estimates. …
Application security market to reach $22.655 billion by 2026
The application security market is projected to witness a CAGR of 22.38% during the forecast period to reach a market size of $22.655 billion by 2026, increasing from $5.511 …
Online fraud skyrocketing: Gaming, streaming, social media, travel and ecommerce hit the most
An Arkose Labs report is warning UK commerce that it faces its most challenging year ever. Experts analyzed over 150 billion transaction requests across 254 countries and …
How Buy Now, Pay Later is being targeted by fraudsters
Consumers are increasingly utilising Buy Now Pay Later (BNPL) payment options to make online purchases. Indeed, several e-commerce companies reported huge uptakes in sales, …
Bots are stealing Christmas!
Kasada released new data on the latest fraud and malicious automation trends, revealing increased threats during the holidays; rising attacks by bots; and the discovery of a …
The retail sector needs to know when and not if it will be hacked
This year, major chains like Target and Walmart closed on Thanksgiving, which resulted in a 90.4 percent dip in visits to brick-and-mortar stores when compared to 2019. This …
Could passwordless be the solution to poor shopping sign-up processes?
Retailers could be shutting down huge revenue streams due to poor shopping sign-up processes, a study from Beyond Identity has revealed. A survey of more than 1,000 people in …
CTO of Security at Salesforce talks e-commerce cybersecurity threat trends for 2022
Online retailers are dealing with more cybersecurity threats than ever before, and the holiday (shopping) season is when they have to fend them off most aggressively. In this …