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Fraud attacks on fashion e-commerce increased 47 percent in 2018

As online retail grows, so does online fraud. Criminals are getting more and more sophisticated, requiring e-commerce companies to stay up to date about their techniques. “Fraudsters have access to more private information than ever before, and as online criminal networks expand, the access to phishing kits or ‘crime-as-a-service’ opportunities...

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Retail

Fraud attacks up 163 percent in 2015

London - With e-commerce continuing to grow, so does the fraud attacks, according to a new study by the Global Fraud Attack Index, and 2015 reported an increase of 163 percent in the number of attacks by fraudsters, growing two and a half times in a three-quartered period. The quarterly index created by PYMNTS.com and Forter, benchmarks the rate...