Fraud is nothing new if you’re in the eCommerce business – you probably have a baseline level of fraud losses due to stolen credit cards, return fraud and other tactics. But with the rapid changes to the online fraud environment, those losses are going to escalate unless you alter your fraudprevention tactics to keep pace.
Several new trends should make businesses that do online sales and commerce sit up and take notice. Taken individually, each trend may seem manageable. But when you put them all together, they paint an increasingly threatening picture for businesses that sell goods and services through online websites.
This paper outlines five troubling trends in e-commerce fraud, and offers some guidance on how you can mitigate the riskthey present to your business.
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