Tag: fraud attacks

E-payment & Data Security, Tech

Retail loyalty programs prime target for online fraud

October 21, 2019

Via: Retail Dive

Building on previous research into retailer fraud, the Forter report offers some insight into which parts of retailers’ operations are especially vulnerable to fraud, chief among them being loyalty programs. According to the report, consumers’ growing expectations have resulted in […]

E-payment & Data Security, Tech

Fraud attacks on retailers rose 13% in 2017

October 2, 2018

Via: Retail Dive

In a world of fast-changing trends, technologies and business models, there is one thing constant in retailing: fraud. Every dollar of fraudulent transactions cost merchants $2.94, up from $2.77 a year ago, a year-over-year increase of 6%. E-commerce and internet-related […]

E-payment & Data Security, Tech

Fraud attacks spike over past four quarters

August 31, 2016

Via: Chain Store Age

Cyber-criminals have been wreaking so much havoc among retailers that there has been a 137% jump in fraud attacks over the past four quarters, an issue affecting $7 out of every $100 of retail sales, according to the latest […]