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Experian: E-commerce fraud attack rate up 15% over 2015

September 23, 2016

Data from global information services company Experian shows that e-commerce fraud attack rates this year appear to be at least 15% higher than in 2015, growth suggesting that stolen cards, card numbers or identities may be getting used in incidents of “card not present” fraud.

Experian also determined the riskiest ZIP Codes in the nation where fraud potentially could occur, and found Florida to be the top-ranked state for billing fraud, followed by New York and California. The three states have major ports-of-entry and airports that make it convenient for fraudsters to re-ship their stolen goods elsewhere.

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