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 avenues of attack contribute to this bad news, but knowing what types of fraud are increasing and how merchants can defend themselves will help, Forter said in its 2018 Fraud Attack Index.
