eCommerce fraud continues to rise, and fraudsters continue to innovate new ways to defraud honest merchants. This includes new strategies like synthetic identity fraud as well as new tactics like SIM card swaps. Meanwhile, technology continues to advance; it’s easier and easier for thieves to perfect and scale their operations. Newcomers and wannabe hackers can easily buy personal information, credentials, and credit card numbers stolen with algorithms and sold anonymously on the dark web.
Download this complimentary report created by Merchant Fraud Journal, featuring fraud forecasts from NuData’s Rosemary O’Neil.