E-commerce fraud is expected to cost merchants in excess of US$48 billion globally in 2023, up from over $41 billion in 2022 according to Juniper Research. It predicted that this growth will be accelerated by increasing use of alternative payment methods, such as digital wallets and BNPL (Buy-Now-Pay-Later), which are creating new fraud risks. This Help Net Security video highlights the evolving patterns in online payment fraud as well as changes in detection and prevention.
The post Online payment fraud is evolving appeared first on Help Net Security.
http://news.poseidon-us.com/Scbk3d
Related
