Security News > 2016 > May > Online transaction fraud to reach $25 billion by 2020 (Help Net Security)
2016-05-04 13:00
Online transaction fraud is expected to reach $25.6 billion by 2020, up from $10.7 billion last year, according to Juniper Research. This means that by the end of the decade, $4 in every $1,000 of online payments will be fraudulent. The implementation of CHIP and PIN services at POS (Point of Sale) locations in the US is likely to be a key factor driving activity in the online fraud space. The greater security afforded by … More →
News URL
http://feedproxy.google.com/~r/HelpNetSecurity/~3/_NPuSKmtZUQ/