Security News > 2018 > November > Losses from online payment fraud to reach $48 billion annually

Losses from online payment fraud to reach $48 billion annually
2018-11-23 05:30

A new study from Juniper Research has found that annual online payment fraud losses from eCommerce, airline ticketing, money transfer and banking services, will reach $48 billion by 2023; up from the $22 billion in losses projected for 2018. Juniper’s new research, Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2018-2023, claimed that a critical driver behind these losses will be the continued high level of data breaches resulting in the theft of … More → The post Losses from online payment fraud to reach $48 billion annually appeared first on Help Net Security.


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