Security News > 2022 > August > Online payment fraud losses accelerate at an alarming rate
2022-08-02 08:00
Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion, according to Juniper Research.
As a comparison, this equates to over 350% of Apple's reported net income in the 2021 fiscal year, showing the massive extent of these losses.
This Help Net Security video provides information about the current online payment fraud landscape.
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https://www.helpnetsecurity.com/2022/08/02/online-payment-fraud-losses-video/