Counterfeit fraud: Ecommerce Account Takeover Fraud Jumps to 378% Since the Start of COVID-19 Pandemic

04 Oct 2020 9:04 PM | Anonymous member (Administrator)

Sift, a payment fraud solutions company has released its Q3 Digital Trust and Safety Index report, finding that account takeover (ATO) is the weapon of choice for fraudsters attacking eCommerce merchants, with ATO rates for physical eCommerce businesses jumping 378% since the start of the Covid-19 pandemic.

https://thefintechtimes.com/ecommerce-account-takeover-fraud-jumps-to-378-since-the-start-of-covid-19-pandemic/


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