The adoption of EMV terminals has pressured attackers to migrate their fraud attempts to the card-not-present channel. This is a major driver to the increase in e-commerce fraud attacks – more than 30% over last year.
Here’s how this fraud victimization has increased across the country:
- 16% in North Central states.
- 25% in Northeastern states.
- 32% in Southern states.
- 25% in Western states.
Attackers are extremely creative, motivated, and often connected. Protect all points of connection with your customers to prevent e-commerce fraud with a comprehensive, multilayered approach.