Online fraud is up 70 percent in the last 12 months, according to a new report by Forter. The report found a steady rise in the number of online fraud attacks in the past year. The average fraud rate of $5 per transaction is 41 percent higher than in previous years. Forter said the increase in online fraud is partly due to the use of stolen credit cards, which are often used to make fraudulent transactions. The increase in fraud is also being blamed on the rise in online retailers, such as Amazon.”]
Source: https://www.csoonline.com/article/3190056/buying-fraud-right-off-the-virtual-rack.html