7.5% of U.S. adults lost money as a result of financial fraud in 2008, a Gartner study says. Data breaches were the leading source of much of the payment card fraud, the most common type of fraud. Victims of fraud were twice as likely to change their shopping, payment, and e-commerce behavior. Social networks are becoming a significant source of fraud because they’re such a rich source of personal information. Gartners recommends that organizations act to protect sensitive data before it’s too late.”]
Source: https://www.darkreading.com/attacks-breaches/e-commerce-fraud-leads-to-lost-customers