Italian Ministry of Economy and Finance released the annual report on Payment card frauds. The document focus on payment card fraud (unrecognized transactions) issued in Italy and used everywhere. In 2014 total payments genuine, both in value and in number, increased by 4% and 6%. The value of fraud increased by 5%, while the number rose by 20%, with a reduction in the average value of individual transactions. Internet frauds increased for the fifth consecutive year (+ 11% in the incidence value and + 30% as the fraud value)”]
Source: https://securityaffairs.co/wordpress/40990/cyber-crime/mef-report-2015-payment-card-frauds.html

