Online Thieves Steal the Show

The rapid rise of e-commerce has not gone unnoticed by scammers. Consultancy Javelin Strategy & Research estimates that more than 7.5 percent of online merchants’ revenue goes toward the cost of fighting fraudulent activity. In fact, the cost of so-called “card-not-present fraud” is projected to hit $7.2 billion by 2020—up from $3.2 billion in 2015. Cre…