Every dollar of fraud to merchants and firms in the retail and financial services sector is estimated to cost $2.66 on average, said a new fraud report.

According to the 2017 Debit Issuer Study, U.S. financial institutions substantially increased issuance of chip debit cards in 2016 and experienced reduced fraud losses.

Shoddy installation of solar panels and leasing lemons vehicles are leading high on the list of complaints to state and local consumer protection agencies last year across the country.

eCommerce fraud as a percent of sales dollars has been declining across the board, except for two industries, since the first quarter of 2016.

Call center fraud is rising at an astronomical rate, increasing 113% in 2016.

Consumers across the globe are more concerned with protecting their financial and payments information stored on a computer than they are with protecting this data when stored on a mobile wallet, according to data.

Imposters have overtaken identity thieves to become the nation’s top fraudsters, according to the latest consumer complaint data from the FTC.

Forter, a fraud prevention company, said that online fraud attacks grew 8.9% in 2016 and early 2017 compared to 2015, a reduction from the 2015 increase when significant fraud moved from point of sale (POS) to online.

The number of identity fraud victims increased by 16 percent (rising to 15.4 million U.S. consumers) in the last year.

Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.