Articles Tagged with ''fraud rates''

Over the past decade, fewer and fewer fraud cases were referred to law enforcement.

The FBI's ’s Internet Crime Complaint Center (IC3) logged more than 300,000 complaints in 2017 with losses of more than $1.4 billion.

The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity and introduction of new corporate criminal liability laws in that time.

A new report shines a light on the state of fraud within the Card Not Present (CNP) channel, including key facts and figures such as chargebacks, disputes and win rates.

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.

On the Internet security side, 37 percent of Americans are seriously concerned about the security of shopping or banking online.

North American financial executives perceived an increase in the rate of online account takeover attacks (63 percent) compared to their global counterparts (50 percent) in 2013, but the actual rate of attempted and actual wire and automated clearinghouse (ACH) fraud related to account takeover is lower in North American financial enterprises than at the global institutions, according to an ACI Worldwide survey, Strategies to Prevent Attacks on Commercial Accounts.