According to online statistics database Statista, the value of payment fraud losses in the United States rose from $5.6 billion in 2012 to an estimated $9.1 billion in 2018. Read More
Tag: identity theft websites
With the growth of online shopping comes security issues in e-commerce that LP professionals need to understand. Read More
A credit card skimmer is a device by which thieves and fraudsters steal credit card information. Often, these theft events will occur in the retail setting, but there are other ways by which the devices can be used to steal information from card owners for criminal purposes. Unfortunately, all it Read More
Radio frequency identification (RFID) skimming is a form of digital theft which enables information from RFID-equipped credit cards to be read and duplicated. It can be used as a form of wireless identity theft or credit card theft.
Typically, it involves the illegitimate reading of RFID-enabled credit cards (or other devices) Read More
Although retail fraud trends in the news these days seem to be all about online credit card fraud by computer hackers, and identity theft incidents to the tune of billions of dollars happening on a regular basis, not all of the news or concerns involving fraud are of such a Read More