According to CyberSource’s 11th annual study of e-commerce fraud. U.S. and Canadian merchants experienced a 1-2% decline in the average percentage of online revenues lost to fraud. Losses from fraud have held steady at 1.4% since 2006. Online fraud will cost North American merchants an estimated..
McAfee’s latest research paper called, “Inside the Password-Stealing Business: The Who and How of Identity Theft”, reveals startling facts on cybercrime. For instance, there was a 400% increase in malware designed to steal passwords in 2008. For the first 6 months of 2009, new malware..
According to a survey by Tealeaf Technology Inc., whose software analyzes consumer behavior online, 48% of US adults are buying more online this year than in 2008.Most ecommerce transactions go smoothly. Still, 80% of online shoppers reported having a problem when buying online. Problems included..
Does every company have to comply with PCI DSS security regulations which protect cardholder information?You bet they do.Any merchant or payment provider which stores, processes, and/or transmits cardholder data must be PCI DSS compliant. Regardless of how big or small the company is or the..