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News
Retail and E-Commerce Firms Face Rising Fraud Costs Exceeding $5 for Every $1 Lost, Study Finds
2+ mon, 2+ week ago (448+ words) Retail and e-commerce companies are facing escalating fraud-related costs amid growing pressure to maintain seamless customer experiences. The “LexisNexis True Cost of Fraud Study 2025 North America” highlights the increasing financial burden of fraud and the challenge of balancing security with…...
Retail and Ecommerce companies lose over $5 in costs for every $1 lost to fraud
2+ mon, 2+ week ago (300+ words) The study shows that 37% of retail and ecommerce organizations reported significant revenue losses due to fraud over the past year. The study finds that the total cost of fraud now exceeds $5 for every $1 of direct loss in both the United…...
Retail and Ecommerce Companies Face More Than $5 in Costs for Every $1 Lost to Fraud Amid Rising Complexity and Customer Experience Pressures
2+ mon, 2+ week ago (194+ words) Jun 25, 2026, 09:40 ET The study finds that the total cost of fraud now exceeds $5 for every $1 of direct loss in both the United States and Canada, reaching approximately $5.13 in the US and $5.23 in Canada. This marks the first time LexisNexis® Fraud…...
SMBs Particularly Exposed to Rise in Privacy Litigation, Report Says
5+ mon, 1+ day ago (214+ words) Small- and medium-sized businesses (SMB) are especially at risk of being struck by a new trend: a rise in cyber privacy litigation. “Privacy risk is no longer just about data breaches,” said Andy Thomas, CEO of KYND. A new report…...
What Have Retailers Learnt About Broadband Security in Online Sales Around Valentine’s Day?
6+ mon, 2+ week ago (365+ words) The lead-up to Valentine’s Day sees a dramatic increase in website traffic, online payments, and customer data exchanges. This makes retailers prime targets for cybercriminals looking to exploit vulnerabilities. Downtime, data breaches, and slow connections can quickly turn a profitable…...
WooCommerce WordPress Plugin Exploit Enables Fraudulent Charges
8+ mon, 1+ day ago (80+ words) StartupNews.fyi The popular WooCommerce Square plugin for WordPress vulnerability enables unauthenticated attackers to uncover credit cards on file and make fraudulent charges. The vulnerability affects up to 80,000 installations. The WooCommerce Square plugin enables WordPress sites to accept payments through…...
Holiday Mobile Threats Quadrupled in 2024 — What’s Expected This Year?
10+ mon, 2+ hour ago (346+ words) “Where there’s money and momentum online, cybercriminals invariably follow — Black Friday and Cyber Monday deliver both in abundance,” says Anne Cutler, Cybersecurity Evangelist at Keeper Security. The closer the holidays, the greater the threats — according to a report from Zimperium…...