Digital fraud can cover both fraud carried out by customers as well as against them. Examples include credit card fraud that generates chargebacks, online bank attacks, attacks on point-of-sale (POS) systems, man-in-the-middle attacks on web and mobile payments, and complex frauds against e-commerce systems. Combating digital fraud has become a business issue and presents risk for any organization with online operations.
This white paper provides an overview of:
- What organizations can do to prevent fraud in digital commerce;
- Challenges organizations face fighting digital fraud driven by organized criminals;
- What, if any, barriers are there to investment in digital fraud security.