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The Ongoing E-Tail Dilemmas of Friendly Fraud, Insider Crime

E-commerce merchants face escalating threats posed by customer dishonesty and insider misconduct. This trend is exacerbated by the economic downturn, which has tightened cybersecurity budgets, making the marketplace more vulnerable to attacks.

Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20211130 19:24:00

today, walking up and down the street, and the store has one inside as well. unfortunately, they are not many signs that the problem is going away anytime soon. 69% of retailers say they have seen an increase in organized retail threats. now the issue, john, is that we are coming up on the holiday season. so the demand is still there. they will take that guts, then turn around and sell them on online marketplaces where there is not a lot of regulation. we are almost a month away from christmas, so there is still opportunity there. there is fear that we could be seeing more of the smash and grab crimes. john: it is the wild west these days. on madison avenue, thank you. sandra: president biden meeting to discuss the ongoing supply chain crisis. pledging to the executives in the room that he would do everything possible to untangle the supply chain and keep the

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