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eCommerce Losses To Online Payment Fraud To Exceed $20 Billion Annually In 2021: Juniper Research Date 26/04/2021 A new study from Juniper Research has found that the value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year. The research found that fraudsters have targeted consumers as they have increased their eCommerce use; exposing insecure fraud mitigation processes from merchants who are unfamiliar and unprepared for the continuing fraud challenges in this market. The research identified that merchants need to do more to implement fraud prevention strategies across all of their eCommerce channels, or they will continue to experience large losses. The use of AI will enable behavioural biometrics in this area, which will increase security across all potential fraud channels.

Susan morrowMarket researchJuniper researchFighting online payment fraudOnline payment fraudEmerging threatsSegment analysisMarket forecastsSingle largestEcommerce fraudPayment fraudசூசன் நாளை மறுநாள்சந்தை ஆராய்ச்சிஜூனிபர் ஆராய்ச்சிசண்டை நிகழ்நிலை கட்டணம் மோசடிநிகழ்நிலை கட்டணம் மோசடி