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2016 e-commerce fraud on pace to surpass 2015

October 6, 2016 by Guest Contributor

As we approach the one-year anniversary of the EMV liability shift, we have seen an increase in e-commerce fraud — to the tune of 15% higher than last year. Additional insights from Experian’s biannual analysis on e-commerce fraud include:

  • 44% of e-commerce billing fraud came from Florida, California and New York*
  • 52% of e-commerce shipping fraud came from Florida, New York and California*
  • Miami, Fla., is the most dangerous city in the United States for e-commerce merchants* C2T

As fraudsters continue to perpetrate card-not-present fraud, ensure you are prepared. You’ll be thankful if fraudsters come calling.

>> E-commerce Attack Rates

Attack rate 400

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