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Costs of managing online fraud increases to 8% of a retailer’s annual revenue

Costs of managing fraud increase to 8% of revenue

Online retailers are spending 8.0% of their annual revenue to prevent and manage fraud, according to a new study from research consulting firm Javelin Strategy and Research LLC. The study “2017 Financial Impact of Fraud Study,” which fraud and payment provider Vesta Corp. sponsored,  surveyed 497 e-commerce merchants that generated $1 million or more in […]

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