Phil Muncaster
E-commerce sites in the US and Western Europe are estimated to lose a whopping $18.6bn this year through fraud, according to a new Forrester report.
The market analyst compiled its figures from LexisNexis estimates that in 2017 the cost of fraud was just over 2% of revenue for e-tailers, and that the regions are expected to generate $859bn in revenues this year.
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Source: https://www.infosecurity-magazine.com/
