Wednesday, April 19, 2006

Online Fraud Rates Approaching Fraud Rates at Card-Present Retail According to 5th Annual Survey by Merchant Risk Council

See the ress release here:
The Merchant Risk Council (MRC), the retail industry's premier association for preventing online fraud, released today the results of its fifth annual survey of merchants. Two significant trends emerged from this study. Online fraud rates for merchants surveyed are now similar to the fraud rates of brick-and-mortar stores, and fraud spikes and fraudsters' use of increasingly sophisticated schemes keep retailers on alert.