The Importance of E-Commerce Fraud Protection
August 25, 2023 ⚊ 1 Min read ⚊ Views 57 ⚊ TECHNOLOGY
The domain of e-Commerce scams encompasses diverse illicit activities strategically designed to exploit vulnerabilities inherent in online transactions. Fraudsters utilize advanced strategies to perpetrate various fraudulent activities, ranging from credit card fraud and identity theft to account takeovers and phishing schemes, thereby deceiving businesses and unsuspecting individuals.
The ramifications of this type of fraud extend beyond mere monetary losses, as it can damage a business’s standing and undermine customer trust. Gaining knowledge about the diverse manifestations of e-Commerce phony constitutes the initial phase in successfully implementing an enterprise fraud management system.
Tags: eCommerce fraud prote, enterprise fraud management
