Fraud

Counterfeiting may have once catered to consumer temptation — a way to access and flaunt expensive brands at a fraction of the price. However, the proliferation of e-commerce has also translated to the counterfeiting industry: not only has it grown, but an increased number of consumers are unintentionally purchasing fake items. Counterfeiters are leveraging online…

Many businesses utilize the internet for revenue, but online retailers are completely dependent on it, making them especially vulnerable to cyberattacks. Since their sites and web applications must be freely accessible to the public (which includes hackers), online retailers must understand the most prevalent security threats in order to secure their web assets and retain…

The card-not-present (CNP) payment space has come a long way since the days of telephone orders. In the past few years, the market has seen an explosion in mobile app-based payments, which offer consumers unprecedented levels of convenience, albeit placing them at higher risk of CNP fraud. One thing that hasn’t changed is merchants’ never-ending…

Of the numerous malicious attacks that significantly affect your e-commerce business, client-side malware is one of the most lethal because it comes from the customer’s computer and isn't easily detectable. Its core goal is to interfere with client traffic on your website by redirecting them to other online stores. If not dealt with, client-side malware…

Accessories retailer Claire's experienced a data breach on its e-commerce site beginning in April that compromised customer payment information, reports Bleeping Computer. The company discovered the MageCart attack on Friday, June 12 after it was revealed in a new report by cybersecurity firm Sansec. The attack consisted of hackers injecting malicious JavaScript scripts into various sections of…

Consumers have come to expect flexible returns policies. In recent research, Forter found that a whopping 97 percent of consumers say that returns policies impact their likelihood to actually purchase with a retailer. This is especially true for consumers shopping for apparel and accessories; these shoppers frequently use in-store and online returns, and deem these…

At this year's midway point, we’re still seeing the impact of data breaches continue to surface. And it’s becoming increasingly apparent that fraud and identity theft aren't going anywhere. In fact, they escalated in 2019, and the first half of 2020 is showing anything but the threat subsiding. Fraudsters are adapting their techniques and shifting…

Marketing strategies developed for a pre-COVID world are, in the most part, not optimal for the realities of today. Brick-and-mortar retailers will be grappling with the challenges of strengthening their online presence and customer acquisition efforts. Strong online retailers will be facing more competitors, while likely also observing impacts of reduced consumer confidence. In this…

Counterfeiting and pirating of commercial goods is a massive global challenge. As businesses face the threat of counterfeit items, a growing crop of solutions aim to help organizations protect the authenticity and legitimacy of their products. By combining innovations like tracking technology with a proactive approach to piracy, you can stay ahead of potential counterfeiters,…

As the COVID-19 outbreak continues to threaten the world economy, it has also led to some significant threats relating to cybersecurity in the retail industry. But why retail? The answer is simple. The retail industry is the hotbed for customers' personally identifiable information (PII), and is also linked to their payment data needed to complete…