Effective Point-of-Sale Anti-Fraud Measures Drive Scammers Online, Says Report
Delaware, Oregon and Florida ranked highest in billing and shipping e-commerce fraud last year, said a Friday Experian report. Such attacks jumped more than 200 percent there, and California and New York had more than 70 percent of total e-commerce…
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billing fraud attacks, said the information services company. South El Monte, California, led the list of U.S. cities in shipping and billing fraud in 2016, it said. Experian attributed the rise in e-commerce fraud attacks to continued adoption of EMV (Europay, MasterCard and Visa) terminals for chip-and-PIN credit cards, which has reduced credit card fraud at point-of-sale but driven scammers online.