
According to MSN news “High fraud rates continue to plague electronic commerce Web sites, with criminals expected to steal $2.6 billion from online merchants this year, according to a new survey.” Despite the fact that consumers and merchants are taking every effort to avoid getting hit with fraud, a survey conducted by Webroot, a Colorado company that sells consumer security software, concluded 1 out 7 online shoppers have been a victim of fraud. Many companies are now accidentally rejecting legitimate orders due to the increasing fraud attempts.
Fraud expert, Ori Eisen, Founder and CIO of the 41st Parameter shares the latest trends on the more complex fraud scams.

















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