According to a recent Javelin study, $16 billion was lost to fraud last year. Much of that fraud occurs online and can easily happen through your company’s website, which can lead to costly charge backs from your bank. Because of this, it’s important for your finance and IT teams to be aware of common fraud schemes and work closely to prevent them. To learn about seven types of eCommerce fraud that can take place, read this article on entrepreneur.com.
If you need help preventing and discovering financial fraud at your organization, I welcome you to contact me at 214-454-9051 or email@example.com.