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Half of Global Retailers See Account Takeovers Surge
Most global retailers are predicting an increase in fraud budgets next year, with nearly half seeing an increase in attacks, according to new data from Ravelin. The fraud prevention software vendor polled over 1000 merchants globally to understand their current challenges. It revealed that 45% are seeing an increase in account takeover (ATO) attacks. These efforts aim to hijack consumer accounts to tap them for any stored personal information which could be monetized on the dark web….
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