Eighty percent of online crime is not reported to the authorities, with digital police practices ‘severely hampered’ and requiring ‘a fundamental change in mindset’, according to City of London Police commissioner Adrian Leppard.
With the cost of online orders lost to fraud as £2.92billion1, retailers’ fraud prevention systems could be costing them even more in lost business by failing to recognise genuine customers, a new report by ThreatMetrix warns.
The data breach landscape in the UK has changed beyond all recognition over the last few years. More than four in ten Britons (42%) have been affected in some way by a breach, and their levels of concern are growing. Jim Steven, Head of Data Breach Services at Experian discusses how these changes could well … [Read more…]