eCommerce Fraud is any type of fraud that occurs on an eCommerce platform. Actually, eCommerce fraud takes many forms, including account takeover fraud, friendly fraud, card testing fraud, and more. <\/p>\n <\/p>\n While there are countless schemes that fraudsters can use, we want to highlight some of the most common types of eCommerce fraud. Among them:<\/p>\n <\/p>\n One of the most common and critical types is fraudulent credit card payments<\/strong>. Access to stolen credit card data continues to grow year over year, as it becomes easier for cybercriminals to purchase this data on the dark web, oftentimes in bulk.<\/p>\n <\/p>\n Payment fraud is exactly the fraud type some of our Magento clients have faced recently:<\/p>\n <\/p>\n <\/p>\n There are a number of ways to protect your business against fraudulent payments and reduce fraud risk:<\/p>\n <\/p>\n The Payment Card Industry Data Security Standard is a widely-respected set of requirements ensuring companies storing and processing credit card information and cardholder information \u2014 like eCommerce companies \u2014 maintain a secure environment.\u00a0 Ultimately, PCI compliance is mandatory, so you must ensure that you are abiding by relevant PCI guidelines to avoid any sanctions or penalties.<\/p>\n <\/p>\n When you are trying to run a business, it is meaningless to do everything on your own. Hire an expert to keep track of the security issues, and they will help you maintain transaction safety.<\/p>\n <\/p>\n This is one of the most effective ways to fight back against all types of eCommerce fraud. A fraud detection solution is helpful for eCommerce organizations of all sizes and is one of the best forms of fraud protection for eCommerce businesses.<\/p>\n <\/p>\n E-commerce sales have been at an all time high, and along with that growth are fraudsters ready to take advantage of unprotected\u2014and under-protected\u2014businesses. Now more than ever, e-commerce businesses need an eCommerce fraud solution that will protect revenue without prohibiting growth.<\/span><\/p>\n <\/p>\n
\n<\/span><\/p>\nTypes <\/span>of eCommerce Fraud<\/strong><\/h4>\n
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<\/p>\nHow to Fight Frauds<\/h3>\n
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! Maintain PCI Compliance<\/strong><\/h4>\n
! Hire Cybersecurity experts<\/strong><\/h4>\n
! Take Advantage of Fraud Detection and Protection Solutions<\/strong><\/h4>\n
\neCommerce Fraud Solution<\/span><\/h3>\n
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