1、The State of Fraud and Abuse 2024The industrialization of online fraud has changed the rules and the stakes of the gameHow the industrialization of fraud has unleashed a highly sophisticated menaceWhile organized crimes assault on brick-and-mortar retail has been well-documented,a more menacing orga

2、nized crime wave has flourished in its shadow.Granted,ecommerce fraud is not as visually dramatic as the smash-and-grab robberies at physical stores that play on a continuous cable news loop.But sophisticated rings engaged in online digital theft can steal in a matter of minutes what it takes crime

3、rings weeks to haul off from physical stores.Juniper Research reported that online brands lost more than$48 billion to ecommerce fraud in 2023,up from roughly$41 billion in 2022.And the picture doesnt get any brighter with Juniper predicting that cumulative online retail fraud losses between 2023 an

4、d 2027 will top$343 billion.$48 billionOnline brands lost more than to ecommerce fraud in 20232FRAUD AND ABUSE IN 2024No question,fraud pressure is growing along with the growing sophistication of those who commit ecommerce fraud.Signifyds Fraud Pressure Index a measure of the rise and fall of order

5、s arriving with enough red flags to be presumed fraudulent rose 19%between the first half of 2023 and the first half of this year,according to Signifyd data.19%Signifyds fraud pressure index rose between this year and lastFRAUD AND ABUSE IN 2024FRAUD AND ABUSE IN 2024Fraud pressure doesnt discrimina

6、te when it comes to retail categoriesTraditional payment fraud continues to be a key concern for online merchants with good reason.Signifyd data for key verticals show a consistent year-over-year rise in the fraud pressure index during the first half of 2024.Four out of six key verticals saw a signi