The pandemic birthed a new era for e-commerce fraud, and the risks and vulnerabilities have never been greater. Data breaches and credential phishing alone exposed more than 1.1 billion personal records last year. and resulted in billions of dollars in losses for merchants through chargebacks, lost revenues and damaged customer relationships.

https://thefintechtimes.com/clearsale-data-breaches-and-identity-theft-are-fuelling-e-commerce-fraud/