Smaller Online Retailers Hit By Scammers

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Smaller Online Retailers Hit By Scammers

12-12-2006, 05:05 PM,

Post: #1

regic Offline

Administrator

Posts: 2,825
Likes Given: 0
Likes Received: 2 in 2 posts
Joined: Jul 2005
Reputation: 0

Smaller Online Retailers Hit By Scammers

Quote:ONLINE retailers are accustomed to working overtime during the holiday season. So are criminals.

The holiday season typically brings a surge in the number of fraudulent orders, and thieves seem to have shifted techniques to combat tightened security practices among bigger merchants this year. The evidence so far is anecdotal, but industry leaders say smaller online retailers, and those with strong gift-certificate sales, are being especially hard hit.

Certainly the frauds are trying to take advantage of the very busy times, and the volume that fraud departments are trying to process, said Tom Sullivan, chairman of the Merchant Risk Council, a nonprofit antifraud group that represents about 100 online retailers. Theyre trying to slip more transactions through....

full article: http://www.nytimes.com/2006/12/11/techno....html?_r=1&ref=technology&oref=slogin

« Next Oldest | Next Newest »

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	Ecommerce Promotion Ideas: Hit The Shrub, Get A 20%-50% Discount	mandy	0	1,969	01-01-2009, 09:33 AM Last Post: mandy
	Online Retailers Record 8th Straight Week of Lower Traffic	mandy	1	2,242	10-31-2008, 04:21 PM Last Post: amy
	Analysis of the Top Converting Online Retailers	mandy	1	2,211	10-07-2008, 12:22 PM Last Post: mandy
	US Online Retail Growth Hit Hard By Slowing Economy	mandy	0	1,988	05-31-2008, 10:20 AM Last Post: mandy
	Furniture Retailers Hit Hard By Slumping US Economy	mandy	0	2,018	05-15-2008, 10:43 AM Last Post: mandy
	Why online retailers should start seeing green in a whole new way	mandy	0	1,692	12-06-2007, 11:22 AM Last Post: mandy
	New online shopping craze "team buying" makes an impact on Chinese retailers	mandy	2	2,721	08-10-2007, 10:36 AM Last Post: mandy
	Unauthorized online resales worry offline retailers and manufacturers	mandy	1	2,068	08-07-2007, 08:38 AM Last Post: mandy
	Online retailers need to innovate more	mandy	1	2,081	06-06-2007, 12:17 PM Last Post: I want 1 2
	Survey of top 500 ecommerce sites: fastest-growing sites are smaller niche sites	mandy	0	2,227	06-02-2007, 09:45 AM Last Post: mandy

Forum Jump:

Users browsing this thread: 1 Guest(s)