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When analysts at JAVELIN released their report on the implications of back-office and payments fraud for small businesses in the U.S., they calculated financial losses for these companies at $3.1 billion in 2015 alone. Cybercriminals are...
Small businesses are increasingly targeted by cyberthieves looking for easy prey. A new report from JAVELIN has uncovered the price of being an easy target. According to researchers, small businesses lost an average of more than $12,000 in...
“I think the routine stuff that consumers don’t want to do in physical fashion is the stuff that you can take out of the branch,” said Mark Schwanhausser, director of omnichannel financial services at research firm Javelin.
Javelin reports 5.7% of micro merchants and 6.5% of small merchants were affected by a data breach last year against their customers or within the operation to obtain information that could be used to steal from their accounts.Nearly half of...
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