“eCommerce doesn’t have a fraud problem – that’s for banks.”
Think again. The FBI reports that a staggering $141 million was lost in the eCommerce sector due to non-payment or non-delivery of purchases. Add to that a rough $60 million each from identity theft and credit card fraud.
Like a raging fire that jumps a river, eCommerce is increasingly vulnerable to getting burned.
The enormous growth in e-fraud means that retailers and other eCommerce businesses – a sector that grew 16% in 2017 alone – need to start taking notice and action to scale their digital growth securely and smoothly. Because the big hook in growing digitally isn’t about knowing who your enrolled customers are – that’s easy stuff — it’s in knowing to reduce friction when they’ve added a new device and when first time or guest users are to be trusted and welcomed in. Getting there is doable. It’s a matter of applying the right mix of millions of datapoints, cloud, AI and threat expertise.
Join this webinar to learn:
- What digital identity trust across the customer omni-channel journey means
- Why eCommerce businesses need to care about cybercrime
- Key eCommerce use cases in which balancing security and convenience just makes good sense
- How you can onboard new digital customers and devices smoothly using IBM Trusteer
You’ll leave this webinar with a stronger understanding of how your business is vulnerable to malicious activity and how it is possible to proactively challenge it, and how building a digital identity trust strategy makes good sense to protecting your business from cybercrime wildfires while offering smooth customer experiences.
Register Now