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In Broad Daylight

By Prakash Santhana
April 02, 2014

e-Commerce and payments fraud schemes such as phishing, e-mail hacking, and malware attacks are an ongoing, growing threat across industries. While some fraud is inevitable, a major incident could cause incalculable damage to a company's finances, regulatory standing and reputation. And with the use of mobile payments and e-commerce on the rise, the danger is increasing.

A recent Deloitte online poll suggests that companies recognize the growing risk. Nearly half (47%) of the executives and managers from consumer-facing organizations who participated said fraud is a “high priority” for their organization.

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