The US Supreme Court rejects Zappos’ data-breach lawsuit
(Bloomberg)—The U.S. Supreme Court turned away an appeal by Amazon.com Inc.’s Zappos unit, letting a lawsuit proceed over a 2012 hack that exposed the personal information of 24 million customers. The...
View ArticleHackers target Amazon merchants and steal funds
(Bloomberg)—Amazon.com Inc. said it was hit by “extensive” fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year. Amazon, No. 1 in the...
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5 ways to boost ecommerce security—and trust among customers
Arno Ham Cyber attacks and security breaches can be incredibly costly, inconvenient, and require a significant amount of time and resource to counteract if you don’t have the right measures in place....
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3 takeaways from the 2020 Verizon data breach report
Ido Safruti, co-founder and chief technology officer, PerimeterX What threats should retailers worry about in 2020? The list grows each year and 2020 was no exception, according to the latest Data...
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Vendor news: Shopify doubles GMV while Google gets boost from curbside uptick
(Bloomberg)—Shopify Inc. posted much higher-than-expected revenue for its first fiscal quarter ended March 31, and it reiterated that it expects continued strong sales growth in 2021 but at a slower...
View ArticleFraud prevention vendor Sift acquires Chargeback dispute manager
Ecommerce payment fraud occurs in several ways, such as a criminal using stolen credit card information to purchase goods from a retailer, or a consumer disputing a charge with the credit card company...
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Merchants & Consumers Weigh in: The 2023 Chargeback Field Report
In this webinar, we’ll discuss the findings from the 2023 Chargeback Field Report, which offers retailers, FIs, consumers and other stakeholders a look at the current state of chargebacks. A...
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CPG manufacturers speed up the digital transformation assembly line
Consumer brand manufacturers face a litany of challenges, not the least of which are supply chain distribution companies and a softer economy. But a new survey of consumer brand manufacturers from...
View ArticleHow one furniture retailer combats fraud during online checkout
After 25 years exclusively as B2B, outdoor furniture merchant Polywood shifted to include B2C to “own our own brand,” says Sean Valencourt, executive vice president of information systems. As business...
View ArticleAmazon accuses former employees of conspiring with fraud ring
Amazon.com Inc. filed a lawsuit accusing former employees and others of illegally defrauding the company of hundreds of thousands of dollars as part of an international fraud ring. Alleged...
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