eCommerce is growing rapidly, but so is fraud. As more retailers transition their businesses online, the risk of fraudsters targeting unsuspecting Shopify merchants and their customers becomes more prevalent. In the last year alone, consumer losses increased by 30% from the previous year due to fraud – with no signs of slowing down.
How do you prevent fraudsters from harming your brand and your bottom line? The saying goes, “Keep your friends close and your enemies closer.” In the battle against fraud, understanding the enemy is important. To protect your business from fraud, you need to understand how fraudsters think and operate. It is crucial to adopt a proactive approach.
This eBook dives into the mind of a fraudster – how they think, operate, and scheme – and provides Shopify merchants with the tools they need to stay one step ahead. These tools help mitigate the risk of falling victim to fraud, safeguard your brand reputation, and preserve your bottom line.
Things You’ll Learn:
- The vulnerabilities fraudsters look for when selecting a target to exploit
- Common schemes and tactics of fraudsters
- How fraudsters bypass conventional fraud prevention methods
- Actionable tips to safeguard your business from fraud