8 in 10 Large Merchants Have Faced Cyber Attacks in Past Year

Merchants in the United States, particularly those handling international transactions, are grappling with increasing cybersecurity challenges.

With 82% of large merchants reporting data and cyber breaches over the past year, the financial impact is considerable, affecting revenue and customer trust, according to the PYMNTS Intelligence report “Fraud Management in Online Transactions.”

The report explored the challenges and strategies in online fraud management. The analysis addressed...