Type of Article: MacTech Blog


Retailers to lose $71 billion in card-not-present fraud

New data from Juniper Research (www.juniperresearch.com) has found that retailers stand to lose $71 billion globally from fraudulent CNP (Card-Not-Present) transactions over the next five years. The research found that a number of factors, such as the USA’s shift to EMV cards, delays in 3DS 2.0 (3D-Secure) and click-and-collect fraud were key drivers behind the rise.

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Smart speaker unit shipments to surge between 2017 and 2022

Voice controlled smart speaker unit shipments are expected to increase from around 10 million to approximately 80 million, between 2017 and 2022, globally, according to new data from Research and Markets (www.researchandmarkets.com). This includes market segments: voice controlled room speakers, portable/battery powered speakers, sound bars and wireless multi-room speakers.

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32% of businesses victims of a major cyber-attack over the past year

Spohn Security Solutions says 32% of businesses were victims of a major cyber-attack over the past year. The corporate world loses $388 billion annually recovering from cybersecurity breaches, $55 billion is spent annually fixing computer viruses alone, according to the research group.
 
Timothy Crosby, senior security consultant for Spohn Security Solutions (https://spohnsolutions.com), says while cyber criminals bear the brunt of blame, much of the security threat comes from within an organization. A survey of 4,500 CIOs and technology leaders found that:

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