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Consumers put banks in the frame for holiday shopping fraud

VUBot

Staff member
Diamond Contributor
ECF Refugee
Vape Media
As we head into the peak holiday shopping season, 66 percent of Americans believe they could easily become a victim of fraud, while another 65 percent think they are at a higher risk of having their financial information exposed as a result of their holiday shopping. A new report from digital risk protection company Terbium Labs also shows that 68 percent would hold their bank at least partly responsible for fraudulent activity, no matter how the compromise occurred. Even if their bank or card company wasn't the original source of the data breach, 51 percent say they'd blame both the original source of… [Continue Reading]

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