The rise of ecommerce fraud

Euro­pean etail­ers lost a report­ed 3.2% of their rev­enue to pay­ment fraud in 2021 as Covid made ecom­merce a fer­tile new bat­tle­ground for scam­mers. So how big a prob­lem is online retail fraud, what are com­pa­nies doing to pro­tect against it and just how bad­ly are cus­tomers being affect­ed?