The top concern with online fraud is the overall financial impact on the company, according to a survey conducted during Kount’s “Get on the Road to Less Online Fraud” webinar yesterday.
Of the webinar attendees surveyed, 54% agreed that the financial impact is a heavy concern, which is “not an unusual response,” Don Bush, vice president of marketing at anti-fraud technology service provider Kount, said during the webinar. “Many of the financial impacts are sometimes hidden,” he said.